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Unocal Exploration Corp

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February 26, 1992 | From Times Staff and Wire Reports
Unocal Will Merge With Unocal Exploration: The parent company, Unocal Corp., will link its indirect subsidiary, Unocal Exploration Corp., with Union Oil Co. of California, a wholly owned subsidiary. Unocal Exploration shareholders will receive 0.54 shares of Unocal common stock at the time of the merger, which the company expects to complete by May 2. Unocal Exploration stockholders should benefit, said Unocal Chairman Richard J.
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BUSINESS
February 26, 1992 | From Times Staff and Wire Reports
Unocal Will Merge With Unocal Exploration: The parent company, Unocal Corp., will link its indirect subsidiary, Unocal Exploration Corp., with Union Oil Co. of California, a wholly owned subsidiary. Unocal Exploration shareholders will receive 0.54 shares of Unocal common stock at the time of the merger, which the company expects to complete by May 2. Unocal Exploration stockholders should benefit, said Unocal Chairman Richard J.
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BUSINESS
April 28, 1992
Companies ranked by profit from continuing operations as a % of sales. Pct. '91 Rank Company Return 1 Magma Power Co. 40.3 2 Franklin Resources Inc. * 31.1 3 Cisco Systems Inc. 24.1 4 Syntex Corp. * 23.0 5 Adobe Systems Inc. 22.5 6 Wesco. Financial Corp. 22.2 7 Diagnostic Products Corp. 21.5 8 Berry Petroleum 21.4 9 Novellus Systems Inc. 21.0 10 Autodesk Inc. 20.3 11 McGrath Rent Corp. 19.8 12 Linear Technology Corp. * 19.3 13 WD-40 Co. * 17.8 14 Xilinx Inc. 17.5 15 Acuson Corp. 17.
BUSINESS
April 30, 1991 | GEORGE WHITE, TIMES STAFF WRITER
For Los Angeles County's larger companies, 1990 was a year of difficult adjustments. Many had to shift into a cutting mode to cope with the recession that began last year--chopping prices to stimulate sales, slashing costs to minimize losses or trimming dividends in line with shrinking profits. Ironically, as many businesses struggled in the difficult economic environment, one troubled industry--aerospace--recovered, at least for the year.
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