San Fernando Valley Business Journal

Avery Dennison Reports 'Pressure Sensitive' Results

Avery Dennison Corp. on Wednesday reported second-quarter results that exceeded analyst expectations on earnings and matched expectations on revenue, citing organic growth in its pressure-sensitive product label business.

IHOP Helps DineEquity Beat Expectations

Higher same-store sales at IHOP restaurants drove second-quarter earnings higher at DineEquity Inc., the company reported on Wednesday.

Great Streets Projects Come to Valley

Three projects in the San Fernando Valley were among eight receiving up to $20,000 in city grant funding as part of the Great Streets Challenge, the city of Los Angeles announced Wednesday.

Acquisition Impacts On Assignment Quarterly Results

On Assignment missed Wall Street expectations during the second quarter as costs associated with a large acquisition lowered its financial results.

PS Business Park Reports Lower Revenue

PS Business Parks reported lower revenue but beat Wall Street expectations for funds from operations in the second quarter.

Business Events Calendar

Business Events throughout the Valleys.

Glendale Man Pleads Guilty in Medicare Scam

Glendale resident Khachatour Hakobyan pleaded guilty to conspiracy to commit money laundering and filing a false tax return as part of a scam at an Echo Park medical clinic.

NTSB Blames Human Error, Lack of Safeguards for Mojave Crash

The builder of SpaceShipTwo had not considered human error could result in a catastrophic hazard to the space vehicle, the National Transportation Safety Board said Tuesday in determining the cause of last year’s crash in the Mojave Desert.

Mission Valley Bank Reports Higher Income

Mission Valley Bancorp reported first-half 2015 net income of $1.2 million Tuesday, capping what its chief executive called the strongest second quarter in the community bank’s history.

NBCUniversal Exec to Helm Deluxe

Deluxe Entertainment Services Inc. announced Monday that John Wallace, president of operations and technical services at NBCUniversal, will take over as chief executive in early September.

Kythera Wins Canadian Approval for Double-Chin Drug

Kythera Biopharmaceuticals, Inc. has received regulatory approval in Canada to sell its drug that dissolves chin fat, the company announced Monday.

Tetra Tech Secures Piece of $950 Million Contract

Tetra Tech Inc. is part of a group of companies that has secured a U.S. Air Force contract with a potential value of $950 million, the company said Monday.

Anthem to Acquire Cigna for $54 Billion

Health insurers Anthem Inc. and competitor Cigna Corp. announced Friday an agreement in which Anthem will buy Cigna in a cash and stock deal valued at $54.2 billion.

Briefs: Tutor Perini, Bank of Santa Clarita

Tutor Perini's CFO resigns, Bank of Santa Clarita reports results.

Preview: Mars or Bust

The family of Tarzan author Edgar Rice Burroughs pursues business opportunities based on the 100-year-old novel ‘John Carter.’

Preview: Airbags' Black Boxes 'Speak Truth'

Accident reconstruction firm Test Inc. has developed a business around airbag data.

Reports: Anthem-Cigna Deal Coming Soon

Media reports indicate that a deal between Anthem Inc. and Cigna Corp. is close and will likely be announced Friday.

EU Alleges Hollywood Antitrust Conspiracy

Six major Hollywood movie studios stand accused of illegally restricting access to content in an antitrust case filed by European regulators.

DreamWorks Campus Flipped

Griffin Capital Essential Asset REIT of El Segundo has purchased the Glendale campus of DreamWorks Animation SKG Inc. for $215 million, the real estate investment trust announced Thursday. This is the second time the 14.7-acre campus has changed hands in the past six months.

Biden Promotes Minimum Wage Hike in Valley

U.S. Vice President Joe Biden made an appearance in the San Fernando Valley on Wednesday for a speech in support of raising the minimum wage. Biden was joined on stage at local manufacturer Bobrick Washroom Equipment Inc. in North Hollywood by L.A. Mayor Eric Garcetti.

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