SFV BUSINESS JOURNAL DAILY NEWS

Lemons Sweeten Limoneira’s Second Quarter

Higher lemon prices propelled Limoneira Co. to higher net income and revenue during the company’s fiscal second quarter.

Cornerstone Development in Agoura Hills Rebuffed by Court

Los Angeles Superior Court has ruled against the city of Agoura Hills, suspending the progress of developer Doron Gelfand’s Cornerstone, a proposed 8.2-acre retail, office and residential project at Cornell and Agoura roads that promises to become Agoura Village’s first major development.

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IHOP Rebrands as IHOb

IHOP is temporarily changing its branding to IHOb as part of a marketing campaign to introduce a new line of burgers, the restaurant announced Monday.

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Cheesecake Factory Fined for Wage Theft

Cheesecake Factory Inc. in Calabasas and its janitorial contractor Americlean Janitorial Services Corp. have been cited for $4.57 million in wage theft following an investigation by an industry watchdog and the California Labor Commissioner’s office.

Santa Clarita Valley Signal Sold to Former Publisher

The Santa Clarita Valley Signal reported Friday that the newspaper has been sold to former Signal publishers Richard and Chris Budman.

Preview: Rethinking the Mall

Northridge Fashion Center plans to turn third floor into creative offices.

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Preview: Shopping App Eases Store Exit

Ralphs tests scanning technology in Studio City.

Atara Hires Former Amgen Exec as CFO

Atara Biotherapeutic Inc. has appointed Utpal Koppikar as chief financial officer.

ApolloMed Appoints CFO

Apollo Medical Holdings Inc. has appointed Eric Chin as chief financial officer. He will succeed the current CFO, Mihir Shah, effective July 1.

Mixed Quarter for Capstone

Capstone Turbine Corp. fell short of Wall Street estimates on revenue in fiscal 2018 but beat on earnings.

City Sues Van Nuys Motel in Criminal Crackdown

Los Angeles City Attorney Mike Feuer has filed a lawsuit against the owners of the Hyland Motel on Sepulveda Boulevard in Van Nuys seeking an injunction to curb alleged drug sales, prostitution and violent gang crime at the property, the city attorney’s office announced Thursday.

TechX Addresses Energy, Infrastructure

More than 30 people turned out Thursday morning for TechX, a talk-centric event about new technologies and products sponsored by the Valley Economic Alliance.

Cherokee Shares Drop Back Below $1

Shares of Cherokee Inc. fell back to below a dollar on Wednesday, after jumping 34 percent Tuesday on news that the company had sold its Flip Flop Shops retail chain.

Local Firm Solidifies Deal

US Nuclear Corp. has signed a definitive agreement to be the exclusive manufacturer of medical isotope generators for a nuclear medicine company.

Report: Pegi Matsuda Leaving Valley Pres

Pegi Matsuda, a longtime civic leader in the San Fernando Valley, has sent an email saying she will step down from her position at Valley Presbyterian Hospital.

Coinstar to Feature Provision Holographs at Kiosks

A holographic advertising display, powered by Chatsworth-based Provision Interactive Technologies Inc., will be available on Coinstar LLC’s coin-counting kiosks in most Giant Eagle supermarkets, Coinstar announced Tuesday.

Penthouse Media Bought Out of Bankruptcy

The assets of Penthouse Global Media have been sold for $11.2 million to the owner of XVideos.com, according to media reports.

IHOP Teases Name Change on Social Media

On its social media accounts, IHOP has announced that it will be “flipping” its name to “IHOb” on June 11.

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Flip Flop Sale Sends Cherokee Shares Higher

Shares of Cherokee Inc. gained more than 34 percent to close at $1.06 on Tuesday, after the company announced the sale of its Flip Flop Shops retail chain to footwear manufacturer Bearpaw Holdings LLC for an undisclosed amount.

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Amgen's Neulasta to Face Competition From Biosimilar

Mylan NV has received U.S. Food and Drug Administration approval to market its biosimilar of Amgen Inc.’s drug Neulasta.