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Shares of Power-One Inc. soared 57 percent on Monday after Swiss industrial giant ABB Ltd. said it signed a deal to buy the Camarillo power-conversion technology company for roughly $1 billion.
APPAREL: Litigious Guess co-founder fights bankruptcy.
Failure to button up his litigious behavior might cost Guess Jeans co-founder Georges Marciano much of his fortune.
La Brea Bakery giving away hometown trip in grilled-cheese contest.
La Brea Bakery seeks to get a rise out of customers with a grilled-cheese sandwich promotion.
TELECOM: Ixia shares fall after company reduces first quarter guidance.
Ixia’s stock drops as phone companies dial back their spending.
Shares of Virco Mfg. Corp. fell almost 13 percent on Friday after the institutional furniture maker reported a larger quarterly loss and warned of continuing volatility and weaker demand in its core K-12 public school market.
Cherokee Inc. said that it had delaying filing of its annual report due to unspecified financial reporting issues that occurred before its new chief financial officer started.
Shares of Mattel Inc. rose on Wednesday after the company reported net a sharp increase in net income, boosted by increased sales of its American Girl dolls.
Hollywood online service provider J2 Global Inc. said that it has acquired Dutch cloud storage firm Backup Connect BV.
After winning changes to a controversial recycling law, mattress manufacturers and retailers have dropped their opposition and allowed a compromise bill to clear a legislative hurdle on Wednesday.
Joe's Jeans Inc. on Monday moved from a profit to a loss in the first quarter on higher operating expenses.
DreamWorks Animation SKG Inc. said Thursday it has bought the Troll Doll brand from Denmark’s Dam family and plans to expand the franchise.
Reliance Steel & Aluminum Co. acquisition target Metals USA Holdings Corp. on Thursday said that its shareholders had approved the $766 million deal by an overwhelming margin.
An investment company controlled by Patrick Soon-Shiong has bought more than 3 million shares of Jakks Pacific Inc., increasing the Los Angeles billionaire’s stake in the Malibu toymaker from 9 percent to nearly 14 percent.
Ixia has restated financial results for fiscal years 2010, 2011 and the first three quarters of last year in order to correct errors in how it records revenue for its warranty and software maintenance contracts. The changes added more than $7.8 million total to net income.
L.A.’s Reliance Steel & Aluminum Co. announced a $2 billion financing deal for its acquisition of Metals USA Holding Corp.