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DreamWorks Shares Soar 38% at Opening
Times Staff WritersShares of DreamWorks Animation SKG made their Wall Street debut today to rave reviews from investors, who sent shares of the producer of "Shrek 2" and "Shark Tale" soaring at the opening bell. The stock of the Glendale, Calif.-based animation house began...Tags: David Geffen, Networking, Stock Market, Entertainment, DVDs
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Petroleum Supplies Boost Stocks
Times Staff WriterWall Street stocks rallied today after the nation's supply of petroleum grew larger than expected last week, triggering a sharp sell-off in crude oil futures. The Dow Jones industrial average closed above the 10,000 level after jumping more than 100...Tags: New York Mercantile Exchange, Inventories, Energy, Energy Saving, Petroleum Industry
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Storm Derails Commuters, Floods Roadways
Times Staff WritersSouthern California commuters found it slow going this morning as a strong Pacific storm swept through the region, flooding streets and freeway lanes, disrupting rail service and apparently leading to the death of one man. Commuters should face better...Tags: Weather Reports, Burbank (Los Angeles, California), Forests, Redlands (San Bernardino, California), Floods
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$17-Billion Anthem-Wellpoint Deal OKd
Times Staff WriterCalifornia Insurance Commissioner John Garamendi today dropped his opposition to Anthem's $17-billion acquisition of WellPoint Health Networks after the two health insurers pledged not to raise premiums to pay for the merger and boosted their financial...Tags: Medical Services, Stock Market, Healthcare Provider, NYSE Euronext, Inc., Finance
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Symantec Buys Veritas Software Corp. for $13.5 Billion
Times Staff WriterSymantec, Corp., one of the biggest players in computer and Internet security, today said it had agreed to purchase Veritas Software Corp. for $13.5 billion in stock. The Silicon Valley acquisition is the most recent in a string of takeovers and...Tags: Entertainment, Gaming, Mountain View (Santa Clara, California), Companies and Corporations, Corporate Officers
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Commuter Van Over the Side in Angeles Forest
Times Staff WritersA commuter van carrying employees from the Jet Propulsion Laboratory plunged down a steep mountain ravine in Angeles National Forest above La Caņada this morning, killing three people and leaving several others trapped in the vehicle, authorities said....Tags: Weather Statistics, Weather Reports, Employees, Palmdale, Fires
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Fed Board Expected to Raise Interest Rates
Times Staff WriterFederal Reserve policymakers as expected hiked interest rates another notch today as nation's central bank pursues a strategy to wean the economy off cheap money without stifling growth. The Fed's Federal Open Market Committee, headed by Fed Chairman...Tags: Prices, Alan Greenspan, Unrest, Conflicts and War, Credit Ratings, California
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Disney Settles SEC Complaint
Times Staff WriterWalt Disney Co. today settled government charges that it violated securities laws by failing to disclose business relationships and expenses involving current and former directors, including the employment of board members' relatives. The settlement...Tags: The Walt Disney Co., Burbank (Los Angeles, California), Career and Workplace, Securities, Business Trips
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Rival Firm Offers $1 Billion for Mondavi
Times Staff WritersConstellation Brands, one of the largest players in the wine business, today confirmed it has offered to buy legendary California winemaker Robert Mondavi Corp. for about $1 billion in cash. The acquisition would include Mondavi's landmark Oakville...Tags: Constellation Brands Incorporated, Auction Service, Stock Market, Napa Valley (Napa, California), NYSE Euronext, Inc.
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Kerry Attacks Bush Limits on Stem Cell Research
Times Staff WriterSen. John F. Kerry today denounced the Bush administration's limit on federal funding for stem cell research as "morally wrong and economically wrong," while the president took swipes at Kerry's healthcare proposals, denouncing them as "big government"...Tags: George W. Bush, Drugs and Medicines, Defense, Family, White House
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Economy Grows at 3.7% Annual Rate
Times Staff WriterThe nation's economy picked up speed in the third quarter as consumers spent more freely, but the growth rate reported by the government today fell short of projections. The Gross Domestic Product, the sum of all goods and services produced in the United...Tags: Prices, Consumers, White House, John Kerry, Economic Indicator
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Kmart Buying Sears in $11 Billion Deal
Times Staff WriterSears, Roebuck & Co. and Kmart Holding Corp. today announced that they had agreed to merge in an $11-billion deal as part of a bold bid to revive the fortunes of two of America's retail icons. The merged company, which would rank as the nation's third-...Tags: Stock Market, Consumer Goods Industries, NYSE Euronext, Inc., Companies and Corporations, Martha Stewart
Oct 28, 2004
|Story| Los Angeles Times
Oct 27, 2004
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Oct 20, 2004
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Nov 9, 2004
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Dec 16, 2004
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Dec 8, 2004
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Nov 10, 2004
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Dec 20, 2004
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Oct 19, 2004
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Oct 21, 2004
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Oct 29, 2004
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Nov 17, 2004
|Story| Los Angeles Times
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