DONE DEALS

Van Nuys-based Cherokee Inc. (CHKE) said its client Camp Beverly Hills LLC, has
entered into an exclusive international license agreement with Ruppert BV of The Netherlands. The territory covers Belgium, Luxembourg, The Netherlands, Germany and The United Kingdom. Detailed terms of the multi-year agreement were not disclosed, but it includes a wide range of men's, women's and children's apparel categories.

NEW STORE
Calabasas-based The Cheesecake Factory Inc. (CAKE) said today announced it opened its 109th store at the Colonie Center Mall in Albany, New York on August 29, 2006. The restaurant contains approximately 10,800 square feet and 300 seats.

DISNEY PROMOTION
Burbank-based The Walt Disney Co. has named Joe Schott Vice President and
Executive Managing Director, Walt Disney Attractions Japan and
Disneyland International. He's a 25-year veteran of the company.

DIGITAL DEAL
El Segundo-based DIRECTV Inc. boasts its achieved universal dominance
in live music television with a series of recently added international
distribution deals for its original weekly concert series, CD USA. The original program has featured performances by Kelly Clarkson, The Goo Goo Dolls, Jewel, Ashlee Simpson and the Pussycat Dolls, among other top acts, since its January debut.
DIRECTV, in association with Blaze Television, will expand the CD USA
brand through News Corp.'s international offerings.

MORE HOUSING SLUMBER
Home buying activity continues to weaken, according to the latest survey released Wednesday by the Washington, D.C.-based Mortgage Bankers Association.

For the week ending Aug. 25 it's index that tracks loan application volume fell 2.3 percent from the prior week and off 22.4 percent from the year-ago period.

The seasonally-adjusted Purchase Index decreased by 1.6 percent from the previous week and the Refinance Index increased slightly to 1609.2 from 1608.5.

The PI is now at its lowest level since November 2003.

The association said that the refinance share of mortgage activity increased to 41.5 percent of total applications from 40.6 percent the previous week. The adjustable-rate mortgage share of activity increased to 26.8 percent of total applications from 26.4 percent the previous week.

The average interest rate for 30-year fixed-rate mortgages increased to 6.39 percent from 6.38 percent, with points increasing to 1.03 from 0.98 (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans.

And the average rate for 15-year fixed-rate mortgages increased to 6.06 percent from 6.04 percent, with points decreasing to 1.06 from 1.12 (including the origination fee) for 80 percent LTV loans.

The average one-year ARM rate increased to 5.97 percent from 5.91 percent, with points increasing to 0.91 from 0.82 (including the origination fee) for 80 percent LTV loans.

The MBA survey covers about 50 percent of all the nation's retail residential mortgage originations.