Michael Lesher, sales director at surf-wear maker Hurley
International, said Thursday he resigned from the Costa Mesa company for
personal reasons.
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Oakley Inc., the Foothill Ranch maker of sunglasses, apparel and
accessories, reported a fourth-quarter net loss of $2.5 million, or 4
cents a share, which included a charge of $8.2 million from the
restructuring of its footwear operations.
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A shareholder lawsuit tied to the management-led buyout of St.
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Donahue Schriber is buying a 47-acre parcel in Scottsdale, Ariz.,
where it will build a shopping center with the help of Koll Development Co.
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Nasdaq market officials halted trading in Trimedyne Inc.
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