Ranks companies by loss from continuing operations. '90 loss Rank Company ($ millions) 1 Occidental Petroleum (1,688) 2 First Executive Corp. (366) 3 Homefed Corp. (248) 4 Calfed Inc. (222) 5 Landmark Land Co. (221) 6 Great Amer. Bank San Diego (173) 7 National Semiconductor* (170) 8 Pathe Commun.* ** (141) 9 Raychem Corp.* (111) 10 Genentech Inc. (98) 11 Intermark Inc.* ** (68) 12 MAI Systems Corp. (64) 13 Coast Savings Finl. (63) 14 American President Cos.
April 27, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
A lot can happen in a year. A large, debt-ridden bank can pull in its purse strings and go from a nine-figure loss to a nine-figure gain. A computer hardware maker on the verge of collapse can introduce a popular disk drive that puts it on its feet. First Interstate Bancorp and Maxtor Corp. were among California's top corporate turnarounds last year, based on the margin between their financial losses in 1991 and profit in 1992.