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.

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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.