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MGA's L.O.L. Dolls Become Year's Bestselling Toy

More than a decade after its pouty-lipped Bratz dolls were dubbed the world’s most popular doll, Van Nuys toy maker MGA Entertainment Inc. has scored another chart-topper with its L.O.L. Surprise Tots. The collectible playthings were the No. 1 best-selling toy year-to-date as of November, according to NPD Group Inc., a Port Washington, N.Y.-based retail market research firm.

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Amgen Stock Drops After Missing Revenue Target

Amgen Inc. on Wednesday released first quarter results that beat Wall Street expectations for earnings but missed on revenue. Its stock price fell more than 3 percent in after-hours trading.

Simulations Plus Closes on Purchase of Liver Software Firm

Simulations Plus Inc. on Thursday completed its acquisition of Dilisym Services Inc., a North Carolina software company that makes a program for modeling drug-induced liver damage. Simulations Plus had previously announced its intention to buy the company on May 1.

DineEquity CEO Resigns

DineEquity Inc. Chief Executive Julia Stewart will step down from her role effective March 1, the Glendale restaurant group announced Friday.

Medtronic Insulin Pump Approved for Pediatric Patients

Medtronic’s closed-loop insulin pump is now approved for use in young patients with Type 1 diabetes, expanding the market for the medical device, the company announced Thursday.

Avery’s Stock Sinks Despite Earnings Bump

Avery Dennison Corp. (AVY) on Wednesday reported an increase in earnings, but it apparently discouraged investors who drove down the stock price more than 6 percent.

ApolloMed Appoints CFO

Apollo Medical Holdings Inc. has appointed Eric Chin as chief financial officer. He will succeed the current CFO, Mihir Shah, effective July 1.

Amgen Falls Short in Fourth Quarter

Amgen Inc. released fourth-quarter and full-year financial results that missed Wall Street expectations on both earnings and revenue, after which its stock slipped in after-hours trading.

Kurland to Step Down as PennyMac CEO

PennyMac Mortgage Investment Trust Chief Executive and Chairman Stanford Kurland will step down from his position effective Jan. 1, the company announced Tuesday.

Avery Dennison Posts Higher Results

Avery Dennison Corp. (AVY) on Wednesday reported first-quarter results that beat Wall Street expectations and prompted the Glendale firm to raise its guidance for the fiscal year.

Amgen Announces Quarterly Results, Exec Retirements

Amgen Inc. beat Wall Street estimates on second-quarter earnings and revenue.

Cheesecake Meets Wall Street Expectations in Q4

Cheesecake Factory Inc. released on Wednesday its financial results for the fourth quarter and full year of 2017.

Year-Round Magic Mountain Will Benefit Santa Clarita

Six Flags Magic Mountain will welcome guests 365 days a year beginning Jan. 1, the Valencia theme park announced Wednesday.

Avita Medical Takes Over Lease for Ventura Plant

Medical device firm Avita Medical has agreed to acquire the lease for a 23,000-square-foot Ventura manufacturing plant from a manufacturing vendor effective July 1, the company announced Thursday.

Amgen, Novartis to Test Alzheimer’s Drug

Amgen Inc. and Novartis International, a Swiss biopharmaceutical company, have launched a new clinical trial to assess the effectiveness of their co-developed drug for the prevention of Alzheimer’s disease in high-risk patients.

Cheesecake Reports Mixed Results

Cheesecake Factory Inc. on Wednesday released preliminary financial results for the second quarter, beating Wall Street estimates for earnings but missing on revenue.

MannKind Added to Nasdaq Biotech Index

The stock of MannKind Corp. – in danger of being delisted a year ago – got something of a vote of confidence Monday when it was announced the stock will be added to the Nasdaq Biotechnology Index effective Dec. 18.

Americas United Bank Acquired

The Bank of Southern California, based in San Diego, has completed its previously announced acquisition of Americas United Bank in Glendale.

Avery Dennison Closes Deal for Hanita

Avery Dennison Corp. has completed the acquisition of pressure-sensitive materials manufacturer Hanita Coatings RCA Ltd.

Tutor Perini Wins Virginia Highway Contract

Sylmar construction firm Tutor Perini Corp. has received a $107 million contract from the Virginia Department of Transportation for a highway improvement project in Norfolk, the company announced on Monday.