San Fernando Valley Business Journal

Avery Dennison Misses in Third Quarter

Avery Dennison Corp. on Friday missed analyst estimates for earnings, as the company was hit by raw material and restructuring costs.

Briefs: Americas United, Glendale Adventist, Sylmar Multifamily

Americas United Bank reports rising assets, Glendale Adventists sells a building and a Sylmar apartment complex trades hands.

Business Events Calendar

Business Events throughout the Valleys.

Amgen to Lay Off 274

Amgen Inc. will lay off 274 workers in the Seattle area on Dec. 31 and will exit Washington state by the end of next year, the company announced Thursday.

LegalZoom Reaches Sam’s Club Distribution Deal

LegalZoom.com Inc. has joined with Sam’s Club in a strategic sales agreement that will broaden how the Glendale company sells its do-it-yourself legal documents and services.

Management Shakeup at Burbank Post-Production House

Post-production house Modern VideoFilm has been brought in executives for a new management team from a unit of Deloitte Touche Tohmatsu Ltd. that helps turn around troubled companies.

Briefs: Ryland, Teledyne, Interlink

Ryland Group and Teledyne reports earnings, Interlink announces sensor development deal.

CSUN Receives Largest Grant Ever

Cal State Northridge received on Wednesday a $22 million grant to promote diversity in the nation’s biomedical workforce – the largest single grant the school has received.

Board Seeks Brown's Help in Kinkisharyo Dispute

The governing board of the Antelope Valley Air Quality Management District is asking that Gov. Jerry Brown intervene in a dispute threatening Kinkiharyo International from opening a rail car factory in Palmdale.

Customs Service Returns to Van Nuys Airport

Van Nuys Airport announced Wednesday it will begin offering customs clearance and inspection services next year.

Dairy Costs Hurt Cheesecake

Cheesecake Factory Inc. reported net income on Wednesday that missed analyst estimates, blaming sharply rising dairy costs for cutting into profits.

Agoura Hills Firm Gets $13 Million

Tipalti, an Agoura Hills firm that offers automated cloud payout services, announced on Wednesday it has received $13 million in a funding round led by Wicklow Capital.

USC Makes Strategic Alliance for Glendale Clinic

USC’s medical system announced on Wednesday that it has formed a strategic alliance with Surgical Care Affiliates Inc. to manage surgery centers in the Los Angeles region, including one in Glendale.

Briefs: Minimum Wage, Fireman's Brew

City Council seeks study on minimum wage increase; Fireman's Brew announces private stock offering.

Amgen Rises on Investor Call for Breakup

Shares of Amgen Inc. jumped nearly 5 percent Tuesday on heavy volume as billionaire hedge fund manager Dan Loeb disclosed he had upped his stake in the company and called for its breakup.

TV Production Surges, Film Declines

On-location television production continued to show strong growth in the third quarter but feature film production continued to decline, according to figures released by FilmL.A. on Tuesday.

WB Creates Short-Form Production House

Warner Bros. Entertainment announced on Tuesday the formation of Blue Ribbon Content, a production unit for short-form, live-action content.

L.A. Times Relaunches 'California' Section

The Los Angeles Times is bringing back its California section after a five-year hiatus, the Times announced Monday.

Update: Kinkisharyo Delivers Rail Car Amid Dispute

Kinkisharyo International has delivered its first Los Angeles rail car amid calls for the governor to step in and resolve a dispute that has threatened the opening of a company factory in the Antelope Valley.

Hold Lifted on Adult Filming

A six-day hold on adult film production was lifted Monday after tests concluded the performer pool had not been infected with the HIV virus.

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