Data Design Laboratories increased its quarterly common...

Data Design Laboratories increased its quarterly common stock dividend to 6 cents per share from 5 cents per share, payable July 9 to shareholders of record on June 21 . . . A Superior Court hearing in Sacramento on Nationwide Mutual Insurance’s proposed acquisition of troubled Cal-Farm Insurance, an affiliate of the California Farm Bureau federation, was postponed until June 4 . . . McKesson reported that its beverage group’s headquarters will be moved to the corporate office in San Francisco from New York. The move will be completed in early September . . . Lotus Development reported that it has shipped its Jazz business software program to authorized Lotus dealers . . . Dow Chemical said it plans to purchase Minneapolis-based FilmTec Corp. for about $75 million. FilmTec makes membranes used in water purification and other applications . . . The American Iron and Steel Institute reported that steel production for the week ended May 25 totaled 1.813 million tons, up 0.7% from the previous week.