Also
* Unocal Corp., based in El Segundo, forecast a return to profit and production growth during the next five years because of new projects in Southeast Asia and the Gulf of Mexico. Earnings will rise 8% to 11% a year until 2007, Unocal executives said.
* Antitrust enforcers at the Federal Trade Commission said they will not challenge a proposal by General Electric Co.’s NBC to buy Cablevision Systems Corp.’s Bravo cable TV network for $1.25 billion.
* Walnut Creek, Calif.-based Longs Drug Stores Corp. reported third-quarter net income of $3 million, or 8 cents a share, compared with $2.5 million, or 7 cents, in the year-earlier period. Sales increased 4.6% to $1.06 billion.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
