February 2, 2007 |
Cinemark Holdings Inc., which owns 392 cinemas in the U.S. and Latin America, filed to sell shares in an initial public offering valued at about $400 million and use the proceeds to pay back debt. The Plano, Texas, company plans to apply to list its shares on the New York Stock Exchange under the symbol CNK. The company was created in October when Cinemark Inc. bought Century Theatres Inc. of San Rafael, Calif., for about $681 million and assumed about $360 million in debt.
December 11, 1997 |
Barbie, who made news last month when Mattel Inc. announced plans to give the doll a more youthful face and a body make-over, is going brunet for the holidays. Barbie has been a brunet before, but this is the first time the 10-year-old Happy Holidays Barbie line will have darker hair. The company said collectors have embraced the holiday doll, pushing up prices for the 1988 version to as much as $795, up from its original price tag of $24.99.
January 1, 1988
Robert N. Miller, 59, president of Getty Oil Co. until 1984 when Texaco Inc. took over the company. An engineer with Getty since 1950, Miller left the company to join Skelly Oil Co. in Tulsa but rejoined his old Los Angeles-based employer when it absorbed the Oklahoma firm in 1977. After his retirement he moved to Texas and established his own businesses. In Bastrop, Tex., on Wednesday after what was described only as a "short illness."
December 1, 1993 |
Time-Warner Stockholders' Lawsuit Revived: A federal appeals court in New York reinstated a shareholder lawsuit over Time Warner Inc.'s method of reducing the $10-billion debt it assumed when Time Inc. and Warner Communications Inc. merged in 1989. A lower court had dismissed the suit as baseless in June, 1992.
February 9, 2007 |
The jockeying to bring the most popular names from TV and the Web to cellphones produced another exclusive deal Thursday with Verizon Wireless nabbing a multiyear agreement to offer ESPN's flashy feed of sports scores, newscasts and video highlights on the tiny screen. The plan to revive Mobile ESPN -- initially born as a full-blown cellphone company that would compete with big players such as Verizon before Burbank-based Walt Disney Co.
August 13, 1999 |
Stater Bros. Inc., which is nearly doubling its presence in Orange County by acquiring 14 Albertson's and Lucky supermarkets, will reopen three of them Saturday. They will be the first to reopen in Orange County under the Stater Bros. name since the Colton-based chain announced the deal in June. The stores were put on the block when Albertson's Inc. sought to gain regulatory approval to acquire Lucky's parent, American Stores Co., in a $9.8-billion deal.
March 31, 2010 |
Tensions ran high again Tuesday when Google Inc. blamed Chinese government censors for a temporary outage of its search engine in mainland China. Even as access to Google was restored, the public outcry over the interruption underscored the heightened sensitivity of Chinese Internet users who fear Beijing regulators will permanently block Google as retaliation for the company's recent defiant public stand against censorship in China. China's powerful filtering system, dubbed "the Great Firewall," has blocked other U.S. sites such as Facebook, Twitter and YouTube that ran afoul of government watchdogs.
June 25, 1987 |
In his first month as general manager at ratings-beleaguered KCBS-TV, Robert Hyland dumped the 7 p.m. newscast, replaced it with "The People's Court" and rehired one of the architects of last October's disastrous "news wheel" format--a format that lasted exactly three weeks. But Hyland maintains that he is committed to bringing back the KCBS golden era of tough, no-holds-barred, nuts-and-bolts hard news. Witness, he says, last month's local Nielsen sweeps derby.