SFV BUSINESS JOURNAL DAILY NEWS

County Tries to Halt Aliso Canyon Gas Operations

Los Angeles County has asked the California Supreme Court to stop Southern California Gas Co. from continuing to resume operations at the natural gas facilities in Aliso Canyon.

CEO to Fill in as Finance Officer Leaves PS Business Parks

PS Business Parks Inc., the Glendale investor in office and industrial parks, announced Monday that its chief financial officer has stepped down.

FilmTrack Secures $5.5 Million in Venture Capital

Entertainment industry technology company FilmTrack has received $5.5 million in series C funding from Insight Venture Partners.

Earnings: Apollo Medical Holdings, ImmunoCellular Therapeutics

Apollo Medical revenue grows 236 percent, ImmunoCellular trims losses.

Cherokee Jumps on Amended Debt Deal

Cherokee Global Brands has amended its credit facility with Cerberus Business Finance, sending the company’s stock up more than 10 percent.

Buyout Takes MRV Private

The acquisition of MRV Communications Inc. was finalized Monday by a German telecommunications supplier.

First Solar Project at Van Nuys Airport

Aeroplex/Aerolease Group announced Monday the first solar power project at Van Nuys Airport.

Regulators Approve Palmdale Power Plant

The California Energy Commission has approved certification for a Seattle alternative energy company to build and operate a proposed natural gas power plant in Palmdale.

L.A. City Council Authorizes 2028 Olympics Bid

The Los Angeles City Council on Friday unanimously authorized the city’s Olympic bid committee to sign a contract with the International Olympic Committee to host the 2028 Summer Olympic and Paralympic Games.

Viking Expands Cultural Marketing Partnerships

Viking Cruises has expanded its portfolio of marketing partnerships with the announcement of three new agreements with cultural institutions.

DineEquity Appoints New CEO

Shares of DineEquity Inc. jumped more than 4 percent Thursday after the release of the company’s second-quarter financial results and the news of hiring a new chief executive.

MannKind Moving to Westlake Village

Valencia biopharmaceutical company MannKind Corp. is relocating its corporate headquarters to Westlake Village, the company confirmed Thursday.

Earnings: Interlink, Talon

Interlink reports higher revenue, while Talon’s revenue declines.

Provision Letter Clarifies Rite Aid Deal

Provision Holding Inc. anticipates the number of 3D shopping kiosks it will install in Rite Aid Corp. stores may stay at 700 rather than the 4,500 it once anticipated, the software and technology firm announced Wednesday in a letter to shareholders.

Wesco Dives After Disappointing Quarter

Shares of Wesco Aircraft Holdings Inc. dropped more than 24 percent the day after the company reported adjusted earnings and revenue that missed Wall Street estimates in the fiscal third quarter.

Earnings: LTC Properties, Capstone Turbine

LTC Properties reports profitable quarter, Capstone Turbine has a loss.

Marcus & Millichap Ahead of Expectations

Marcus & Millichap Inc., the commercial real estate brokerage firm in Calabasas, jumped Wall Street expectations for its second quarter despite weaker year-over-year results.

Disney Reports Lower Profits, New Streaming Strategy

Walt Disney Co. missed analyst expectations on revenue for the fiscal third quarter but beat them on adjusted earnings.

DineEquity Appoints IHOP Chief Marketing Officer

DineEquity Inc. in Glendale has appointed former CKE Restaurants Inc. executive Brad Haley to oversee marketing initiatives for its IHOP brand. He will assume the post Aug. 14.

Glendale Apartments Fetch $20 Million

A 63-unit apartment complex in Glendale has traded for $20 million, delivering a 60 percent gain to the sellers, according to Encino commercial real estate firm Investment Real Estate Associates.