25 February 2010
Online marketing service provider ValueClick Inc. fell short of having its revenues meet guidance expectations for the fourth quarter. Still, the Westlake Village-based firm showed marked improvement in the quarter when compared to a year ago with net income of $15.5 million, or $0.18 per diluted share, on revenues of $110.4 million. For the same [...]
Posted in Banking/Finance0 Comments
25 February 2010
A prominent Conejo Valley resident and Ventura County real estate developer has donated $5 million for a new football stadium at California Lutheran University. The $8 million facility to be named after donor William Rolland will have more than 3,000 seats, and includes locker rooms, coaching offices, meeting rooms, a press box, VIP lounge and [...]
Posted in Business Report1 Comment
24 February 2010
The Los Angeles City Attorney’s office has filed a lawsuit challenging the installation of so-called “supergraphic” and other types of signage throughout the city, including a handful in the Valley. Many of the signs identified in the suit cover windows and obstruct ventilation, posing serious safety hazards for building occupants. Designed to be viewed primarily [...]
Posted in Government/Politics0 Comments
24 February 2010
The Donald W. Reynolds Foundation has donated $12.75 million to help fund the renovation of the Ronald Reagan Library and Museum’s exhibit galleries to coincide with President Reagan’s 100th birthday in 2011. The new museum experience combines static and interactive displays to pay tribute to America’s 40th president and his accomplishments. When the renovation is [...]
Posted in Government/Politics0 Comments
24 February 2010
Virgin Galactic showed off for the public its SpaceShipTwo, a craft that will take passenger astronauts into sub-orbital flights as early as next year. The unveiling at the Mojave Air and Spaceport was another milestone in Virgin Galactic’s role in the private commercial space industry. SpaceShipTwo, dubbed Enterprise, was designed by Scaled Composites based at [...]
24 February 2010
Congressman Brad Sherman announced that the House of Representatives approved $300,000 in federal appropriations funding for El Proyecto del Barrio for facilities and medical equipment at its Winnetka clinic. “El Proyecto del Barrio sees over 80,000 patents each year,” said Sherman, (D-Sherman Oaks). “Most of these patients do not have private health insurance. I am [...]
Posted in Healthcare0 Comments
24 February 2010
Amgen Inc. entered into a $60 million deal for exclusive rights to a Type 2 diabetes drug from a Colorado biopharmaceutical company. Array BioPharma Inc. will receive the $60 million payment upfront and receive additional payments from Thousand Oaks-based Amgen for clinical and commercial milestones. Array will complete the phase 1 trials for its drug [...]
Posted in Healthcare0 Comments
24 February 2010
By Andrea Alegria One of the newsiest and busiest year to write about healthcare is over, having set the stage for what could be the end of a long struggle to reform America’s health care system. After months of political discussions and negotiations the House and Senate finally approved sweeping healthcare legislation and as [...]
Posted in Healthcare3 Comments
24 February 2010
VICA local update This is the Valley Industry & Commerce Association’s (VICA) monthly column for the business Journal. VICA is a business advocacy group representing the San Fernando Valley and surrounding areas. As news about the city’s budget deficit dominates headlines much of the buzz surrounds layoffs and cuts to city services. But savvy [...]
24 February 2010
The U.S. economy could be nearing its bottom this summer, but economists predict unemployment rates could continue to rise in California and Los Angeles County well into 2010. California’s jobless rate, which was 11.6 percent in June, will average 12.6 percent next year according to Jack Kyser, founding economist of the Kyser Center for Economic [...]
23 February 2010
Electric car manufacturer Velozzi will use microturbines made by Capstone Turbine Corp. in its high-performance electric car and “Solo” crossover vehicle. Velozzi is the first customer from the auto industry for Chatsworth-based Capstone. The Velozzi Supercar will be powered by a 770-horsepower AC-induction electric motor charged by an on-board Capstone C65 microturbine. The supercar is [...]
Posted in Energy6 Comments
23 February 2010
Test performance device manufacturer Ixia will eliminate 80 jobs as part of a company-wide restructuring that will bring a savings of $11 million. The cost savings initiative eliminates duplicate resources the Calabasas-based company said arose from its October acquisition of the N2X product line from Agilent. In addition to these direct cost savings, Ixia said [...]
Posted in Economy0 Comments
Vincent Mieszala: You must know, your submit goes to the center in t...
Benton Gulisano: greetings there, i just discovered your blog liste...
France Brassil: I would like to thank you for sharing this informa...
Cheri Hoss: Wow awesome article, never read anything quite lik...
magazine online free: Awesome report,Maybe I might sign up to your rss....
© 2012 San Fernando Valley Net – Top San Fernando Valley Business News. Powered by Wordpress.
