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Times Staff and Wire Reports

Los Angeles-based Cathay Bancorp Inc. said it has completed its acquisition of Los Angeles-based First Public Savings Bank. . . . Los Angeles-based Bell Industries Inc. named Gordon Graham president and chief operating officer to succeed Bruce M. Jaffe, who resigned due to policy differences. . . . Rancho Cordova-based Foundation Health Corp. revised its fiscal first-quarter earnings to $32.2 million, or 55 cents a share, from profit from continuing operations of $39.7 million, or 69 cents, in the year-earlier period. . . . Newark, Calif.-based Ross Stores Inc. reported record third-quarter earnings of $16.4 million, or 64 cents per share, compared with $7.9 million, or 32 cents, a year ago. . . . Oakland-based Cost Plus Inc. reported third-quarter net loss of $863,000, or 10 cents per share, compared with a net loss of $1.5 million, or 25 cents, a year ago. . . . Los Angeles-based MacNeal-Schwendler Corp. reported third-quarter net income of $2.3 million, or 17 cents per share, compared with $3.5 million, or 26 cents, a year ago.

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