SOUTHLAND FOCUS

* Jerry’s Famous Deli Inc., the Studio City-based restaurant operator, announced a 1-for-3 reverse stock split as part of its efforts to continue being listed on the Nasdaq Small-Cap Market. As a result of the reverse split, each three shares of common stock, applicable to shareholders of record as of today, will be converted into one share, with cash paid in lieu of any fractional shares. The company’s stock will trade under the symbol DELICD. Jerry’s stock has lost 90% since hitting a high of $9.73 in August 1996. On Tuesday, it closed at 88 cents, down 9 cents.

* Cheesecake Factory Inc., the Calabasas-based restaurant operator, reported fourth-quarter net income of $7 million, or 33 cents per share, up from $3 million, or 13 cents, a year ago. Revenue rose to $95 million from $73 million. Same-store sales for the period increased 3.5% over the year-ago quarter.

* Sun Valley-based Flamemaster Corp., a maker of specialty chemicals such as sealants and adhesives, reported net fiscal first-quarter income of $140,774, or 9 cents per share, on revenue of $1 million. That compares with net income of $80,476, or 5 cents, on revenue of $860,147 in the year-ago period.

* Kilroy Realty Corp. of Los Angeles reported a fourth-quarter net income of $8.3 million, or 30 cents a share, down from $10.2 million, or 37 cents, a year earlier quarter. Revenue rose to $42.6 million from $39.3 million.

* UCLA’s Anderson School has formed a research center for Internet commerce and high-technology business. The Center for Management in the Information Economy will conduct applied research on all management aspects of electronic commerce and business, the school said.

* Anacomp Inc., a San Diego-based document-imaging company, hired investment bank Allen & Co. to help lift its lagging share price through a merger, management buyout or sale. Anacomp also canceled its share-buyback program. Anacomp’s shares had risen about 6% in the last year. Anacomp rose 56 cents to close at $18.19 on Nasdaq.