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Times Staff and Wire Reports

A hearing in federal court in Las Vegas is set for today on motions filed by Beverly Hills-based Hilton Hotels Corp. in connection with its $10.5-billion hostile takeover bid for ITT Corp. Hilton filed motions for two preliminary injunctions that seek to prevent ITT from amending its corporate bylaws or increasing the size of its board to fend off its offer. . . . West Covina-based SGV Bancorp Inc. said its wholly owned subsidiary, First Federal Savings & Loan, has completed the purchase of Highland Federal Bank’s Duarte branch and its $20 million in deposits. . . . St. Louis-based Harbour Group said its Matthew-Warren subsidiary has acquired Los Angeles-based Century Spring Corp. for undisclosed terms. . . . Kushwood Manufacturing, a maker of oak furniture based in Buena Park, has decided not to relocate outside California and will move its headquarters to Ontario.

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