San Fernando Valley Business Journal

Business Events Calendar

Business Events throughout the Valleys.

BofA Appeals Countrywide Verdict

Bank of America Corp. has asked for a federal judge to overturn a jury verdict that found it liable for thousands of bad mortgages sold by its Countrywide unit, leading to a $1.3 billion judgment.

Adult Moratorium in Effect

A moratorium on adult film production remained in effect on Friday after a testing center reported a possible positive HIV test for an adult performer

Crunchies Files for Bankruptcy

Crunchies Food Co. LLC has filed for Chapter 11 bankruptcy in response to what it said was a small group of investor-creditors taking hostile and aggressive actions.

Magic Mountain Announces New Coaster

Six Flags Magic Mountain unveiled plans Thursday to revamp its famous Colossus roller coaster and turn it into a hybrid coaster, Twisted Colossus, which will open next spring

Amgen Seeking Cholesterol Drug Approval

Amgen Inc. announced on Thursday that it will seek U.S. government approval to sell pipeline drug evolocumab that has significantly reduced cholesterol for patients in clinical trials.

L.A. County Property Values Hit Record

The value of L.A. County taxable property rose 6 percent this year to its highest valuation ever.

Briefs: AmaWaterways, Capstone

AmaWaterways adds to fleet. Capstone Turbine secures Russian contract.

Brown OKs Raising Film Tax Credit

Gov. Jerry Brown worked out a deal with the Legislature on Wednesday that would more than triple funding for California’s film and TV tax-credit program to stem runaway production.

Glendale Adventist Settles 'Patient Dumping' Suit

Glendale Adventist Hospital reached an agreement on Wednesday to pay $700,000 to settle a city lawsuit accusing it of discharging patients from its emergency room to L.A.'s Skid Row.

Contract Boosts NetSol Shares

Shares of NetSol Technologies Inc. rose 40 percent on Wednesday after the software developer secured a $16 million contract.

Briefs: Amgen, Vitesse

Amgen heart drug gets priority review. Vitesse Semiconductor appoints director.

Talaria Approved by Burbank Planning Board

The $150 million Talaria at Burbank mixed-used development was unanimously approved on Monday night.

Briefs: PDC, Disney Stores

PDC names president. Disney Stores headquarters acquired.

Disney Files Drone Patents

Walt Disney Co. has filed three patents to use unmanned aircraft in entertainment productions at its theme parks.

Homes Sales Rise as Prices Flatten

Stabilizing home prices and increased inventory fueled more San Fernando Valley homes to close escrow in July in more than a year, according to a report released Monday by the Southland Regional Association of Realtors.

Briefs: MRV, Ixia, Children's Museum

MRV names CFO. Ixia receives another warning letter. Discovery Cube museum names director.

Ixia Hires HP Exec as CEO

Ixia has named a technology industry veteran Bethany Mayer as its chief executive and president.

Luxury Warner Center Apartments Sold

A $75 million Warner Center luxury apartment building that opened less than a year ago has been sold to an undisclosed institutional investor.

Briefs: Restaurant Dog Bill, IPC Acquisition

Governor signs bill allowing dogs on eatery patios. IPC acquires two more doctors' groups.