SFV FINANCE
Mission Valley Bank Reports Flat Quarter
Mission Valley Bancorp reported earnings of just $18,000 for the third quarter, impacted by a $1 million loan write down, the company announced Friday.
MannKind, BlackLine Report Quarterly Results
MannKind Corp. beat Wall Street estimates on earnings but missed on revenue, while BlackLine beat expectation on revenue in the third quarter.
Edison Anticipates 'Material Losses' From Thomas Fire
Edison International on Tuesday revealed that an internal investigation found that its Southern California Edison utility equipment was “associated with” one of the ignition points of the massive Thomas Fire.
Former Cal Lutheran President Mark Mathews Dies
Former California Lutheran University President Mark Mathews died over the weekend at the age of 92, the school announced Wednesday.
Urban Fulfillment to Close Westlake Village Office, Lay Off 85
Urban Fulfillment Services LLC is closing its Westlake Village operations, resulting in the elimination of 85 jobs.
Strong Economy Now, But ‘Signs of Slowdown’ Seen
Even though the U.S. economy keeps humming along and soon may record the longest expansion in modern history, “there are signs of a slowdown,” an economist reported Friday morning at a business forecast conference in Universal City.
ASGN Shares Rise on Earnings Report
Shares of ASGN Inc. jumped nearly 13 percent Thursday after the Calabasas staffing company reported better-than-expected quarterly earnings of $49.2 million.
Area Stocks Plunge With Markets; Few Gainers
Many Valley-area companies got caught up in the plummeting stock markets on Wednesday.
Cast & Crew Acquires Live Theater Payroll Accounting Firm
Cast & Crew has acquired Checks & Balances Payroll Inc., a payroll services firm to the live theater industry.
Research Solutions Prepares to Up-List to Nasdaq
Research Solutions Inc., a company that provides academic articles to research organizations, has submitted a symbol reservation as a first step to list its shares on the Nasdaq, the company announced Monday.
Wells Fargo Names Head Banker for Valley Region
Robin Choi has been named regional bank president to lead Wells Fargo in the San Fernando Valley, effective Oct. 22.
Bank of Santa Clarita Reports 71 Percent Earnings Growth
Bank of Santa Clarita’s third-quarter earnings totaled $914,000, representing a 71 percent growth year-over-year, the company announced Thursday.
‘Hero Hired’ Job Fair Draws Veterans
More than 500 military veterans were expected to participate Thursday in the Valley Economic Alliance’s annual Hero Hired Veteran Job and Resource Fair at Los Angeles Valley College in Valley Glen.
State Farm Closing Westlake Village Operations
State Farm Mutual Automobile Insurance Co. is closing its office in Westlake Village at the end of next month, resulting in the loss of 69 jobs.
Valley Area Stocks Hit Hard as Markets Plunge
The Valley area’s technology and biotech companies were among the hardest hit, reflecting a rough day for tech stocks at large.