San Fernando Valley Business Journal

Business Events Calendar

Business Events throughout the Valleys.

L.A. County Jobs Grow in October

Los Angeles County employers added 35,000 jobs to their payrolls in October but that was not enough to reduce the area’s unemployment rate, which held steady at 8 percent, according to state figures released Friday.

Disney Expands Chinese Content Partnership

Walt Disney Co. has expanded its partnership with Shanghai Media Group to create content for the Chinese market, the company announced Friday.

Corporate Briefs: American Homes, Ryland, Public Storage, Wesco

American Homes, Ryland Group and Public Storage raise capital. Wesco CFO retires.

Update: Mann Sells Two Local Biomedical Parks

The Mann Biomedical Park in Valencia and Sylmar Biomedical Park in the San Fernando Valley, both owned by Alfred Mann, have been sold to Intertex Cos. in Valencia with financial backing from L.A. investment firm Oaktree Capital Management.

Update: Amgen Completes Singapore Plant

Amgen Inc. announced on Thursday the completion of its Next-Generation Biomanufacturing facility in Singapore, which it said would provide a model for future plants.

Garcetti Speeding Building Inspections

Acting on a promise to cut bureaucratic red tape at City Hall, L.A. Mayor Eric Garcetti on Thursday announced a measure to speed up building inspections for major projects and restaurants.

PUC Allocates San Onofre Shut-Down Costs

The California Public Utilities Commission on Thursday approved a settlement between utilities and ratepayer advocates over who should pay the $4.7 billion cost to date of shutting down the troubled San Onofre nuclear power plant.

Briefs: Tutor Perini, Wesco, Ceres

Tutor Perini wins contract. Earnings lag at Westco Aircraft Holdings Inc. and Ceres Inc.

Second Sight Makes Smash Trading Debut

Shares of Second Sight Medical Products Inc. – the latest Alfred Mann company to go public – more than doubled Wednesday in its initial public offering.

Valley Ambulance Operator Merges

PRN Ambulance in North Hills has reached an agreement to merge with Pro Transport-1, a major ambulance operator in Northern California.

Entertainment Wrap Up: DreamWorks, Warner Bros.

DreamWorks Animation delays film release. Warner Bros. Home Entertainment to distribute WWE programming.

Briefs: Cherokee Deal, Industrial Sale

Cherokee announces India retail partnership. Chatsworth industrial sale.

Gallagher Acquires Woodland Hills Brokerage

SGB-NIA Insurance Brokers in Woodland Hills has been acquired by Arthur J. Gallagher & Co., a publicly traded company that is the Valley’s leading brokerage.

Boxer Proposes Santa Clarita Mine Settlement

California Sen. Barbara Boxer has re-introduced legislation to solve a long-standing dispute over a sand-and-gravel mine in Santa Clarita.

Rocket Explosion Delays ATK Merger

The explosion last month of an unmanned rocket made by Orbital Sciences Corp. is delaying its planned merger with Alliant Techsystems Inc.

Disney, Wal-Mart Reach Streaming Deal

Walt Disney Co. announced on Tuesday it is making its cloud-based movie streaming service available to film titles purchased at Wal-mart stores or through the retail chain’s VUDU on-demand service.

Update: Second Sight IPO Delayed

Second Sight Medical Products Inc., a maker of an artificial retina for blind patients, delayed its planned $30 million IPO until Wednesday.

Earnings: Apollo, Mission Valley

Apollo Medical Holdings swings to profit. Net earnings soar at Mission Valley Bancorp.

DreamWorks Tanks as Hasbro Talks End

Shares in DreamWorks Animation SKG Inc. fell more than 14 percent on Monday, the first trading day since reported merger talks with Hasbro Inc. ended.

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