Stories for November 2005
Wednesday, November 30
Chatsworth-based publishing firm, 101communications has announced that Application Development Trends magazine will be renamed Application Trends, effective January 1, 2006.
Tuesday, November 29
Colliers Macaulay Nicolls Inc., the largest member of the Colliers International global network of commercial real estate brokerage companies, has acquired a controlling interest in Colliers Seeley, the network's Southern California-based brokerage.
Monday, November 28
After rebuffing its offers to discuss a merger several times over, Shurgard Storage Centers Inc. has agreed to allow Public Storage Inc. to participate with it as the company explores strategic alternatives, including a possible merger with Public Storage
Zenith National Insurance Corp. has filed with the California Department of Insurance to reduce its worker's compensation rates in California some time on or after January 1 of 2006. The rates will be an average of 13.1 percent lower than rates in effect
Monday, November 21
Power-One Inc.'s future coudl hinge on a lawsuit it has filed against a competitor.
Sexual Discrimination issues have morhped into the oddest of situations.
Reporter Jeff Weiss tells how Technicolor is one of the leaders in the rollout of digital cinema systems.
In another blow to the greater Valley area, Valencia-based 3D Systems Corp. announced it is moving to South Carolina.
Leaders from business, academia and the community meet to come up with strategies on how to fight problems in education.
A New York entrepreneur is test marketing a new shoe store concept imported from Europe in Westfield's Topanga shopping center this holiday season.
A Valencia firm has a new take on the production of infomercial-related shows.
Leaders at three local tech-related forms talk about building a successful senior management team.
Black Meetings & Tourism, a bi-monthly trade publication, was awarded the first annual Small Business of the Year award by the Regional Black Chamber of Commerce of the San Fernando Valley.
The Alliance of Neighborhood Councils tries to bring business, bureaucrats and neighborhoods together.
With the holidays approaching, it's time for year-end tax planning.
Box manufacturer Marfred Industries is getting into the marketing and brand development business.
San Fernando Valley Bar Association President Richard Lewis is looking for his organization to reach out and become a more diverse group.
New bankruptcy laws may make it too risky or too expensive for some law firms to handle cases.
Changes in the law and a clamp down by insurance companies have caused a surge in wage and hour cases.
North Hollywood-based Walt Disney Internet Group is front and center as Disney tries to diversify its interests.
Friday, November 18
Citing a $313 million loss from the company's film unit, The Walt Disney Company reported a 27 percent drop in its fourth quarter earnings to $379 million in quarter ended Oct. 1, versus $516 million in net income for the same period last year.
The price of gasoline in California fell to the lowest levels in three months, dropping to an average of $2.582 per gallon, according to a survey conducted by the Federal Energy Information Administration.
Mayor Antonio Villaraigosa called upon more than 430 people in attendance at the United Chamber of Commerce's First Annual Mayor's Luncheon, encouraging the Valley's business leaders to join in his effort to reform Los Angeles' education system.
Tuesday, November 15
Strix Systems, a developer of wireless mesh networking solutions, has secured $12 million in preferred stock financing.
Wednesday, November 9
Homestore Inc. posted its second consecutive profitable quarter on the heels of an announcement by a private equity fund to invest $100 million in the company.
Monday, November 7
Local retailers are projecting high single-digit and even double digit increases this holiday season.
City Councilman Jack Weiss defends the decision to allow a Walgreens to come into a Sherman Oaks neighborhood.
A long-awaited environmental impact report for a controversial Westlake Village
Senior Reporter Shelly Garcia writes that the recently released audit of the Los Angeles City Planning Department brings facts and figures to back up the complaints developers have had for years.
Three women are succeeding selling industrial tools and supplies in a business traditionally dominated by men.
Can the area count on younger generations to carry on manufacturing traditions?
A private equity firm has agreed to invest $100 million in Homestore Inc. The newly created firm, Elevation Partners, manages $1.9 billion in investments in media, entertainment and consumer-related businesses.
Business Journal editorial staff members try to get into the mass transit mindset with the debut of the Orange Line.
Several propositions on the Nov. 8 ballot have ramifications for business.
The growth of the Hispanic market has caught the eyes of venture and equity finance companies just as it has the business world in general.
Several new trade agreements are expected to come online that will affect
As more people move to high-deductible plans, health insurance companies are creating programs to give patients more information to make decisions.
Wildcat Communications purchases Arizona-based K & B; Electronics in a move that could double its revenues and employees.
Unemployment dropped throughout the San Fernando Valley in the past year but so did some of the highest-paying jobs, according to a recent report.
Conference focuses on the benefits and pitfalls of international trade.
So-called "lean" manufacturing is becoming a permanent fixture at companies - but at a price.
San Fernando business owner's experiences illustrate the challenges for local manufacturers.
A local community banking trade group is asking the legislature for reforms to the Sarbanes-Oxley Act for its members.
Saturday, November 5
Businessman J. Richard Leyner received the 2005 Fernando Award on Friday, the Valley's highest honor for volunteerism.
Friday, November 4
On Assignment, a professional staffing firm specializing in scientific and medical positions, reported net earnings of $1.8 million or $0.07 per diluted share on revenues of $66 million for the third quarter. Revenue increased by 33.1 percent compared wit
Funeral services will be held on Monday, Nov. 7 for entrepreneur and philanthropist George A. Smith, who passed away after a long battle with cancer.
Tuesday, November 1
PS Business Parks Inc. today reported net income attributable to shareholders of $14.3 million or $0.65 per share for the third quarter ended Sept. 30, compared with $2.8 million or $0.13 per share for the comparable period a year ago.
As might be expected, the Mortgage Bankers Association today released a statement opposing several of the proposals issued by the President's Advisory Panel on Federal Tax Reform.