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Ugly Duckling Corp

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CALIFORNIA | LOCAL
January 11, 1999 | Crystal Carreon, (714) 966-7835
When Ugly Duckling Corp. asked to operate a used car dealership out of an existing commercial building at 11792 Beach Boulevard, a few planning commissioners thought the Ugly Duckling colors planned for the storefront were, well, ugly. Commission Chairman Don Martinez said the used car lot colors are appropriate for Los Angeles but not for Stanton. But Commissioner Edward Royce reminded his colleagues that beauty is in the eye of the beholder.
CALIFORNIA | LOCAL
January 11, 1999 | Crystal Carreon, (714) 966-7835
When Ugly Duckling Corp. asked to operate a used car dealership out of an existing commercial building at 11792 Beach Boulevard, a few planning commissioners thought the Ugly Duckling colors planned for the storefront were, well, ugly. Commission Chairman Don Martinez said the used car lot colors are appropriate for Los Angeles but not for Stanton. But Commissioner Edward Royce reminded his colleagues that beauty is in the eye of the beholder.
BUSINESS
April 29, 1998
* American Airlines said beginning June 1, passengers will be limited to two carry-on items that must fit within baggage sizers at airport gates, joining other carriers in tightening baggage rules. * Equity Office Properties Trust, headed by billionaire financier Sam Zell, said it bought 13 office buildings in Denver and Albuquerque for about $394 million. * Ugly Duckling Corp. said it will spin off part of its auto-lending business into a new company, Cygnet Financial Corp.
BUSINESS
August 1, 1998 | From Bloomberg News
Imperial Credit Industries Inc. said Friday that it will close its Automotive Marketing Network Inc. unit, which makes auto loans to high-risk borrowers, because it was operating at a loss. The Torrance-based commercial and consumer lender announced the move as it reported second-quarter operating profit of $16.3 million, or 40 cents a diluted share, up 16% from $14.1 million, or 35 cents, a year ago.
NEWS
July 19, 2000 | KATHLEEN DOHENY, SPECIAL TO THE TIMES
After her Ford Escort died, Dionne Bruno needed another car to get her from her home in Carson to West Los Angeles, where she worked as a judicial case manager. Bruno, 34, knew financing would be tough; a recent divorce had left her with "very bruised" credit. So instead of heading to her bank or a credit union, she visited car lots with signs that said: "We finance anyone." Not quite, Bruno found. "They didn't finance me."
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