SFV BUSINESS JOURNAL DAILY NEWS

VICA Predicts Resident Resistance to Garcetti's Homeless Shelters

The Valley Industry & Commerce Association has issued a statement that Mayor Eric Garcetti’s $20 million plan to build temporary homeless shelters on city-owned property will be rejected by local communities.

Preview: New Faces for Older Execs

Skin treatments provide youthful edge for older job-seekers and executives.

MGA’s Larian Makes $890 Million Offer for Toys R Us Stores

Isaac Larian, the chief executive of MGA Entertainment Inc. in Van Nuys, put in a nearly $900 million bid Friday to purchase Toys R Us stores in the U.S. and Canada.

Tease photo

Qualstar Revenue Bolstered by Gaming Client

A subsidiary of Qualstar Corp. has received a $1.1 million order from an existing gaming industry customer.

Preview: Talkin' a Mouthful

Danny Trejo, star of the “Machete” movies as well as “Desperado” and “Con Air,” is also a restaurant owner.

Tease photo

Mission Valley Bank Appoints Financial Advisor to Board

Mission Valley Bancorp has elected Ara Oghoorian, president of ACap Asset Management Inc. to its board of directors, the Sun Valley-based commercial bank announced Thursday.

Dine Brands, Comcast Partner on Data Infrastructure

Dine Brands Global Inc. has selected Comcast Business to provide a digital network to help the Glendale-based restaurant company track sales and customer data at its Applebee’s Neighborhood Grill and Bar and IHOP franchises, the company announced Thursday.

Rexford Buys Thousand Oaks Industrial Building for $6.6 Million

A 49,585-square-foot industrial property in Thousand Oaks has sold for $6.6 million, or $133 a square foot, according to Lee & Associates-LA North/Ventura.

Tease photo

Capstone Rises on New Distributor Support System

Shares of Capstone Turbine Corp. rose more than 10 percent after the company debuted a new distributor support system to improve training, sales efficiency and product branding.

Walmart to Close Simi Valley Store

Walmart will close its store in Simi Valley on May 18.

Leaders Appointed to AV Hospital Board

Antelope Valley Hospital Inc., a new nonprofit public benefit corporation established to increase community input over the operations of Antelope Valley Hospital, has finalized its board of directors with the appointment of three community leaders.

Simi Valley Call Center to Hang It Up

More than 120 workers will be laid off from the iQor Holdings US call center in Simi Valley, according to the company.

CRC Buys Remaining Stake in Elk Hills Oil Field

California Resources Corp. has acquired the remaining surface and mineral rights to California’s largest natural gas-producing oil field from Chevron Corp., the company announced Monday.

Tease photo

Warner Center Condo Project Begins Construction

Canoga Park-based developer California Home Builders has begun building a low-rise condo project on a corner lot at 6800 Variel Ave. in Woodland Hills.

Tease photo

Quarterly Results Lift Simulations Plus

Shares of Simulations Plus Inc. rose more than 6 percent Tuesday after the company reported results for its second fiscal quarter.

Limoneira Forms Grupo Argentino

Limoneira Co. has formed Grupo Argentino, a cooperative arrangement between the company and leading citrus packers in Argentina, the company announced Tuesday.

Amgen to Build High-Tech Plant in Rhode Island

Amgen Inc. will build a new manufacturing plant at the site of its existing facilities in West Greenwich, R.I., the pharma company announced Tuesday.

Gelt Acquires Seattle Apartment Portfolio for $74 Million

Tarzana-based real estate firm, Gelt Inc. has acquired a two-property apartment portfolio totaling 491 units for $74 million in two Seattle submarkets.

AeroVironment Tests Military Maritime Drones

AeroVironment Inc. has conducted a maritime demonstration of the automated sensor-to-shooter function for its Puma and Switchblade drones from a U.S. Navy ship, the company announced Monday.

Tease photo

Qualstar to Make Sony Optical Disc System

Qualstar Corp. was chosen by Sony Imaging Products and Solutions Inc. to manufacture an optical disc archive system for computer data, the company announced Monday.