The Grupe Co. of Stockton, one of the nation's largest housing builders, has announced its entry into the Southland market that will involve construction of more than 1,000 condominium rental units in five locations.
Gardena For more than four decades, the city's gamble with card clubs proved profitable.
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Westside Bancorporation, parent company of Westside Federal Savings & Loan Assn., said Wednesday that it lost $45.7 million in the fiscal year ended June 30, giving the corporation a negative net worth of $29.5 million.
Christmas bills looked worse than usual last week to about 5,000 customers of Valley Federal Savings and Loan who mistakenly received notices that their Visa credit card payments were late.
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L. A. Baptist and Marshall Fundamental played to a 1-1 tie in Alpha League boy's soccer Tuesday.
A man suspected of the gunpoint robbery of $1,000 from a Sherman Oaks savings and loan Friday was captured after hiding in a residential neighborhood for more than two hours, Los Angeles police said.
John L. Kinal has joined American Independent Laboratories Inc. as a senior materials engineer.
An 18-year-old inmate, awaiting trial on robbery charges, was found dead in a five-man cell at Los Angeles County Central Jail on Thursday, sheriff's deputies said.
The Alhambra-based savings institution said it has agreed to allow a New York investment firm, Greenfield Partners, to proceed with its previously announced $10-million recapitalization plan that will give Greenfield 60% ownership in the savings and loan.
Lincoln Savings & Loan Assn. reported that its net income for the second quarter fell more than 50% to $11.9 million from $24.1 million in the same quarter last year.
The 60-attorney Morgan, Lewis & Bockius law firm will relocate its offices to the Chase Plaza, having signed a 15-year lease for 64,000 square feet, valued at $30 million, with options for an additional 60,000 square feet.
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The Los Angeles Philharmonic is among the 157 symphony and chamber orchestras and auxiliary organizations that received matching grants totaling more than $9.3 million from the National Endowment for the Arts on Monday.
Irvine-based American Savings & Loan Assn. suffered a net outflow of deposits of about $30 million, about the same rate as on Tuesday, according to officials of the Stockton-based thrift's parent company, Financial Corp. of America.
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Charles L. "Chuck" Citron has been appointed to director of production management at Systech Corp.