SFV BUSINESS JOURNAL DAILY NEWS

Missile Defense Contract Adds $46 Million to Teledyne Revenues

Teledyne Brown Engineering Inc. has received a $45.7 million contract from the U.S. Army Space and Missile Defense Command to provide missile defense modeling and simulation software.

Tutor Perini Partnership Lands $1.4 Billion Airport Contract

A joint venture between civil construction firm Tutor Perini Corp. in Sylmar and Washington, D.C.-based Parsons Transportation Group Inc. has won a $1.4 billion contract for a major redevelopment project at Newark Liberty International Airport in Newark, N.J.

Valencia Shopping Center Sold for $9.8 Million

A 45,429-square-foot retail center in Valencia has sold to a private investor for $9.8 million, or nearly $216 a square foot, according to Colliers International.

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Job Fair for Veterans Attracts Hundreds

On Thursday, the Valley Economic Alliance hosted its 11th Annual Hero Hired Veteran Job and Resource Fair, a vocational event aimed at encouraging Valley-area employers to hire military veterans.

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Report: Gas Moratorium Pulled From CPUC Agenda

The president of the California Public Utilities Commission has withdrawn from consideration a temporary moratorium on new natural gas hookups in Los Angeles County, according to media reports.

BlackLine Exceeds Expectations in Q4

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

Harbor Freight Owner Donates $50 Million for Heart Research

The owner of Harbor Freight Tools has donated $50 million to Cedars-Sinai to create an institute for research and innovative practices in cardiology and cardiovascular surgery.

Conejo Corporate Campus Sold for $23 Million

Conejo Corporate Campus, the former Thousand Oaks headquarters of Amgen Inc., has sold a joint venture between Harbor Associates LLC and Blue Vista Capital Management.

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Englander: It’s Time to Trash RecycLA

Los Angeles City Councilman Mitch Englander has filed a motion with the city attorney’s office asking to look for a way out of L.A.’s mandatory recycling program, called RecycLA, citing complaints from businesses and residents about soaring costs and poor service.

Simi Valley’s Stonegate Plaza Sells

Stonegate Square, a class B office building located at 1965-1985 Yosemite Ave. in Simi Valley, sold for $2.9 million, or $180 a square foot, in a deal closed Jan. 24.

NetSol Swings to Positive Earnings

NetSol Technologies Inc. on Tuesday reported profits equal to 6 cents a share – well up from last year’s loss equal to -20 cents a share – for the fiscal second quarter that ended Dec. 31.

Glendale Hotel Financing Set

Dallas-based Hall Structured Finance announced on Tuesday the company will finance the construction of the Aloft hotel in Glendale for $17.6 million.

Semtech Selected for Smart Irrigation System

Technology from Semtech Corp. is part of a new system by WaterBit for precision irrigation in agriculture, the company announced Tuesday.

Mexican Food Takes Center Table on Princess Cruise

Princess Cruises on Monday announced a Culinary Cruise that will leave Los Angeles and focus on Mexican cuisine.

Pepperdine, Venture Alliance Launch 'Fundable' Startup List

The Pepperdine Graziadio School of Business, in partnership with the Venture Alliance, is launching an initiative to better prepare startups for investment funding.

Teledyne Unveils Air Particulate Meter

Air quality instrumentation manufacturer Teledyne API has released a new product that can measure fine particulate matter that creates reduced visibility and haze in urban areas.

Federal Budget Law a Plus for Capstone

Capstone Turbine Corp. announced that its personnel worked the federal Investment Tax Credit for microturbines and combined heat and power projects that was extended for two in the new tax legislation.

L.A. County Hotel Sales Hit $1.7 Billion in 2017

Los Angeles County hotel sales reached a record $1.7 billion in 2017, according to a year-end report by Irvine-based Atlas Hospitality Group, a real estate agency specializing in hotel sales.

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Report Finds Entertainment, Digital Employment Gains

Employment in the entertainment industry in Los Angeles and Orange counties grew 19.6 percent from 2006 to 2016, outpacing 4 percent growth across all industries in the area over the 10-year period, a new report found.

PennyMac Profits Soar in Q4

Shares of PennyMac Financial Services Inc. moved higher Friday, one day after the company reported fourth-quarter and full-year results.