SFV FINANCE
Santa Clarita Bank Proposes Stock Split
The Bank of Santa Clarita on Thursday announced a proposed three-for-two stock split of its common stock.
Earnings: NetSol Technologies, Interlink Electronics
NetSol Technologies Inc. missed Wall Street expectations, while Interlink Electronics Inc. saw an increase in revenue and earnings in the third quarter.
Preview: Fastest Growing Private Companies
The Business Journal’s Fastest Growing list represents the diversity of the Valley economy.
Bankruptcy Judge Approves Barney’s Sale to Authentic Brands, B. Riley
A bankruptcy judge has approved the sale of the Barney’s chain of fashion stores to Authentic Brands Group and its financial partner B. Riley Financial in Woodland Hills.
Easy Fire Forces Power Cuts, Threatens Reagan Library
Southern California Edison cut electricity for nearly 23,000 customers in Ventura County Wednesday as a precautionary measure against the Easy Fire.
Business Journal Honors Fastest Growth Companies
The Business Journal honored the 50 Fastest Growing Private Companies in the Valley region on Tuesday, with Encino-based Caulipower Inc. named as the top company on the annual list.
B. Riley Launches Fashion Brand Portfolio
B. Riley Financial Inc. on Wednesday announced it has established a nearly $117 million investment portfolio for fashion brands.
Economists Forecast Solid But Softening 2020 at VICA Conference
The news was muted yet hopeful from the Business Forecast Conference presented by Valley Industry & Commerce Association Friday morning at the Universal Hilton in Universal City.
SoCal Edison Cuts Power for 4,300 Customers
In its latest bout of weather-related public safety power shutoffs, Southern California Edison on Thursday cut electricity to more than 4,300 customers in Los Angeles and Ventura counties.
September Unemployment Steady in L.A. County
L.A. County’s unemployment rate was unchanged at 4.4 percent in September as education-related hiring offset declines in several other sectors.
Westlake Village Startup Makes Pepperdine’s List of Most Fundable Companies
Westlake Village’s Giftz was among the 15 most fundable companies, as ranked by the Graziadio Business School at Pepperdine University in Malibu.
Woodbridge’s Shapiro Sentenced for $1.3 Billion Ponzi Scheme
Robert Shapiro of Sherman Oaks was sentenced Tuesday to 25 years in prison after pleading guilty to conspiracy and tax evasion charges related to his orchestration of a $1.3 billion investment fraud scheme.
Credit Unions Call Off Merger
Pasadena’s LA Financial Federal Credit Union and Ventura County Credit Union called off a proposed merger following “many discussions and much due diligence.”
Preview: Burned Once But Not Again
Insurance carriers hike premiums, nix renewals after wildfires.
Preview: End of Indie Contractors Means Employer Woes
New rule impacts sectors from music to ridesharing.