Stories for December 2002
Monday, December 23
Technicolor Digital Cinema, one of only two digital movie projection and equipment makers in the U.S., has decided to stop marketing its equipment and developing new technology until Hollywood's top film studios agree on a standard for digital filmmaking.
A large office property in Warner Center has been sold to developers who intend to redevelop a portion of the parcel for residential use.
When the developers of a new home community in Sylmar chose a location near a Metrolink station, they hoped that homebuyers would leave their cars home and help relieve freeway congestion.
2002: Year In Review; A weak stock market and low interest rates conspired to make 2002 a banner year for commercial property sales.
For the last two years, the mortgage business has been the goose that laid the golden egg for Countrywide Financial Corp.
It may have been a bad year for the economy, but business goes on and, with that in mind, the San Fernando Valley Business Journal wants to know: What did you do in 2002 to limit the impact of an economic downturn on your business?
THE BOSS' MANAGEMENT STRATEGY: These can be challenging times for those in the banking industry. In the current economy, few companies consider themselves to be in growth modes, consequently they have less need to borrow money.
Monday, December 9
American Media Inc. bought Woodland Hills-based Weider Publications, owner of Shape and Men's Fitness magazines, for $350 million.
Pending lawsuits coupled with anticipated standing-room-only crowds threaten to delay a vote Dec. 10 by the Ventura County Board of Supervisors on whether to approve plans for the beleaguered 3,050-home development proposal known as Ahmanson Ranch.
Small business. The backbone of the San Fernando Valley economy. And, a significant number of small companies based here happen to cater to what has grown quietly into a multi-billion-dollar industry: pet care.
As predicted, the recent round of closures at three L.A. County-run health clinics in the San Fernando Valley has brought thousands of low-income patients to the doorstep of Valley Community Clinic
'Tis the season to... spend countless hours at the malls shopping for the perfect gift! With that in mind, the San Fernando Valley Business Journal wants to know: What are the hottest gifts on your shopping list in 2002? And where do you go to find them?
With stock prices depressed and interest rates low, more and more companies are turning to stock repurchase programs to invest cash, boost earnings or both.