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IN BRIEF.(TO THE POINT)

Investor's Business Daily

| December 01, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Napco Security Systems surged 8% to 16.05 after the electronic security equipment company announced a 3-for-2 stock split scheduled for Dec. 28.

Matsushita Electric Industrial, one of the world's largest consumer electronics manufacturers, will close its Germany and Ohio sites that make display units for TVs. The German plant closing will cost 606 jobs, while Ohio's will cost 727. Shares fell 2.5% to 20.18.

Reinsurer PartnerRe said its Q4 results would be hurt by $62 mil in unexpected damage claims related to Hurricanes Katrina and Rita in the U.S., as well as floods in central Europe. The insurer now expects these claims to total about $677 ...

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