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Cheesecake Meets Wall Street Expectations in Q4

Cheesecake Factory Inc. released on Wednesday its financial results for the fourth quarter and full year of 2017.

Chatsworth Industrial Property Sells for $6.6 Million

After outgrowing its Sun Valley facility, Stratton and Sons has acquired a Chatsworth industrial property with room to grow for a price of $6.6 million.

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Jobs Forecast Predicts Modest Growth

Los Angeles County is expected to add about 48,000 jobs this year and 34,000 next year, making for a modest growth rate of around 1 percent, according to a forecast to be released Feb. 21 by the Los Angeles County Economic Development Corp.

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Glendale Accounting Firm Takes New Name

Business accounting firm Sadd Velazquez Higashi Shammaa LLP has changed its name to the Accountancy, the Glendale company announced Wednesday.

Business Events Calendar

Business Events throughout the Valleys.

Simi Valley’s Erringer Plaza Sells for $4.3 Million

Erringer Plaza in Simi Valley has sold for $4.3 to Laurence Michael of Los Angeles, according to Costar Group.

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Antelope Valley Lawmakers Sponsor Water Rate Reform

Two Antelope Valley lawmakers have sponsored legislation to bring changes to how the California Public Utilities Commission sets rates for investor-owned water companies.

DineEquity Changes Name, Beats Street

DineEquity Inc. in Glendale is now Dine Brands Global Inc., the company announced with the release of its full-year and fourth-quarter financial results on Tuesday. The firm reported better-than-expected earnings and revenue for Q4, sending its stock up more than 15 percent to its highest price in a year.

Warner Atrium Changes Hands for $28 Million

Warner Atrium, a 128,762-square-foot office building in Woodland Hills, has sold for nearly $28 million to Sandstone Properties Inc., according to the brokerage division of Kennedy Wilson.

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Adventist Health to Transfer Workers to Cerner Corp.

A state report lists nearly 1,200 pending layoffs at Adventist Health hospitals across the state, including hundreds at Adventist Health Glendale and Adventist Health Simi Valley.

Personal Injury Attorney Opens Burbank Office

Personal injury lawyer Joshua Glotzer has opened a new office in Burbank.

Commons at Valencia Gateway Sold for $33 Million

Harbor Associates LLC announced Monday that the investment firm, in a joint venture with Goldman Sachs Asset Management Private Real Estate, has acquired the Commons at Valencia Gateway in a $33.1 million cash deal.

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Tri-Cities Office Sales Up

REAL ESTATE: Entertainment tenant influx boosts values.

The office market is heating up in the Tri-Cities.

Produce Powerhouse

Combination of Dole Food and European investor will deliver ‘synergies for both players.’

Dole Food Co. backs down from IPO, decides to sell stake in business to an Irish firm.

Mass Appeal Of Hair Line

Calabasas company rolls out hair care products at mass retailers.

Decades Delay For E-Device

Medical device maker Endonovo begins sales of post-surgery product.

Little Piggies Find Safety At Shelter

Chatsworth nonprofit specializes in rescue of cuddly guinea pigs.

A one-of-a-kind guinea pig rescue in Chatsworth.

The Number

9.8% Apartment rent increase in Lancaster last year

Why are rents going up in Lancaster? Look at who’s hiring.

Reseda Opts For Rehab

DEVELOPMENT: Apartment groundbreaking is first step in a neighborhood turnaround.

Gelt Inc. teams with Chinese investor to build mixed-use project to help revitalize Reseda.

Ares Management Joint Venture Cuts CRC Debt

ENERGY: Power plant deal provides oil producer with $750 million in cash.

California Resources Corp. forms joint venture on natural gas power plant.

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