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AMR Corp. said its directors has approved...

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AMR Corp. said its directors has approved the acquisition of Wings West Airlines by an AMR subsidiary, subject to the satisfactory resolution of certain issues . . . Industrial Equity (Pacific) Ltd., the Hong Kong investment firm controlled by New Zealand financier Ronald A. Brierley, has agreed to postpone its plan to acquire Los Angeles-based CalMat Co. for 30 days . . . The Investment Company Institute reported that the assets of the nation’s 421 money market mutual funds fell $850.6 million to $273.93 billion in the week ended April 20 . . . Armtek Corp.’s board approved the previously reported sale of its Armstrong Tire Co. subsidiary to Italy’s Pirelli Group for $190 million . . . An investor group led by Robert M. Cohen of Huntington, N.Y., has raised its interest in RCM Technologies Inc.’s common stock to 6.05%, or 618,175 shares, according to a filing with the Securities and Exchange Commission. RCM is a personnel supply firm based in Los Angeles . . . Initials Plus Inc., San Francisco, announced that discussions with Hosiery Corp. of America for an investment by HCA in Initials Plus have been terminated.

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