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Tutor Perini Corp. achieved a record backlog of contracts worth $8.7 billion during the second quarter, with higher-than-expected net income and lower revenue, the company announced Tuesday.
Shares of Salem Media Group moved higher Monday after the company announced it will replace Jeff Steele, host of its Singing News Radio Network’s countdown show for Southern Gospel music, with radio personality Rodney Baucom.
Chick-fil-A opened a new restaurant Thursday at 6400 Fallbrook Ave. in West Hills.
Mission Valley Bancorp announced earnings for the first half of 2018 of $2.17 million, a slight decrease from the $2.21 million posted last year.
Online brokerage firm Rex Real Estate has expanded its offerings with a 30-day home buyback guarantee.
Three Chatsworth residents who owned or managed foreclosure rescue companies were sentenced Monday for their roles in a mortgage fraud, the Department of Justice announced.
The United Chambers of Commerce of the San Fernando Valley and Region has issued a statement of support for the Westfield Promenade 2035 Project as it enters its environmental impact review phase, the organization announced Monday.
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LTC Properties Inc. has entered into a new amended unsecured credit agreement to replace its previous unsecured credit agreement from 2014, the company announced Thursday.
The board of Los Angeles County Metropolitan Transportation Authority, or Metro, voted Thursday to build a light rail system down the center of Van Nuys Boulevard.
A pair of health-related companies in the Valley region announced they joined the Russell 3000 Index this week.
The Sherman Oaks Chamber of Commerce has announced the eight winners of its Golden Oak Awards. The winning businesses will be honored at an Award Gala at Club Aston on the lot of Galpin Motors in North Hills on July 20.
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Farmers Insurance has promoted Rob Howard to the position of chief claims officer, effective June 11.
Tutor Perini Corp. announced Friday that its joint venture with Frontier-Kemper has won a contract to build tunnels for Los Angeles County Metropolitan Transportation Authority’s Purple Line Extension project.
Shares of BlackLine Inc. rose Tuesday after the company announced the hiring of Mark Woodhams, a former sales executive at NetSuite, as senior vice president of global sales effective July 1.
A Pacoima developer plans to build an assisted living facility at 17017 Ventura Blvd. in Encino, according to the Real Deal.
Higher lemon prices propelled Limoneira Co. to higher net income and revenue during the company’s fiscal second quarter.
Public Storage’s affiliate in Europe, Shurgard Self Storage Europe, is considering an initial public offering.
A survey of more than 700 business leaders in L.A. County found that taxes, government regulation and housing are their top concerns.
AmaWaterways has christened river cruise ship AmaLea with a ceremony in Vilshofen, Germany.
Capstone Turbine Corp. has sold a 1.4 megawatt generator to a client in the United Kingdom.
B. Riley Financial Inc. has raised nearly $97 million in a senior note placement, the company announced Thursday.
HUB California has hired Mark Dobbs as a vice president for its national Real Estate Specialty Practice in Westlake Village.
The Park Place apartment complex at 8700 De Soto Ave. in Canoga Park has sold for nearly $17.6 million, according to the Encino office of brokerage Marcus & Millichap Inc.
Losses grow at Tix Corp. while ImmunoCellular Therapeutics Ltd. narrows its losses.
NetSol reports profitable quarter while Sienna Biopharmaceuticals has a loss.
Interlink Electronics Inc. reports lower revenue and earnings, while Second Sight has a widening loss.
Tejon Ranch Co. had net income for the first quarter in contrast to a loss during the same period a year ago, the company announced Monday.
Shares of California Resources Corp. gained more than 22 percent Friday, buoyed by the company’s quarterly financial results announced on Thursday.
Capstone Turbine Corp. has selected Cal Microturbine as the company’s exclusive distributor for all vertical markets in California, Capstone announced Friday.
Semtech Corp. has acquired substantially all the assets of IC Interconnect Inc., a private provider of services to the silicon chip manufacturing industry from its facilities in Colorado Springs, Colo.
BYD Motors Inc. unveiled the first of 11 delivery trucks it is building for San Francisco Goodwill, a nonprofit chain of thrift stores.
NBCUniversal’s Chief Executive Steve Burke took home $46.5 million last year, slightly more than the $46 million in 2017, according to filings with the Securities and Exchange Commission on Monday.
Liquidation firm Great American Group has partnered with Tiger Capital Group sell off the inventory of 212 locations of Bon-Ton Stores Inc.
In a combination of restructuring firms, L.A.-based Beilinson Advisory Group has purchased Omni Management Group in Woodland Hills, the companies announced Thursday.
Los Angeles City Council approved proposed rules for a sidewalk vending program on Tuesday.
Amgen Inc. said a new study showed its drug Aimovig is an effective preventive treatment migraine patients who have tried other treatments that either didn’t work or had intolerable side effects, the company announced Tuesday.
Shares of Simulations Plus Inc. rose more than 6 percent Tuesday after the company reported results for its second fiscal quarter.
Limoneira Co. has formed Grupo Argentino, a cooperative arrangement between the company and leading citrus packers in Argentina, the company announced Tuesday.
AeroVironment Inc. has conducted a maritime demonstration of the automated sensor-to-shooter function for its Puma and Switchblade drones from a U.S. Navy ship, the company announced Monday.
The Oaks Club at Valencia is the new name for the golf course formerly known as the Tournament Players Club Valencia.
Shares of MannKind Corp. fell nearly 25 percent Friday, after the company announced a $28 million stock offering.
Apollo Medical Holdings Inc. has announced its fiscal year results, but the financial numbers only reflect 23 days’ of the company’s performance.
13% Increase in passengers at Hollywood Burbank Airport
Hollywood Burbank Airport reported an airline passenger count of 370,230 in January, a 13 percent increase compared to the same month a year ago.