San Fernando Valley Business Journal

The Cheesecake Factory Reports Revenue Gain

The Cheesecake Factory of Calabasas reported positive earnings and a 15 percent revenue gain in the fourth quarter.

Local Attorneys Head Off On Their Own

A new law firm has opened up in Westlake Village.

BioSolar Executives Visit China

Executives with BioSolar Inc. visited China recently to meet with solar manufacturers interested in buying solar panel modules from the Santa Clarita company.

Hospitalist Company Announces Earnings in Line with Expectations

IPC The Hospitalist Co. Inc. today announced a 21 percent increase in revenue, 22 percent increase in profits and a 22 percent increase in patient encounters for the fourth quarter.

Valley Business Calendar

A listing of business events happening all around the greater San Fernando Valley

Former Valencia Condos Sell For $56.65 million

Spurred by a hot multifamily market, Decron Properties Corp. recently looked outside the core coastal communities and purchased more than 260 former condos in Valencia for nearly $57 million.

Imperial Toy Recognized at International Toy Fair

North Hills-based toy maker, Imperial Toy, LLC was awarded Best In Play 2012 Toy Fair Award by Parenting Magazine for its hip new brand of launching guns, ZOOMA Splat X Smackshot at the Toy Industry Association’s 109th New York International Toy Fair.

Valley Community Clinic Announces New Corporate Partners

Valley Community Clinic of North Hollywood announced two new corporate partners who support the work of the nonprofit. The new partners are Community Bank, and David Tieu and LeVar Harris, financial advisors with Prudential, a global insurance and financial services company.

Warner Bros., JAKKS in Deal for Toy Line

Toys based on the characters from this summer’s “The Dark Knight Rises” will kick off a new product line between Warner Bros. Consumer Products and JAKKS Pacific Inc.

illi Commercial Adds Influential New Associate

Christopher L. Stewart—a longtime Los Angeles powerbroker—has joined Encino-based illi Commercial Real Estate, the company announced Thursday.

DreamWorks Animation Opening China Studio

DreamWorks Animation SKG Inc. announced a joint venture with three Chinese companies on an animation and live-action entertainment company for the Asian market.

Henry Mayo’s Stroke Program Receives Award

Henry Mayo Newhall Memorial Hospital received the American Heart Association/American Stroke Association’s “Get With TheGuidelines–Stroke Silver Plus Quality Achievement Award.”

K-Swiss Widens Loss, Decrease in Orders

K-Swiss Inc, the Westlake Village footwear company, reported a wider loss in its fourth quarter along with a weak forecast for the current year.

North Hollywood Health Care Company Expands in Florida

IPC The Hospitalist Company Inc. (Nasdaq:IPCM), a leading national physician group practice company that provides hospitalist services, announced two acquisitions in Florida.

Vote on Adult Education Postponed

The Los Angeles Unified School District postponed until March 13 a decision on the fate of adult education in Los Angeles.

Image Income Falls in Q3

Strong sales in DVDs and digital distribution were not enough to keep Image Entertainment Inc. from a drop in its third quarter net income when compared to a year ago.

ReachLocal Narrows Loss and Widens Revenue Gains

ReachLocal Inc. of Woodland Hills reported positive earnings and a 24 percent revenue gain in the fourth quarter.

CSUN Gets $1.8 Million Grant to Create Social Network for Parents

California State University, Northridge received a grant of nearly $1.18 million from the Robert Wood Johnson Foundation to develop an online social network aimed at parents who are at risk of mistreating their children.

Staffing Company Reports Big Jump in Profits on Solid Revenue Gain

Calabasas-based staffing firm On Assignment Inc. reported a steep 168 percent profit increase in the fourth quarter on a 34 percent rise in revenue.

Mission Hills Office Building Sells for $5.65 million

Santa Monica West LLC has purchased a roughly 34,000 square-foot Mission Hills office building for $5.65 million, according to the brokerage involved in the deal.

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