San Fernando Valley Business Journal

Quixote Studios Buys Pacoima Building

L.A.based entertainment service company Quixote Studios has bought a Pacoima building that it plans to eventually use for equipment rentals.

Updated: Natrol Gets New CEO

Vitamin manufacturer Natrol on Nov. 28 announced the appointment of Tom Zimmerman as its new chief executive.

Cherokee Revenue Falls in Quarter

Cherokee Inc. beat Wall Street expectations on earnings but fell short on revenue in the third quarter.

Preview: Performance U

$10 million gym seeks to produce top college athletes.

Preview: SPECIAL REPORT: Bullish But Uncertain

Post-election effects on Valley companies; mergers and acquisitions and other major events from the past year for the Valley business community.

Business Events Calendar

Business Events throughout the Valleys.

DTS Acquires App Developer

Audio technology company DTS Inc. has acquired All in Media, a company that develops smartphone apps for radio stations, the company announced Thursday.

Biotech Expert Joins Glendale Law Firm

Law firm Lewis Roca Rothgerber Christie on Thursday announced that attorney Sal Wakil will join its Glendale office as an associate in the intellectual property practice group.

Capstone Cuts Costs on Investor Relations

Capstone Turbine Corp. said it will cut expenses by changing its audit firm and bringing in-house the investor relations functions.

Chinese Regulators Fine Medtronic $17 Million

Medical device maker Medtronic Inc. has been fined $17.2 million by Chinese regulators for alleged price fixing in regard to its diabetes and cardiovascular devices.

Huge Tejon Ranch Project Gets Approval

The Kern County Board of Supervisors has unanimously approved a massive master planned residential and commercial project proposed at the southern end of the San Joaquin Valley.

Medical Office Building in Burbank Sells

A large single-tenant medical building in Burbank has sold for $14.3 million.

Teledyne Buys Chatsworth’s Hanson Research

Teledyne Technologies Inc. has announced that it acquired Hanson Research Corp., a developer and manufacturer of instruments used in the pharmaceutical industry.

Testing Service PSI Moves into Aviation

Professional testing firm PSI Services has acquired Computer Assisted Testing Services, a firm providing testing services for the aviation industry, the companies announced Tuesday.

Two Valley Apartments Sell for Nearly $6 Million

Two apartment buildings in the San Fernando Valley sold in separate transactions for combined total of nearly $6 million.

Amgen, Allergan Seek Approval for Avastin Biosimilar

Amgen Inc. and Allergan plc have submitted paperwork for permission to sell a biosimilar version of cancer drug Avastin in Europe.

Unity Spacecraft Takes First Free Flight

Ten months after its unveiling, the space vehicle VSS Unity completed its first free flight on Saturday at the Mojave Air & Spaceport in the Antelope Valley.

Ixia Rises on Buyout Report

Shares of Ixia rose nearly 15 percent Friday after Reuters published an article saying the company was looking for a potential buyer.

DTS Acquisition Finalized

Tessera Holding Corp. closed on its $850 million acquisition of DTS Inc. on Thursday, and DTS shares will no longer trade on the Nasdaq.

Princess Cruises to Pay $40 Million Penalty for Pollution

Princess Cruise Lines Ltd. will plead guilty to seven charges of deliberate pollution of the seas and pay $40 million in penalties, the Justice Department announced Thursday.