SFV BUSINESS JOURNAL DAILY NEWS

Pepperdine Law Professor Named University's Next President

Pepperdine University’s Board of Regents has named James Gash, an associate dean at the university’s law school, as its eighth president and chief executive, the Malibu university announced Friday.

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Bank of America to Lay Off 120 at Simi Valley Loan Center

Bank of America is laying off more than 120 employees from its home loan department in Simi Valley effective later this year.

Wesco to Close Warehouse, Cut More Than 200 Jobs

Wesco Aircraft Holdings Inc. is shutting down a distribution warehouse in Valencia, resulting in the elimination of more than 200 jobs.

Northridge Lumber Warehouse Sells for $4.5 Million

A Northridge industrial building has sold for $4.5 million.

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Cannabis Products Supplier Sera Labs Secures $5 Million Investment

Sera Labs Inc. has received a $5 million investment from the Canadian cannabis private equity fund ToroVerde Inc., according to the company.

BlackLine Beats Wall Street Expectations

BlackLine Inc. beat Wall Street estimates on revenue and adjusted earnings in the fourth quarter.

Sherman Oaks Podiatrist Arrested

Podiatrist Schlomo Schmuel of Sherman Oaks surrendered to the California Insurance Department on two felony counts of fraud after allegedly inflating bills, according to an announcement from the insurance department.

Production for Hourlong TV Series Increases

California is having one of its best seasons ever when it comes to production of one-hour television series, according to a new report from FilmL.A.

Amgen Teams Up With San Diego Biotech

Thousand Oaks-based Amgen Inc. will collaborate with Abilita Bio, a privately held biotech company in San Diego focused on discovery and development of drugs targeting membrane proteins, according to a press release Wednesday.

Earnings Roundup: ASGN, NetSol, Cinedigm Report

ASGN gains, NetSol improves and Cinedigm meets Wall Street expectations.

Realty Firm Acquires Chatsworth Apartments for $15.2 Million

Land Mark Realty & Property Management has acquired the Chatsworth Place apartments, totaling 64 units and split between 9919 DeSoto Ave. and 9947 De Soto Ave. in Chatsworth.

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Developer Seeks to Build 432 Apartments in NoHo

A developer wants to build 432 apartments as part of a proposed residential and retail complex in North Hollywood.

West Hills Hospital Selects Chief Nursing Officer

West Hills Hospital & Medical Center has welcomed Janeen Gallego as its new chief nursing officer in January, according to the facility.

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Virgin Galactic Donates Rocket Engine to Smithsonian

Virgin Galactic and The Spaceship Co. have donated a hybrid rocket motor to the Smithsonian’s National Air and Space Museum in Washington, D.C.

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LTC Enters $17 Million Buy-Leaseback Joint Venture

LTC Properties Inc., a real estate investment trust specializing in senior housing and health care properties, has entered into a joint venture buy-leaseback relationship with English Meadows Senior Living Communities, based out of Virginia.

PennyMac Mortgage to Sell 7 Million Shares in Offering

PennyMac Mortgage Investment Trust plans to raise capital by 7 million of its shares, the company announced Monday.

Universal City Hotelier Buys Colorado Marriotts

Sun Hill Properties Inc., the owner and operator of the Hilton Los Angeles/Universal City, announced this week that it has acquired two Colorado hotels.

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Economic Breakfast Sees 'Uncharted Territory' Ahead

Rotary Club of Thousand Oaks and California Lutheran University presented the 2019 Economic Outlook Forecast Breakfast on Friday at Cal Lutheran’s Sports Center in Thousand Oaks.

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Sienna’s Hair Removal Treatment Shows Promise in Study

Sienna Biopharmaceuticals, a Westlake Village biotech company, announced positive results Friday for its topical pre-treatment to standard laser hair removal, referred to as SNA-001.

Capstone Falls After Quarterly Report

Shares of Capstone Turbine Inc. fell more than 13 percent Friday, the day after the company reported a wider net loss and a decrease in revenue for the fiscal third quarter.