San Fernando Valley Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

CRC Oversubscribed on $2.8 Billion Debt Swap

California Resources Corp. has announced early participation results of its private offer to exchange newly issued 8 percent notes for previously issued notes with interest rates between 5 and 6 percent.

Pfizer to Acquire Kythera Parent Allergan

Drug giant Pfizer Inc. said Monday that it is purchasing Allergan Plc for approximately $160 billion, which would create the world’s largest drug developer.

CVS Adds Amgen's Repatha to Formulary

Thousand Oaks biotech Amgen Inc. announced on Monday that CVS Health has added its cholesterol-lowering drug Repatha to its list of covered medications for private insurance plans.

Wesco Misses Analyst Estimates

Wesco Aircraft Holdings Inc. fell short of Wall Street expectations for revenue and net earnings in the fiscal fourth quarter.

Feds Indict Supplement Maker Vibrant Life

The Department of Justice filed criminal charges against Sylmar-based supplement maker Vibrant Life on Tuesday.

Trio-Tech Improves in Third Quarter

Trio Tech International Inc. improved its net income during its fiscal first quarter even though revenue decreased slightly.

Sun Valley Lighting Firm Acquired

National stage and theatrical lighting services firm 4Wall Entertainment Lighting has acquired the assets of Entertainment Lighting Services in Sun Valley.

Low Oil Prices Turn California Resources to Loss

Low oil and gas prices resulted in a significant loss for California Resources Corp. in the third quarter.

Teledyne to Buy Back Shares

Teledyne Technologies Inc. said Wednesday it will repurchase more than 1 million shares of its common stock for about $100 million.

Ixia Reports Record Quarter

Ixia beat analyst estimates Tuesday with third-quarter results that included record U.S. revenue.

Ceres Signs Alfalfa Development Deal

Agricultural biotech Ceres Inc. announced Monday that it has signed an agreement with Forage Genetics International to develop and market improved alfalfa for livestock feed.

Drug Prices Drive Amgen Higher

Amgen Inc. beat Wall Street expectations with its third-quarter financial results on Wednesday.

SunBrite TV Sold to SnapAV

Outdoor television and digital signage manufacturer SunBriteTV has been sold to SnapAV, a manufacturer and distributor of audio and video products.

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Up in Smoke For Pot Firm?

Investments: GrowLife trades halted by manipulation fears.

Investments: An SEC-imposed halt in trading could wither GrowLife’s prospects.

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No Such Thing as Women’s Work

Entrepreneurs: Local firms prosper in non-traditional industries.

Entrerpeneurship: Women-owned businesses diversify across industries.