Advertisement
YOU ARE HERE: LAT HomeCollectionsVertel Corp
IN THE NEWS

Vertel Corp

FEATURED ARTICLES
CALIFORNIA | LOCAL
November 16, 1999
Vertel Corp., Woodland Hills, said that it expects a nonrecurring charge of about $600,000 due to restructuring in the fourth quarter of 1999. As announced in October, the company plans to reduce its work force, move engineering to offshore locations and consolidate operations at its San Diego facility. Vertel provides software technologies and applications for digital information industries.
ARTICLES BY DATE
CALIFORNIA | LOCAL
January 11, 2000 | MORRIS NEWMAN, SPECIAL TO THE TIMES
The demand for ever-faster telecommunications, and the software that can make that speed possible, is helping fuel the rocketing stock price of Vertel Corp. Shares in the company rose 192.4% in the fourth quarter of 1999, and were up 249% for the calendar year--impressive even by the Jack-and-the-beanstalk standards of fast-growing technology stocks. On Monday, the stock closed at $9.06. Vertel's stock price, however, has been volatile, ranging from a 52-week low of $1.06 to a high of $14.
Advertisement
CALIFORNIA | LOCAL
January 11, 2000
The San Fernando Valley-area companies posting the largest stock price gains in 1999 aren't exactly household names. Here's where you can find out more about them: http://www.mrv.com: Product information, SEC filings and annual reports for MRV Communications. http://www.vertel.com: Guide to services, company news, job openings at Vertel Corp. http://www.hawker.com: This site by Hawker Pacific Aerospace allows you to order aircraft parts online. http://www.align-rite.
CALIFORNIA | LOCAL
January 11, 2000
The San Fernando Valley-area companies posting the largest stock price gains in 1999 aren't exactly household names. Here's where you can find out more about them: http://www.mrv.com: Product information, SEC filings and annual reports for MRV Communications. http://www.vertel.com: Guide to services, company news, job openings at Vertel Corp. http://www.hawker.com: This site by Hawker Pacific Aerospace allows you to order aircraft parts online. http://www.align-rite.
CALIFORNIA | LOCAL
January 11, 2000 | MORRIS NEWMAN, SPECIAL TO THE TIMES
The demand for ever-faster telecommunications, and the software that can make that speed possible, is helping fuel the rocketing stock price of Vertel Corp. Shares in the company rose 192.4% in the fourth quarter of 1999, and were up 249% for the calendar year--impressive even by the Jack-and-the-beanstalk standards of fast-growing technology stocks. On Monday, the stock closed at $9.06. Vertel's stock price, however, has been volatile, ranging from a 52-week low of $1.06 to a high of $14.
CALIFORNIA | LOCAL
November 7, 2000
Vertel Corp. in Woodland Hills reported a net loss for the third quarter that ended Sept. 30 of $2.2 million, compared with a net loss of $3 million for the same quarter last year. Revenue dropped to $3.4 million from $4.7 million. Vertel provides mediation software for telecommunications networks.
BUSINESS
November 21, 2000
Efficient Networks Inc., the No. 1 maker of modems used for high-speed Internet access on phone lines, said board member Bruce Brown has been named chief executive. Brown replaces co-founder Mark Floyd, 45, who will continue as chairman. Brown, 50, was named chairman of Vertel Corp., a maker of software that runs telecommunications networks, in May. He had been president and CEO since 1995.
CALIFORNIA | LOCAL
November 28, 2000
* Sunkist Growers of Sherman Oaks announced that Vincent J. Lupinacci is leaving the company after less than three years as president and chief operating officer, citing personal and family reasons. James H. Mast, chairman of the Sunkist board, has been appointed acting president, effective immediately. Sunkist is a $1-billion citrus marketing cooperative owned by more than 6,500 citrus growers in California and Arizona. The company markets fresh fruits and processed citrus products worldwide.
BUSINESS
August 9, 2001 | BRAD BERTON, SPECIAL TO THE TIMES
An affiliate of British real estate company Grosvenor has acquired the 12-story Warner Corporate Center office tower at Victory Boulevard and Canoga Avenue in the Warner Center commercial district in the San Fernando Valley. Grosvenor's San Francisco-based Vice President Alan Chamorro wouldn't disclose the price his firm paid an affiliate of Japan-based Nomura Real Estate for the 75% leased, 253,000-square-foot building.
CALIFORNIA | LOCAL
November 16, 1999
Vertel Corp., Woodland Hills, said that it expects a nonrecurring charge of about $600,000 due to restructuring in the fourth quarter of 1999. As announced in October, the company plans to reduce its work force, move engineering to offshore locations and consolidate operations at its San Diego facility. Vertel provides software technologies and applications for digital information industries.
Los Angeles Times Articles
|