Joel Russell

Editor

Joel Russell is editor of the Business Journal and is responsible for the content of the publication.

Email: jrussell@sfvbj.com
Phone: 818-316-3125 Extension: 116

Recent Stories

HemaCare Turns Profitable in First Half of 2017

HemaCare Corp. announced Monday a 50 percent increase in revenue and a swing from losses to profits during the first six month of the year.

The Number

36th: Los Angeles’ ranking for stress

Where L.A. ranks in the most-stressful cities list.

JPL Launches ‘Eyes on the Eclipse’ App

Jet Propulsion Laboratory in La Canada-Flintridge has developed an app so people can preview Monday’s solar eclipse, the aerospace research and development facility announced Thursday.

Earnings: Apollo Medical Holdings, ImmunoCellular Therapeutics

Apollo Medical revenue grows 236 percent, ImmunoCellular trims losses.

First Solar Project at Van Nuys Airport

Aeroplex/Aerolease Group announced Monday the first solar power project at Van Nuys Airport.

Viking Expands Cultural Marketing Partnerships

Viking Cruises has expanded its portfolio of marketing partnerships with the announcement of three new agreements with cultural institutions.

Earnings: Interlink, Talon

Interlink reports higher revenue, while Talon’s revenue declines.

Earnings: LTC Properties, Capstone Turbine

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

Tutor Perini's Mixed Quarter

Tutor Perini Corp. announced quarterly results Monday that exceeded Wall Street expectations on net income but fell short on revenue.

Earnings: Salem Media, B. Riley, MannKind

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

Theft Leads To Art at PALS Auction

Motley Crue member, NoHo designer donate items for sale.

Police and artists come together for a fundraiser.

Feds Join Lawsuit Against L.A. Over Housing Funds

The United States has joined a lawsuit against the City of Los Angeles and the defunct Community Redevelopment Agency alleging that they fraudulently obtained housing grants, according to the Department of Justice.

L.A. to Host 2028 Olympics

Los Angeles will be the host city of the 2028 Summer Olympics, a post on the International Olympic Committee website announced Monday.

Tease photo

On Assignment Misses Q2 Estimates

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

CRC Gains 14 Percent on Higher Oil Prices

California Resources Corp. stock rose more than 14 percent Tuesday, spurred by higher oil prices and lower U.S. reserves.

MGA’s New Toy: Little Green Men

MGA Entertainment Inc. has unveiled a new toy line called Awesome Little Green Men.

The Number

Valley region businesses sold in April

April was a hot time for trading of Valley businesses.

Simi Medical Building Sold

Rand Medical Building in Simi Valley has sold for $2.9 million, according to commercial brokerage Marcus & Millichap in Calabasas.

KB Home Buys Van Nuys Subdivision

Storm Properties has sold a development project for 58 houses in Van Nuys to KB Home, the company announced Thursday. Financial terms of the transaction were not disclosed.

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.

Warner Center Office Building Sold

Younan Properties Inc. has purchased Burbank Corporate Center at 21900 Burbank Blvd. in Woodland Hills, the company announced Tuesday. Financial details of the transaction were not disclosed.

Salem to Air Shows from White House

Salem Media Group will host a special broadcast from the White House on July 25, the company announced Wednesday.

Squar Milner Acquires Woodland Hills Accounting Firm

Squar Milner LLP announced Tuesday its acquisition of Sobelman Cohen Moss & Associates in Woodland Hills.

The Number

Millennial homeowner rates.

Galpin’s Boeckmann Enters Ford Hall of Fame

Bert Boeckmann, chairman and chief executive of Galpin Motors, has become the first person to enter Ford Motor Co.’s Dealership Hall of Fame.

GES to Build 'Game of Thrones' Exhibit

GES, an events and attraction design company in Glendale, will create a traveling “Game of Thrones” exhibit based on the cable television show.

Monster Digital Signs Reverse Merger Deal

Monster Digital Inc. has signed a definitive merger agreement with privately held Innovate Biopharmaceuticals Inc., prompting 160 percent gain in its stock price Monday.

Cherokee Receives Nasdaq Notice

Cherokee Inc. has received a letter from the Nasdaq Stock Market citing noncompliance because the company did not submit a quarterly report by the required time.

The Number

Ticket sales spike after Valley Performing Arts Center debuts broader-type attractions.

Disney to Delist Paris Park

Walt Disney Co. has announced plans to delist its Euro Disney theme park from the Paris stock exchange and acquire all its shares.

Cheesecake Plunges on Lower Sales Outlook

Shares of Cheesecake Factory Inc. lost nearly 10 percent of their value Tuesday after the restaurateur announced an updated outlook for its second-quarter comparable sales.

Avery Dennison Opens Research Center

Avery Dennison Corp. has opened an Electronics Solutions and Technology Center in Santa Clara, the company announced Tuesday.

MannKind Seeks Inhalable Drug Partners

MannKind Corp. has hired a consulting firm to find strategic and financial partners for development of its Technosphere platform, the company announced Monday.

Josh Diamond

Star Accountant Josh Diamond

Home Prices Help American Homes Bonds

American Homes 4 Rent on Friday posted its revised “Home Price Appreciation Factor,” which affects returns for the company’s preferred shares.

BlackLine Prices Secondary Offering

BlackLine Inc. has priced its follow-on public offering 3.5 million shares at $33 per share, the company announced Thursday.

AT&T Workers Picket Local Stores

AT&T Inc. workers who are members of the Communications Workers of America walked off the job in 36 states today, with hundreds picketing at the telecom giant’s stores in Burbank and Santa Clarita.

Marcus & Millichap Opens New Ohio Office

Marcus & Millichap Inc. has opened an office of its Institutional Property Advisors division in Ohio.

Provision Acquires Kiosk Patent

A subsidiary of Provision Holding Inc. has received a patent to protect its application of 3D holographic technology for self-service retail kiosks.

MannKind Gains Nearly 16 Percent on Takeover Rumors

Shares of MannKind Corp. gained 15.6 percent Tuesday as the company prepares for its annual shareholder meeting amid takeover rumors.

Salem Promotes Operations Executive

Salem Media Group has named Jeff Reisman an operational vice president in Salem’s Radio Division effective July 1.

The Number

Credit unions see double-digit growth with more small business lending.

BlackLine Files for Stock Offering

BlackLine Inc. has filed papers with the Securities and Exchange Commission for a secondary offering of its common stock, the company announced Friday.

Salem Posts Q1 Earnings, Announces Debt Offering

Salem Media Group Inc. reported net income and revenue below expectations, and also announced a new debt offering.

Glendale Memorial President Retires

Jack Ivie, president of Glendale Memorial Hospital, will retire June 30.

LTC Meets Wall Street Predictions

LTC Properties Inc. reported first-quarter results Monday that met Wall Street expectations.

CRC Shares Gain Nearly 23 Percent

Shares of California Recourses Corp. rose nearly 23 percent Friday after the company reported its quarterly performance.

Coffee Jingle Jazzes Up Music Career

Panorama City artist qualifies as finalist in Folgers ad competition.

Musicians receive positive jolt with coffee jingle success.

On Assignment Climbs 8 Percent on Strong Quarter

On Assignment released first-quarter results that sent its stock up 8.5 percent Thursday.

B. Riley to Manage Hedge Funds

B. Riley Financial Inc. will take over the management of Dialectic Capital Management hedge funds, the Woodland Hills finance company announced Monday.

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