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March 22, 1989 | DONNA K. H. WALTERS, Times Staff Writer
Hewlett-Packard, one of a handful of large U.S. companies still operating in South Africa, said Tuesday that it would sell its subsidiary there to a South African holding company. The sale to Siltek Ltd. is only a partial withdrawal from the country; Hewlett-Packard products, largely computer systems and electronic instrumentation, will continue to be sold and serviced by Siltek.
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BUSINESS
March 22, 1989 | DONNA K. H. WALTERS, Times Staff Writer
Hewlett-Packard, one of a handful of large U.S. companies still operating in South Africa, said Tuesday that it would sell its subsidiary there to a South African holding company. The sale to Siltek Ltd. is only a partial withdrawal from the country; Hewlett-Packard products, largely computer systems and electronic instrumentation, will continue to be sold and serviced by Siltek.
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BUSINESS
June 6, 1997
Woodland Hills-based Litton Industries Inc. reported fiscal third-quarter profit ending April 30 of $42 million, or 89 cents per share, compared with $38.8 million, or 81 cents, in the year-ago period. . . . Sherman Oaks-based House of Fabrics reported a first-quarter loss for the period ending April 30 of $4.4 million, or 81 cents per share, compared with a loss of $5.9 million in the year-ago period before a reorganization under Chapter 11 of the U.S. Bankruptcy Code. . . .
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