Lockheed FCU to donate to troops During...

Lockheed FCU to donate to troops

During the month of July, Lockheed Federal Credit Union will raise

money to send to U.S. service men and women, as well as hospitalized

veterans, prepaid calling cards.

Lockheed has partnered with Operation Uplink and Cell Phones for

Soldiers. The credit union is asking for cash donations from

employees, credit union members and the general public.

Based in Burbank, Lockheed Federal Credit Union has nine branches

in Southern California.

Donations can be mailed to: Operation Uplink c/o Lockheed Federal

Credit Union, 2340 Hollywood Way, Burbank, CA 90036.

For more information, call (818) 565-2520.

Disney ends negotiations to sell businesses

Walt Disney Co. ended negotiations to sell its Disney Store chain

in Europe.

Talks to sell the 105 stores were called off last week.

The company had announced in 2003 that it would sell both the

European and North American chains because of lackluster revenue and

profit growth.

Disney completed the sale of its U.S. and Canadian stores last

year to New Jersey-based Children’s Place Retail Stores Inc.

The company bought 313 stores in North America in November for

about $101 million.

Children’s Place also agreed to pay royalties to Disney on

merchandise sales, beginning two years after the close of the

transaction.