Business Briefs: Big 5, Warner Bros., UTI Worldwide, Ultimate Chopper

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– Big 5 Sporting Goods Corp.

said Nasdaq agreed to continue listing its stock since the company filed its 2004 annual report two days ago. But the El Segundo-based sports retailer could still face being delisted if it doesn’t file its first and second quarter reports by Sept. 30, Nasdaq’s amended deadline and final extension. Big 5 said Thursday that the Nasdaq Listing Qualifications Panel denied a request for an additional extension to file the restatements of those quarters. The company said “there can be no assurance [it] will be able to file the quarterly reports by the Sept. 30 deadline.” Nasdaq originally granted Big 5 a filing extension to Aug. 31, but the company missed the deadline.



– Warner Bros.

named Bruce Rosenblum president of the newly formed Warner Bros. Television Group, which will oversee the studio’s TV production and distribution units in the U.S. and overseas, and will be responsible for the operations of The WB broadcast network. Rosenblum, who came to Burbank-based Warner Bros. in 1989 when it acquired Lorimar Telepictures, has been executive vice president at the studio since 1999. The new group plans to better coordinate the work among the various divisions and to exploit new markets internationally.



– UTI Worldwide Inc.

, a Rancho Dominguez-based air and ocean freight forwarding company, reported net income of $22.3 million (69 cents per diluted share) for the second quarter ended July 31, compared with $16.2 million (51 cents) for the like period a year ago. Revenues rose to $686.2 million from $540.4 million in the year-ago period.





Nearly 1.5 million Ultimate Chopper food processors distributed by L.A.-based

Ultimate Chopper LLC

are being recalled because the lids can malfunction and expose users to dangers, the U.S. Consumer Product Safety Commission said. Ultimate Chopper received 17 reports of people being injured when the interlocking lids failed or the blade assembly broke, the government agency said. The machines, manufactured in China, were sold between March 2002 and July 2005 through television infomercials, the company’s Internet site as well as other retailers for about $40.

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