Advertisement

Also

Share

* Tiffany & Co. said it would open a store in Pasadena next fall at Colorado Boulevard and De Lacey Avenue.

*

* Wet Seal Inc. said it would issue $56 million in securities to an investor group, rather than an initial $40 million in secured convertible notes followed by about $16 million in other notes over 12 months.

*

* 3Com Corp. said it would buy network security products maker TippingPoint Technologies Inc. for about $430 million.

Advertisement

*

* Motorola Inc. said it would reorganize its five businesses into four units, part of Chief Executive Ed Zander’s effort to get products on the market sooner. The groups will be personal devices, networks, government and enterprise, and connected home.

Advertisement