Festival Taking Hold in Valley Region

26 March 2010

When the Method Fest Film Festival begins tonight (March 25) the event finds itself in the second step of its evolution to become what its organizers hope will one day be a national festival. The poor economy, of course, has not been a help in making that transition. Budget constraints have resulted in the cancellation [...]

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Posted in Advertising/Media, Entertainment1 Comment

Universal Cares for Lancaster Now, Palmdale in 2010

26 March 2010

The Antelope Valley is known for many things but an abundance of healthcare facilities is not among them. At one time the area had five hospitals. Due to closures, that gradually was reduced to just two – Lancaster Community Hospital and Antelope Valley Hospital. That is changing, however, with the construction of the new Palmdale [...]

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Posted in Healthcare2 Comments

Reseda Chamber Director Ann Kinzle Dies

25 March 2010

Ann Kinzle, executive director of the Reseda Chamber of Commerce and well-known figure in the Reseda community, passed away March 20. “She did so much and was involved in almost every aspect of Reseda,” said Diane Taylor, friend and board member of the Reseda Chamber. “There was nobody that Anne didn’t know.” Kinzle was found [...]

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Posted in Breaking News3 Comments

Valley-Area Biotech Start-ups Holding Their Own

24 March 2010

Alan Herman, a former Amgen employee, and his business partner, launched Camarillo-based WindRose Analytica in May 2005. Their goal was to sell the biotech and biopharma analytics firm in five years time. The duo, which funded the start-up out-of-pocket, beat their goal by a year, and did it in the middle of the Economic meltdown. [...]

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Posted in Healthcare, Technology2 Comments

Opportunities for New CEO of Two Hospitals

24 March 2010

The new CEO of Sherman Oaks Hospital and Encino Hospital, Jim Sherman, will set out to chart a new strategic direction for both facilities amid major changes that include the departure of the Grossman Burn Center and impending national healthcare reform. “One of the things I need to do now is work with the medical [...]

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Posted in Healthcare0 Comments

Residential Real Estate Market Is Not for the Faint of Heart

24 March 2010

Home sales in the San Fernando Valley are indeed up from this time last year, said Todd Jones of Rodeo Realty. But agents, the ones who’ve stuck around at least, are working three times as hard for a third of the money to clean up the flood of distressed properties on the market, he said. [...]

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Posted in Real Estate1 Comment

Ethanol Plant Given Green Light by Air District

24 March 2010

BlueFire Ethanol Fuels Inc. can begin final design and construction of a cellulosic ethanol plant near Lancaster after receiving an air permit from the Antelope Valley Air Quality Management District. The plant uses green waste from yard waste, grass clippings, woodchips and other organic sources to make ethanol. The plant has a capacity of 3.7 [...]

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Posted in Energy2 Comments

AeroVironment Restates Revenue Guidance

24 March 2010

Aircraft and Energy systems manufacturer AeroVironment Inc. revised its guidance on revenues for the year, anticipating lower sales due to the economy and a decrease in its backlog as customer orders are shipped. The company put its guidance at 11 percent to 16 percent growth over 2008. The previous guidance had been 20 percent to [...]

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Posted in Energy3 Comments

Elecro Rent Adds Equipment from Bankrupt Firm

24 March 2010

Electro Rent Corp. was named the winning bidder to buy the equipment inventory of Telogy LLC, an electronic test equipment business that folded after filing for bankruptcy. The $26.7 million purchase price by Van Nuys-based Electro Rent will be adjusted based on changes in equipment purchases and sales since Sept. 30. All Telogy operations will [...]

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Posted in Banking/Finance0 Comments

Anthem Ordered to Pay for Liver Transplant

23 March 2010

Anthem Blue Cross of California has been ordered to reimburse a Los Angeles man the $206,000 he spent on a liver transplant despite having been insured by the company at the time he was diagnosed as a transplant patient-candidate. Ephram Nehme sued his health insurer to pay for an out-of-state liver transplant, saying he would [...]

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Posted in Healthcare2 Comments

Canadian Theater Chain Selects MasterImage for 3D Hardware

23 March 2010

A Canadian movie theater chain will complete in April its installation of digital 3D equipment made by a Burbank company. At 43 screens, Guzzo Cinemas will have the largest number of 3D theater systems in North America from MasterImage 3D LLC. Guzzo began installing the digital projectors in December and expects to be completed in [...]

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Posted in Entertainment2 Comments

Real estate company sees positive trend, eyes public markets.

19 March 2010

Zaya Younan is convinced many office real estate markets in the U.S. have hit bottom. And he’s wasting no time shifting Woodland Hills-based Younan Properties back into acquisition mode, which may involve tapping public markets. “There’s evidence the recession is leveling and deterioration slowing down,” said Younan. “The economy is still weak and fragile. But [...]

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Posted in Banking/Finance, Economy, Real Estate2 Comments

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