Stories for August 2005

Wednesday, August 31

Vivid Launches Internet Marketing Campaign

The adult entertainment company will allow visitors to Collider.com pick the winners of football games alongside the "Vivid girls."

Burbank Changing Bus Service Name

The City of Burbank is changing the name of its public transit program and adding two new shuttle routes.

Tuesday, August 30

Water Damage Franchise to Open in the Valley

1-800-Water Damage, which has 80 locations across the country, has signed a franchise development deal with a local auto sales manager.

Advanced Protonix Wins $1 Million Missile Program Contract

A one-year contract in support of the TOW Missile Program will begin in the third quarter of 2006.

Monday, August 29

Pierce Course Will Help Valley Manufacturers in Hiring

In an attempt to improve the quality of the Valley's manufacturing labor pool, Pierce College will begin offering metalworking skills courses and certification.

Brothers' Magazine Firm Grows

Two Calabasas brothers grow their international magazine geared to Generation Y.

Double Digit Earnings Growth at Firms

Valley public companies post double digit earnings increases for quarter.

Authors to Relates Stories of Business Success Under Pressure

Authors to give highlights from their book on how to succeed in business under fire.

Record Order for Firm

Electronic Sensor Technology has reached a deal to sell more than $3 million in sensor devices to a New Jersey company.

Valley Congressmen Put Priority on Transportation Funds

Congressmen Howard Berman and Brad Sherman use their congressional break to tout transportation projects in the Valley.

HealthAllies to Offer Jenny Craig Discounts

Members of the Glendale company will discounts between 20 and 50 percent on the popular weight loss products.

Medical Device Companies Flourish

Valley finds niche in medical device industry.

Despite Assets, Valley Cluster Slow to Develop

L.A. and the Valley failing to draw sizable cluster of biotech firms.

Taking Care of Business at School

New dean Andre Van Niekerk plans to raise the profile of Woodbury University's business school.

ABC and Proteus Announce Mobile Content Deal

Viewers will be able to add content from ABC's daytime soaps to mobile phones.

Company to Act as Incubator for Japanese Firms

A wealthy businessman has formed a locally based investment group to help Japanese companies gain access to U.S. financial markets.

Baby Boom Spawning Upsurge in Childrens' Retailers

Shelly Garcia reports on the growth of childrens' retailers catering to the

Biotech Giant Banking on New Class of Drugs

The next few years could be pivotal for Thousand Oaks-based Amgen, the world's largest biotech company.

Local Firm, Movie Moguls Hot on New 3-D Technology

An Agoura Hills firm has developed new 3-D technology that has captured the fancy of famous Hollywood movie directors.

Chatsworth Company Honored by NASA

A small Chatsworth firm has been honored by NASA's Jet Propulsion Laboratory

Conejo Market Recuperates With Fury of Transactions

Shelly Garcia reports that the once soft Conejo Valley commercia market is recuperating.

Meeting to Focus on Women in the Workplace

A networking group will sponsor a conference focusing on women in the workplace.

Wednesday, August 24

Blue Cross Foundation Partners with Give the Gift of Sight Foundation

Blue Cross of California employees donated more than 550 pairs of glasses to the cause.

Tuesday, August 23

Cal Lutheran Receives Record Gift

A $5 million gift will go to the construction of a president's residence and other campus enhancements.

Monday, August 22

Crown Media Might Sell

The company's board has formed a committee of independent directors to explore the idea.

Disney Updates Corporate Governance Guidelines

Walt Disney's Board of Directors has amended its rules regarding board member resignations.

Wednesday, August 17

RPMC Tapped by Hard Rock Caf & #233;

The Calabasas travel marketing company has been retained to handle travel services for the opening of the Hard Rock Cafe on Times Square.

Public Storage Still Seeking Shurgard

The company has retained investment advisor Goldman, Sachs & Co. to assist with efforts to buy Shurgard.

Providence Holy Cross to Break Ground On Emergency Department Expansion

The expansion will double the size of the emergency department from 16 beds to 34 beds.

Tuesday, August 16

Warner Sets Deal With Taubman

Warner Bros. Consumer Products will provide Looney Tunes-themed play areas for children in Taubman shopping centers.

Monday, August 15

Aerospace Logs Good Business

Despite recent published reports of the possibility of defense cuts that could affect the Valley-area workforce, local aerospace companies are not rattled.

Dealers Say They Already Meet Standards of New Law

Despite all the fanfare, the passage of AB 68, the so-called Car Buyers Bill of Rights, has barely registered among local auto dealers.

Program Aids Need for Health Care Translators

Program fills growing need for hospital translators

A Younger View of Doing Business in the Valley

Younger professionals give advice on Valley business and how to fit in with the older crowd.

Traffic Woes Take Center Stage at City Meeting

Traffic and planning department concerns take center stage as elected Los Angeles city officials meet with Valley business leaders

Working to Keep the Young Content

With baby boomer workers expected to stay at their jobs longer before retirement, firms must face the challenge of keeping younger employees happy.

Local NAI Division Speaks Language of Real Estate

Senior Reporter Shelly Garcia writes about the new unit of Encino-based NAI Capital designed to help investors for across Asia and the Middle East navigate the U.S. real estate market.

Third Annual 40 Under 40 Award Winners

Profiles of 40 young business professionals to watch in the greater Valley area.

Natrol Sees Sales Plummet

The company's diminishing fortunes are a result of Carb Intercept's sharp drop in sales, according to Natrol's president.

Salem Communications Buys Two Florida Radio Stations

Salem paid $9.5 million for 2 AM radio stations, and will change both into news-talk formats.

A New Generation

Contrary to popular opinion, young people are not always valued in the entertainment industry.

21st Century's Reliance on West Ending

Over the last year, 21st Century Insurance Group has been making big strides in its efforts to expand its customer base from California and other Western States.

Tuesday, August 9

Ron Kaye Named Daily News Editor

Kaye takes over following predecessor David Butler's move to the helm of the Detroit News.

Monday, August 8

Homestore Lands in the Black for Second Quarter

The Westlake Village company turned its largest profit in three years this past quarter.

American Realty Buys in Nevada

The property consists of 11 buildings anchored by Food 4 Less.

CLU Adds a Business Course for Non-Profits

The certificate course will focus on marketing and fundraising for non-profit organizations.

Wednesday, August 3

Small Businesses Seen Faltering

Small businesses in California grew at a meager 0.3 percent rate in the first half of the year, down from last year's 8.4 percent.

MannKind Announces $175 Million in Private Financing

Company founder Alfred E. Mann will invest $87.5 million in the private placement.

Tuesday, August 2

Amgen Agrees to Direct-To-Consumer Ad Principles

Amgen will now begin pre-clearing through the Food and Drug Administration all new direct-to-consumer ad campaigns and developing physician education programs for new drugs.

Bank of Santa Clarita Gets OK for Offering

The bank is looking for another $7 million for further expansion.

Washington Mutual to Open New Valley Branch

The new branch will open later this year in the Sherman Sepulveda Shopping Center.

Monday, August 1

Mayor Villaraigosa Names More Senior Staff Members

Villaraigosa announced the appointments of four deputy mayors and a director.

3D Systems Shows Improved Second Quarter

An increase in revenues led to a net income of $900,000 in the second quarter, compared with a $1.2 million loss last year.

Internet Outsourcing Firm Buys IDS

Internet financial outsourcing firm Online Resources Corp. has purchased Woodland Hills-based software development company Integrated Data Systems.

City Web Site Provides Instant Access to Properties

Senior Reporter Shelly Garcia writes about a City of Simi Valley Web site that offers a sort of one-stop shop for searching available properties in the city.

First State Bank Changes Its Name

First State Bank in Granada Hills has changed its name to First Private Bank & Trust.

Partnership Helps Banking Firm Combat Online Scams

Internet "phishing" scams prompt online banking firm Digital Insight Corp. to partner with anti-fraud solutions company.

Strong Economy Helping Boost Banks' Performance

Roundup of bank earnings.

Employee Assistance Organization Reforms

The local chapter of the Employee Assistance Professionals re-emerges.

California Supreme Court Broadens Sexual Harassment

Attorney Sue Bendavid-Arbiv discusses the broadening of the definition of sexual harassment by the California Supreme Court.

SnoreStop Launches New Ad Campaign

SnoreStop launches another "forehead" advertising campaign.

Purchase Will Broaden Ixia's Line of Products

Network testing firm Ixia's purchase of Santa Barbara-based Communications Machinery Corp. is expected to boost the company's product line.

Apartment Occupancy Rates, Rents Rising

Valley apartment occupancy rates and rents rise.

Unsolicited Offer Sends Shurgard Shares Soaring

A bid from Public Storage Inc. sent Shurgard's stock price up by $6.10.

Fast Starter

David Rainer, President and CEO of California United Bank.

Regulations Put Grip on Banks

Several new regulations, in part related to terrorism concerns, are causing headaches for bankers.

Grant Thornton Plans Return Engagement

Grant Thornton LLP in September will open a San Fernando Valley office after a six-year absence from the market.

Film Purchase a Big Step for Small Latino Company

Fledgling Sherman Oaks Latino film firm makes major purchase.

Sleep Lab Comfortable With Strategy; Plans IPO

Encino-based sleep laboratory which partners with motel chains and plans IPO.

Law's Expiration Causes Insurance Worries

The possible expiration of the Terrorism Risk Insurance Act causes worries for property owners.

Keep Economic Focus, Leaders Tell Villaraigosa

Valley business leaders tell what they want from Mayor Antonio Villaraigosa.

Right Place, Right Time

James Hicken, president and CEO of Bank of Santa Clarita

Collection Agency

Jonathan Manhann is a modern-day junk dealer who stays on the cutting edge of the business by dealing in used electronics equipment and keeping up with trends.

Hospitals Take Closer Look at Security of Food Supply

Hospitals take closer look at security of food supply in era of terrorism.