SFV BUSINESS JOURNAL DAILY NEWS

Calabasas’ Topa Insurance Group Acquired

Investment firm Altamont Capital Partners has agreed to acquire Topa Insurance Group, a Calabasas-based subsidiary of Topa Equities in Los Angeles.

Tarzana Office-Medical Tower Trades for $22 Million

Optimus Properties, a real estate investment company in Los Angeles, has purchased a medical and office building in Tarzana for $22 million.

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MannKind Posts Bigger Numbers in Second Quarter

MannKind Corp. met analyst expectations for earnings and fell just short on revenue in the second quarter.

Marie Callender’s in Northridge Closes Amid Bankruptcy

Northridge has lost its Marie Calendar’s Restaurant & Bakery franchise after its parent company, Perkins & Marie Callender’s LLC, filed for Chapter 11 protection from creditors.

Meeting About Van Nuys Airport Turns Noisy

A Tuesday night presentation by Federal Aviation Administration officials about flight paths out of Van Nuys Airport turned boisterous when residents demanded changes.

Residents File Appeal Against Westfield Promenade Redevelopment

Woodland Hills residents are contesting the Westfield Promenade project roughly two weeks after officials at the city of Los Angeles approved the $1.5 billion development’s 7,500-seat arena component.

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Thermo Fisher Consolidates Operations in West Hills

Thermo Fisher Scientific officially launched its transplant diagnostics division in West Hills with a grand opening celebration.

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Valley Economic Alliance Secures Money to Repair Fernando Award Monuments

Valley Economic Alliance, under the leadership of Randy Witt, has secured $10,000 from L.A. City Councilmembers to repair to two San Fernando Valley monuments.

B. Riley, Brigade Capital Infuse $218 Million into Bankrupt Barneys

New York-based luxury retail chain Barneys New York Inc., which filed for Chapter 11 bankruptcy protection on Tuesday, has received $218 million in new financing from lending arms of Woodland Hills-based B. Riley Financial and Brigade Capital Management.

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Fox Entertainment Acquires NoHo's Bento Box

Fox Entertainment is buying Bento Box Entertainment, the animation house behind “Bob’s Burgers” and other animated hits.

Nominee for L.A. Valley College Presidency

Los Angeles Community College District Chancellor Francisco Rodriguez has nominated Barry Gribbons for the position of Los Angeles Valley College president.

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Laemmle Newhall Construction on Track During Takeover Talk

Construction of the newest Laemmle Theatres location in Old Town Newhall will continue despite rumors that the Santa Monica-based arthouse cinema chain may have new owners.

Disney Disappoints Despite Revenue Gains

Walt Disney Co. missed Wall Street expectations of adjusted earnings and revenue in the fiscal third quarter.

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Commercial Real Estate Veteran Joins Marcus & Millichap Board

Marcus & Millichap Inc. has expanded its board with the appointment of Lauralee Martin, effective Aug. 1.

MannKind Offers Predictive Technology to Afrezza Users

MannKind Corp. and One Drop have signed an agreement to integrate MannKind’s BluHale accessory device into the One Drop platform.

Sienna Biopharmaceuticals Explores 'Strategic Alternatives'

Sienna Biopharmaceuticals has retained Cowen as an independent financial advisor to explore “financial and strategic alternatives” to boost shareholder values.

Insurance Company Signs 50,000-Square-Foot Lease in Calabasas

Rising Realty Partners has committed Republic Indemnity to a 50,000-square-foot lease at The Park Calabasas in Calabasas.

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New NASA Program Yields Work for Aerojet

Aerojet Rocketdyne has been chosen by NASA to be part of a new program to develop capabilities to benefit future space missions.

Preview: Quick End for ImmunoCellular

ImmunoCellular Therapeutics Ltd. – once a promising public biotech company working on cancer therapies – abruptly terminated its operations late last year.

Preview: Co-Working's Surge

More flex offices to open in the Valley, despite talk of saturation.