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Updated: 5/14/2008 3:23:16 PM
Sports Put $5 Billion Into L.A. Economy
The Southern California sporting events industry accounted for $5.1 billion in total economic impact during 2007, according to a study released by the Los Angeles Sports Council.
Six Flags Asks Bond Holders to Cash In
Six Flags Inc., the owner and operator of Six Flag Magic Mountain in Valencia, said Wednesday that it is seeking to exchange existing bonds at a discount to extend maturities and avoid defaulting.
Afternoon Briefs
Private Bank of California names CEO; FutureLogic and TransAct Technologies settle patenmt dispute; Easton-Bell Sports reports first quarter earnings.
Ports Expected to Keep Growing
Buoyed by an increase in exports, Los Angeles County will see moderate growth in international trade activity this year after a down year in 2007, according to a new study.
American Apparel Off on Dip in Q1 Profit
Shares in American Apparel Inc. dipped more than 10 percent Wednesday morning after the clothing retailer reported meek first quarter results.
Meruelo Maddux Declines On Q1 Loss
Shares in Meruelo Maddux Properties Inc., which had surged 30 percent early this week, declined a bit Wednesday after the large landowner in downtown Los Angeles reported a loss for the first quarter late Tuesday.
More Latest Local News...
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Schumer Pushes for Countrywide Probe
A Democratic lawmaker on Wednesday urged federal regulators to investigate alleged mistreatment by Countrywide Financial Corp. of homeowners in bankruptcy. |
ATRA, Studios Close in on Deal
AFTRA and the majors have kept their primetime contract negotiations under the radar while the Screen Actors Guild still waits in the wings. |
Malone, Diller Shake Hands
Liberty Media and IAC/InterActiveCorp said on Tuesday that they had settled their differences, paving the way for the division of IAC into five companies. |
Malibu to Ban Plastic Bags
An ordinance unanimously adopted by Malibu's City Council this week will soon make plastic bags a thing of the past among its 13,000 residents and four supermarkets. |
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66.20
