Largest Private Cos. Here Saw Revenue Drop

Orange County Business Journal (May 11, 2009)

Author: Baird, Courtney
Vol: 32, Issue: 19
Permanent Link: http://vlex.com/vid/largest-private-here-saw-revenue-drop-67549862
Id. vLex: VLEX-67549862

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Summary:

For 2008, Pacific Life's revenue fell 26%, or more than $1 billion, by far the biggest decline by dollar amount on the list. Besides being hurt by the recession, Pacific Life's accounting practices require it to recognize investment losses in its revenue.

Headnotes:

Pension plans
Real estate companies
Oils & fats

Extract:

Largest Private Cos. Here Saw Revenue Drop

Orange County's 75 largest private companies saw a decline in revenue last year after five straight years of gains, according to this week's Business Journal list.

The drop came from big revenue slides at the two largest private companies here, as well as declines at the county's real estate and a...

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Largest Private Cos. Here Saw Revenue Drop

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