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H2scan Gets $13 Million in Capital

H2scan, a Valencia-based maker of hydrogen sensors, has announced a $13.5 million capital raise from two financers.

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DreamWorks Studios Signs International Distributors

DreamWorks Studios has signed distribution agreements with four partnering companies to serve the European and Middle East markets.

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Around the Valleys

News and notes from the greater San Fernando Valley

The National Transportation Safety Board determined last year’s crash in the Mojave Desert was caused by the builder of SpaceShipTwo not taking into account that human error could result in a catastrophic hazard to the space vehicle.

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Groups to Receive Hearing on Best Buy Project

Neighborhood groups are getting at least one more chance to convince the city that more traffic improvements are needed before the Best Buy electronics store set for Sherman Oaks opens.

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Guitar Center Names CEO

Consumer electronics retailer Mike Pratt has been named chief executive of Guitar Center Inc.

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Online Marketer Expands To Canada

Online marketing firm ReachLocal Inc. has opened a sales office in Toronto to serve small- and medium-sized businesses there.

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Antelope Valley Gold Mine Sells Shares

The owner of an Antelope Valley gold mine has agreed to sell $10 million worth of shares in the company to a syndicate of investors led by a Canadian firm.

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MGA’s Larian Makes $890 Million Offer for Toys R Us Stores

Isaac Larian, the chief executive of MGA Entertainment Inc. in Van Nuys, put in a nearly $900 million bid Friday to purchase Toys R Us stores in the U.S. and Canada.

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β€œToy Story 3” Passes $1 Billion

Disney-Pixar’s β€œToy Story 3” will cross the $1 billion mark at the global box office on Aug. 27, The Walt Disney Studios announced.

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Delta Scientific

BARRICADES: Firm responds to terrorism.

Delta Scientific products consist of high-security vehicle barricade systems, parking control equipment and guard booths.

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Branded Entertainment Reports Record Revenue

Branded Entertainment Network closed 2018 with its highest annual revenue ever, up 52 percent from its 2017 performance, the company announced Tuesday.

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IHOP’s New Ad Campaign Targets Growing Breakfast Business

Family restaurant chain, IHOP is responding to the growing breakfast trend in the restaurant industry by launching a new advertising campaign that highlights its breakfast offerings.

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Ixia Lowers Q1 Guidance As Revenues Drop

Delays in purchasing decisions by its customers contributed to Ixia lowering it guidance for the first quarter.

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Valley homes

Dr. Omid Javaherian recently purchased a new home in Tarzana for $963,000, and as soon as escrow closed he already had received an unsolicited offer to buy the 7,000-square-foot home for $1.15 million.

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Entertainment Partners Acquires Affiliates

Entertainment Partners has acquired its Canadian affiliates to unite their entertainment payroll and tax incentive services, the company announced.

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Briefs: Kythera, USEI Cannabis, TV Academy

Kythera signs Bayer agreement, USEI Cannabis buys wireless operator and the Television Academy launches a fundraising campaign.

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Cinedigm's Dove Channel Streaming on Roku Canada

Cinedigm Inc. has expanded its Dove Channel streaming network to include the Roku platform in Canada, the Sherman Oaks entertainment company announced.

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IHOP Inks Largest Franchise Agreement

Dine Brands Global drives international expansion.

Dine Brands Global Inc., the Glendale restauranteur which owns the IHOP and Applebee’s chains, has signed a franchise development agreement with TravelCenters of America Inc. to open 94 IHOP locations throughout the U.S. over the next five years.

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Sales Increase, Income Drops at Cherokee

Despite an increase in revenues, Cherokee Inc., a Sherman Oaks-based brand management company, reported a decrease in income in the first quarter.

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Luxury Retailer Neiman Marcus Declares Chapter 11

Neiman Marcus Group Inc. filed for Chapter 11 protection from bankruptcy Thursday due to mounting debt and the economic shutdown related to COVID-19