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Somatix Therapy Corp

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BUSINESS
April 27, 1993
Companies ranked by loss from continuing operations. '92 Income Rank Company ($ Millions) 1 Glenfed Inc. -270 2 MAI Systems Corp. -180 3 Homestake Mining -176 4 Intermark Inc. -173 5 Scios Nova -132 6 J.M. Peters Co. -131 7 LSI Logic Corp. -110 8 Chiron Corp. -96 9 ICN Biomedicals -87 10 Borland International -81 11 Silicon Graphics Inc. -74 12 L.A. Gear Inc. -72 13 PS Group Inc.
BUSINESS
January 14, 1997 | Times Staff and Wire Reports
Cell Genesys Inc. agreed to acquire Somatix Therapy Corp. for stock valued at $82.8 million, or $3.39 a share, a deal that would create one of the largest developers of gene therapies. The companies said they plan to fire about 20% of their combined work force after they close Alameda-based Somatix's site there and consolidate research and development. Cell Genesys has about 145 employees and Somatix has about 85.
BUSINESS
May 6, 1997
Companies ranked by net losses in 1996, including one-time charges that may not indicate routinely losing operations. *--* Rank Company 96 income (millions) 1 Apple Computer Inc. -$835 2 AST Research Inc. -418 3 Amdahl Corp. -327 4 Merisel Inc. -219 5 Calgene Inc. -145 6 Sizzler International -136 7 National Semiconductor -126 8 Advanced Micro Devices -115 9 SyQuest Technology Inc. -110 10 Argonaut Group Inc. -106 11 Trikon Technologies Inc. -94 12 Bay Networks Inc. -83 13 Cirrus Logic Inc.
BUSINESS
August 16, 1995 | From Times Wire Services
The dollar jumped to its highest levels in nearly six months Tuesday as the United States, Germany and Japan joined forces in a surprise buying spree on world currency markets. Dealers said they expect further advances as the dollar now looks to have decisively broken a five-year downward trend against the Japanese yen. "Buy dollars and wear diamonds," joked Scott Pardee, senior adviser at Japanese broker Yamaichi International in New York and a longtime backer of U.S. currency.
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