because of higher interest, advertising and other expenses and a smaller gain from a tax-loss carry-forward, the company said Thursday.
Coming off a year in which it suffered its worst loss, Viejo Bancorp and its wholly owned subsidiary, Mission Viejo National Bank, posted a net income of $87,000 for the first quarter ended March 31, compared with a loss of $331,600 for the same quarter last year.
Elementary and junior high students in the Compton Unified School District posted statewide test scores last spring that show they are continuing to improve their basic reading, writing and mathematics skills.
AirCal said that revenue passenger miles in September rose 35% to 194.2 million from 144 million a year earlier.
My Uncle Harold called last night. "What's going on in Washington," he wanted to know.
Ventura County Supervisor Ed Jones, fighting to overcome the shadow of a vice arrest, was trailing Thousand Oaks Councilwoman Madge Schaefer in partial returns from Tuesday's election.
About 18,000 firefighters gained ground against lightning-sparked blazes that have burned nearly 400,000 acres of forest and grazing land in the West.
Despite vigorous Republican efforts to gain ground in the state legislatures, Democrats took
State and federal officials hope that a tough demonstration project recently implemented in California will push refugee newcomers toward self-sufficiency and keep them off welfare and out of the underground economy.
Drewry Photocolor Corp., based in Burbank, reported third-quarter profit of $27,437, or 5 cents a share, for the period ending Jan. 24, contrasted with a loss of $138,285 for the same period a year earlier.
A New York investor will acquire control of Western Union for $25 million in cash and combine it with an international telex operation he will buy from ITT Corp., it was announced Thursday.
American factories, mines and utilities operated at 79.3% of capacity in November, the first improvement in that level since July, the government said Tuesday.
Irvine City Financial, the holding company for Irvine City Savings & Loan Assn., reported net income of $194,836 for its second fiscal quarter, ended Dec. 31, a slight increase over the $191,541 earned in the same quarter the previous year.
TransWorld Bancorp posted fourth-quarter earnings of $256,000, up 6% from $241,000 in the 1985 fourth quarter.
Crediting its recent reorganization and consolidation, Computer Automation Inc., an Irvine electronics manufacturer, reported fiscal second-quarter net income of $308,000, a dramatic improvement over the $2.2 million loss in the previous year.
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