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September 17, 1995
William W. Pennell, 65, bankruptcy trustee named to help several major companies turn around their financial situations. Until he resigned recently because of poor health, Pennell had been an active director of such companies as Davis Wire, Dolco Packaging, House of Fabrics and Pacific Homes. As a reorganization trustee working with courts, he helped to work out the finances of such companies as Paramount Petroleum Corp., Ag Man and United Foam. He served as managing director of Seidler Cos.
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BUSINESS
December 8, 1999 | Bloomberg News
A sampling of new stock ratings issued Tuesday by Wall Street equity analysts: * Antec Corp. (ANTC; $41.25, down $8.44) was downgraded to "hold" from "buy" by Josephthal & Co. * Casella Waste Systems Inc. (CWST; $19.06, up 50 cents) was rated new "strong buy" by Deutsche Banc Alex. Brown. * Circuit City Stores (CC; $42.69, down $1.06) was downgraded to "neutral" from "buy" by Salomon Smith Barney. * Exxon Mobil Corp. (XOM; $83.
BUSINESS
September 22, 1998 | Bloomberg News
Harvey Entertainment Co. shares rose 24% as the entertainment company hired Donaldson, Lufkin & Jenrette Securities Corp. to consider a possible sale of the company as it looks to increase returns to shareholders. Shares of the Los Angeles-based company, which manages and markets characters such as Casper and Richie Rich through merchandising, movies, videos and television, rose $1.56 to close at $8.06 on Nasdaq. Earlier, the shares touched $9.
CALIFORNIA | LOCAL
June 11, 2006 | From a Times Staff Writer
Roland Seidler Jr., founder of the Seidler Cos., a leading Los Angeles-based investment banking and financial services firm, has died. He was 77. Seidler died Thursday at his home in Pasadena, according to a statement from the office of Peter O'Malley, Seidler's brother-in-law and former owner of the Los Angeles Dodgers. The cause of death was not announced. In addition to his work in the financial community, Seidler served on the board of directors for the Dodgers from 1975 to 1998.
BUSINESS
March 1, 2000 |
World Wrestling Federation Entertainment Inc. (WWFE), whose shares had apparently been down for the count since the company went public in October, got off the mat Tuesday with quarterly earnings that body-slammed Wall Street estimates. Net income at the company that made stars of such wrestlers as "Stone Cold" Steve Austin increased 54% in the quarter ended Jan. 28 to $15.7 million, or 23 cents a share.
BUSINESS
November 25, 1999 | Times Staff, Bloomberg News
Sometimes, there are potholes on the information superhighway. Shares of PNV Inc. (ticker symbol: PNVN) of Coral Springs, Fla., which provides Internet access and Web-based telephone service to truckers, dropped $1.50 from its initial public offering price in its Nasdaq trading debut Wednesday, closing at $15.50. Meanwhile, among stock rating changes analysts issued Wednesday: * Pierce Leahy Corp. (PLH; close and change: $33.
BUSINESS
April 19, 1994 | SUSAN CHRISTIAN, TIMES STAFF WRITER
In the first step in a reorganization of its upper management team, Fluor Corp. on Monday announced the departure of Gerald M. Glenn, a group president of the company's core engineering and construction unit, Fluor Daniel. Glenn, 51, one of two who shared the top position at the subsidiary, resigned from his post, as well as from Fluor's board, "to look for other opportunities," said Leslie G. McCraw, Fluor chairman and chief executive.
BUSINESS
September 21, 2000
* Dan Hawtof, most recently director of marketing at Avnet/Marshall, has joined the management team at ISuppli Corp., an El Segundo-based electronics components e-commerce company. In his position as director of business development, Hawtof will help build strategic alliances and service offerings for customers and suppliers. * Chatsworth-based Natrol Inc., a manufacturer and marketer of branded dietary supplements, has named M. Ehtisham Rabbani vice president of marketing.
BUSINESS
March 28, 2003 | Hanah Cho, Times Staff Writer
WD-40 Co.'s namesake household lubricant may be slick, but the company showed no indication of slipping Thursday as its stock price rose 15%. Shares gained $3.25 to close at $24.90 on Nasdaq a day after the San Diego-based company said second-quarter profit climbed 49 cents a share, or 26%, to $8.2 million, from $6.5 million, or 41 cents, in the year-earlier period. Sales jumped 15% to $58.3 million for the period ended Feb.
BUSINESS
May 14, 1998 | From Bloomberg News
Shares of Callaway Golf Co. fell about 10% on Wednesday after the golf club maker said currency turmoil in Asia and increased price competition could cut its second-quarter earnings to about 50% below analysts' estimates. President and Chief Executive Donald H. Dye said Callaway's earnings could be as much as 30 cents a diluted share less than analyst expectations.
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