The Press-Enterprise, Riverside, Calif., business briefs column. Check it out:
(Press-Enterprise, The (Riverside, CA) (KRT) Via Thomson Dialog NewsEdge) Sep. 26--INLAND -- RETAIL DEVELOPER PLANS INDIO SHOPPING CENTER: Florida-based Regency Centers, owner of 390 shopping centers nationwide, has bought 65.5 acres in Indio for an undisclosed price, according to a company press release.
Regency Centers plans to develop a 631,479-square -- foot Home Depot-anchored center on the land off Jackson Street near Interstate 10. Other tenants will include a grocery store, 24-Hour Fitness, Staples, Petco, Jack in the Box, McDonald's and PFF Bank.
The company is also building Jefferson Square in La Quinta.
--By Kimberly Pierceall
HANSEN NATURAL BOOSTS SHARE REPURCHASE PLAN: Hansen Natural Corp. said Monday that its board of directors increased its stock repurchase program from $50 million to $75 million, sending its stock price 5.5 percent higher on the Nasdaq.
The Corona-based beverage company already has bought back $27.7 million shares of stock under a repurchase program it announced in 2005. At the close of trading Monday, Hansen's stock price was $35.36 a share, up from $33.51 at Friday's close.
--By Leslie Berkman
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Copyright (c) 2006, The Press-Enterprise, Riverside, Calif.
Distributed by McClatchy-Tribune Business News.
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