Advertisement
YOU ARE HERE: LAT HomeCollectionsViking Office Products Inc
IN THE NEWS

Viking Office Products Inc

FEATURED ARTICLES
BUSINESS
April 30, 1991
Glenfed Capital, a subsidiary of Glenfed Inc., the S&L based in Glendale, plans to sell its 3.5% stake in Viking Office Products Inc., a Los Angeles office products discounter, according to a filing with the Securities and Exchange Commission.
ARTICLES BY DATE
BUSINESS
August 15, 1998 | Bloomberg News
Viking Office Products Inc. agreed to settle a lawsuit by a shareholder who tried to block its proposed takeover by retail powerhouse Office Depot Inc. for about $2.7 billion in stock. The suit filed by Thaddeus Szymczak had sought class-action status on behalf of all shareholders, arguing that the largest catalog seller of office products failed to conduct a truly independent appraisal of the company's value and wasn't getting enough money for shareholders.
Advertisement
BUSINESS
August 15, 1998 | Bloomberg News
Viking Office Products Inc. agreed to settle a lawsuit by a shareholder who tried to block its proposed takeover by retail powerhouse Office Depot Inc. for about $2.7 billion in stock. The suit filed by Thaddeus Szymczak had sought class-action status on behalf of all shareholders, arguing that the largest catalog seller of office products failed to conduct a truly independent appraisal of the company's value and wasn't getting enough money for shareholders.
BUSINESS
April 30, 1991
Glenfed Capital, a subsidiary of Glenfed Inc., the S&L based in Glendale, plans to sell its 3.5% stake in Viking Office Products Inc., a Los Angeles office products discounter, according to a filing with the Securities and Exchange Commission.
BUSINESS
July 19, 2000 | Bloomberg News
* Office Depot Inc. said it named Bruce Nelson chief executive, replacing David Fuente, as the biggest U.S. office-supply retailer aims to increase sales and profit and boost its share price. Nelson, 55, was president of Office Depot's international business and led its Viking office-products unit since the company acquired Viking Office Products Inc. in 1998. Fuente will remain as nonexecutive chairman. Office Depot's shares have fallen more than 66% in the last year.
BUSINESS
April 9, 1997 | (Bloomberg News)
Viking Office Products Inc. said the rising dollar and falling paper prices will result in lower-than-expected earnings for its fiscal third quarter. The company's shares lost almost a third of their value after the announcement. The catalog retailer, which sells office supplies to small and mid-size businesses, also said sales growth is slowing in Europe. Viking has focused its recent expansion overseas, which now accounts for about 60% of sales.
BUSINESS
January 24, 2006 | Roger Vincent, Times Staff Writer
Herbalife Ltd. is moving its Americas headquarters operations to Torrance from Inglewood this summer, the company announced Monday. About 600 employees of the nutritional supplements and weight management products company will move into an 186,000-square-foot office building at 950 W. 190th St., company spokesman George Fischer said. The building will be renamed Herbalife Plaza. Most of the employees will move from 9800 La Cienega Blvd.
BUSINESS
April 28, 1992
Companies ranked by percent gain in stock price. % Change 4/10/92 4/12/91 Stock Stock Stock Rank Company Price Price Price 1 Merisel Inc. 350.0 12.38 2.75 2 Informix Corp. 286.7 29.00 7.50 3 Am. Shared Hospital Service 205.9 6.50 2.13 4 Adaptec Inc. 163.9 16.00 6.06 5 Cisco Systems Inc. 163.2 37.50 14.25 6 GTI Corp. 157.1 11.25 4.38 7 Advanced Marketing Services 155.6 5.75 2.25 8 ICN Pharmaceuticals Inc. 154.5 14.00 5.50 9 Software Toolworks Inc. 145.0 6.13 2.
BUSINESS
May 19, 1998 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Hoping to gain a stronger retail presence internationally, Office Depot Inc., the world's largest seller of office products, said Monday it agreed to buy Torrance-based Viking Office Products Inc. for $2.6 billion in stock. The one-for-one stock swap deal would give Viking, the world leader in catalog sales of office products, the benefit of Office Depot's buying power in the United States. Viking brings to the table an extensive sales network in Europe, which accounts for two-thirds of its $1.
BUSINESS
April 28, 1992 | GEORGE WHITE, TIMES STAFF WRITER
Consider the overweight marathoner who has just performed poorly in a race. Faced with an even more arduous course in the future, a determined athlete would slim down to prepare. That's just what many of Los Angeles County's largest companies began doing in 1990 when faced with the onset of recession. Thus, although the recession deepened in 1991--making the run even more difficult--more county firms were better prepared for the financial race. The results were remarkable.
BUSINESS
May 6, 1997
Companies with at least $50 million in sales revenue and $25 million in shareholder equity are ranked by income as a percentage of average equity, over two years. '96 rank: 1 '95 rank: -- Company: Alliance Imaging Inc. '96 sales ($ millions): $68 '96 net income ($ millions): $13 '95 return on avg. equity: 311% '96 return on avg. equity: 867% 2-year avg. return on equity: 589% * '96 rank: 2 '95 rank: -- Company: Guess Inc.
Los Angeles Times Articles
|