SFV FINANCE

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: LTC Properties, Capstone Turbine

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

Earnings: Salem Media, B. Riley, MannKind

Salem Media income falls, B. Riley revenue triples and MannKind posts another loss.

PennyMac Performance Disappoints

PennyMac Financial Services Inc., the non-bank mortgage lender in Westlake Village, disappointed Wall Street Thursday.

Crednology to Buy Cloud Company

Crednology Holding Co. announced Tuesday it plans to acquire a company that provides cloud computing based services.

VEDC Loses Chief Executive

Two executives at the Valley Economic Development Center are no longer with the organization, the Business Journal has confirmed.

On Assignment Misses Q2 Estimates

On Assignment Inc. increased its earnings and revenue in the second quarter but still fell short of analyst expectations.

L.A. County Unemployment Holds at 4.4 Percent

L.A. County’s unemployment rate remained unchanged in June from May’s record low 4.4 percent as a seasonal drop in education payrolls offset modest hiring in other sectors.

Preview: Pain of Going Public

Running a public company – once the Holy Grail of entrepreneurial success and prestige – has become a fading star with the diminishing light especially apparent in markets such as the Valley region.

Former Ginnie Mae Exec Joins PennyMac Board

Theodore W. Tozer, the former president of the Government National Mortgage Association or Ginnie Mae, will join the board of PennyMac Financial Services Inc., the company announced Wednesday.

Preview: Top Female Entrepreneurs

Women-owned businesses are “having a moment.”

B. Riley Closes Wunderlich Acquisition

B. Riley Inc. has completed its acquisition of Wunderlich Securities, a wealth management firm based in Memphis, Tenn.

L.A. County Unemployment Falls to Record Low

L.A. County’s unemployment fell to a new record low of 4.4 percent in May amid steady job gains, state figures released Friday show.

L.A. County Unemployment Rate Falls to 4.5 Percent

L.A. County’s unemployment rate fell to another new low of 4.5 percent in April, but in a sign that the local economy is close to full employment, employers in the county reversed their hiring trends and shed a net 7,000 jobs last month, state figures released Friday show.

PennyMac Disappoints, Shares Fall

PennyMac Financial Services Inc. in Westlake Village reported first-quarter earnings and revenue Thursday that fell short of analysts’ expectations, causing a 7.5 percent drop in its share price.