Claire's Stores holds stake totaling 11.8% in retailer Gadzooks

Article Abstract:

Claire's Stores Inc. announced that it now has a 11.8% share of Gadzooks Inc. Glenn Canary, a spokesman for Claire's, said that the company sees its share as a good investment. Claire's specializes in women's fashion accessories and runs approximately 1,900 stores. Gadzooks, which is based in Texas, has approximately 35 stores. Claire's currently holds 1,042,000 common shares in Gadzooks and plans to acquire more.

Company Planning/Goals, Jewelry Stores, Family Clothing Stores, Claire's Stores Inc., Clothing stores, Article, Gadzooks Inc.

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Corning plans to buy rest of IntelliSense in $500 million deal

Article Abstract:

Corning Inc. will buy the remaining 67% it does not yet own in IntelliSense Corp., a microelectro-mechanical systems software company, for $500 million.

Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, STONE, CLAY, AND GLASS PRODUCTS, Glass Products, Glass and Glass Product Manufacturing, Communications equipment, not elsewhere classified, Fiber optic networks, Corning Inc., GLW, Glass, IntelliSense Corp.

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Disney shutters its Web-based toy retailer

Article Abstract:

Walt Disney Co. Is closing Toysmart Inc., an online toy retailer it acquired just 9 months ago, due to low sales.

Diversified Companies, Walt Disney Co., DIS, Toysmart Inc.

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