Angeles Corp.: The Los Angeles-based investment management...

Angeles Corp.: The Los Angeles-based investment management company said net income for fiscal 1989 was $519,000, contrasted with a $1.5-million loss in fiscal 1988. Revenue rose 9.3% to $38.9 million. The firm said 1989 earnings included a $318,000 extraordinary credit from tax-loss carry-forwards and reflected companywide cost cuts.