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FDA Panel Inflates Stock

Biotech: Body advises OK for MannKind’s inhalable insulin.

Biotech: FDA advisory panel recommends approval for MannKind’s inhalable insulin.

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Camarillo Oil and Gas Firm Digs Deep in Poland

Energy: BNK Petroleum announces completion of promising gas well.

Energy: BNK Petroleum drills horizontal well in Poland.

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Sports Club Stronger After Exiting Chapter 11?

TURNAROUND: Gym chain Bodies in Motion works on its rehab from bankruptcy.

Tired of the City Life? Try Scrub Brush

Tourism: Antelope Valley city starts Destination Lancaster campaign.

TOURISM: Can Destination Lancaster bring travelers to the Antelope Valley?

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Gallagher Acquires Woodland Hills Brokerage

SGB-NIA Insurance Brokers in Woodland Hills has been acquired by Arthur J. Gallagher & Co., a publicly traded company that is the Valley’s leading brokerage.

Digital Audio Firm Picks Up Video Counterpart

Theaters: Dolby acquires Doremi Labs in Burbank for at least $92.5 million.

Technology: Dolby’s acquisition of Doremi Labs will try to marry audio and video gear.

DreamWorks Gains on New CFO

Shares of DreamWorks Animation SKG Inc. closed up nearly 10 percent on Monday after the company appointed a new chief financial officer and saw its latest movie open strong in China.

The Numbers

The Numbers: Mortgage default notices have spiked in the first quarter.

Around the Valleys

News and notes from around the greater San Fernando Valley area

A $1.1 million settlement has been reached in a 2011 case between defunct debt collection company Forensic Case Management Services Inc. and the Federal Trade Commission.

Double-Chin Drug Company Doubling – Offices

Real Estate: Kythera moves from Calabasas to larger space in Westlake Village.

As Kythera Biopharmaceuticals Inc. waits on the Food and Drug Administration to make a decision on its new drug to eliminate chin fat, the biotech is expanding its office footprint.

Perry Confirmed as Business Czar

The L.A. City Council voted unanimously to confirm former city councilwoman Jan Perry as head of the city’s economic development department.

Beauty Firm Taps Profits from Moroccan Tree

Manufacturing: Oil from exotic Argan nut greases sales at Earthly Body Inc.

Manufacturing: Moroccan tree oil and hemp-based fragrances make Earthly Body a sweet success.


Budweiser pours itself into crafting new brew

Beer: The recipe of a former Van Nuys brew master is now Budweiser Black Crown, a new beer from Anheuser-Busch.

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Creative Office Gets on Track

Development: Two projects boost Burbank’s weak market.

Development: Office renters like Burbank’s rehabbed industrial buildings.

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Bioelectronic Startup Gets $27 Million Jolt In Funding Round

Biomedical: A $27 million investment will help SetPoint Medical treat arthritis with electricity.

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Forget Hollywood ... Head to Conejo?

Tourism: Valley cities band together and form district to boost visitors.

TOURISM: Conejo Valley hoteliers form group to attract weekend travelers.

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Zipped-Up Operation

Apparel: Garment product maker Talon sowed stronger stock with buyback of preferred shares and patent purchase.

Apparel: Talon International hopes its zipper brand will bring in new business.

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Earnings Soar at PennyMac Trust

PennyMac Mortgage Investment Trust reported on Thursday higher second-quarter profit and revenue, citing additional investments in distressed debt and growth in its lending business.

MannKind Stock Soars in Response to FDA Vote

Shares of MannKind Corp. soared Wednesday in response to an FDA advisory panel’s vote to approve the drug Afrezza.

Star Wars Comics Fly Home

Marvel Entertainment will publish “Star Wars” comics and graphic novels starting next year, the company announced Friday.