89.3 F
San Fernando
Tuesday, Jun 6, 2023

Calabasas Companies Tumble in Down Dow

The high-flying Dow hit a bump Thursday, finishing the day down 119 points. The worst losses among Los Angeles-area companies were centered on Calabasas companies: Countrywide Financial Corp. (-3.9 percent), Ryland Homes (-4.2 percent) and video game maker THQ (-6.1 percent). The one bright spot locally was Woodland Hills-based 21st Century Insurance, where the price increased 26.2 percent on news that insurance giant and majority owner AIG wants to buy the remaining share of the company.

Featured Articles

Related Articles