Business Briefs: Capstone Turbine, Arden Group, Universal Games, Alexandria Real Estate, Disney

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& #8226; Capstone Turbine Corp.

, a Chatsworth-based microturbine manufacturer, reported a net loss of $10.9 million (13 cents per diluted share) for the first quarter ended June 30, compared with a loss of $10.5 million (13 cents) for the like period a year ago. Revenues rose to $3.8 million from $3 million in the year-ago period.



& #8226; Arden Group, Inc.

, the Compton-based parent company of Gelson’s Markets, reported net income of $4.5 million ($1.34 per diluted share) for the second quarter ended July 2, compared with $5.8 million ($1.70) for the like period a year ago. Revenues fell to $116.4 million from $119.9 million in the year-ago period.



& #8226; Vivendi Universal Games

signed an exclusive global agreement to produce games based on the spy novels of the late Robert Ludlum. Ludlum’s best-selling books have included “The Bourne Identity” and “The Bourne Supremacy,” both of which were adapted into successful Universal movies in recent years. The games unit will develop, publish and distribute games based on Ludlum’s series of books, including Bourne and Covert One.



& #8226; Alexandria Real Estate Equities, Inc.

was selected by the City of New York to develop Manhattan’s East River Science Park, a mixed-use campus designed for businesses in the commercial life sciences sector. The completed campus will comprise nearly 4.5 acres and more than 870,000 square feet. Groundbreaking is slated for 2006. Financial details of the arrangement were not disclosed.



& #8226; Walt Disney Co.’s ABC Television

network and “American Idol” judge Simon Cowell were accused in a lawsuit of stealing the premise for the show “Million Dollar Idea” from two friends and business partners who say they created it. According to a press release announcing the suit, ABC, Cowell and Freemantlemedia copied “Million Dollar Idea,” which was airing on more than 125 television stations, and marketed it as their own creation. Jean Golden and Todd Walker said in the statement that they previously had tried to sell the show to ABC.

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