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Executives Promoted at PennyMac Financial

PennyMac Financial Services Inc. has announced two promotions within its executive ranks, effective Jan. 1.

Glendale City Councilman to Chair Metrolink

Glendale City Councilman Ara Najarian has been named as the chairman of the governing body of Metrolink, the commuter railway service.

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Top Growers

For companies focused on expansion, it’s time to re-examine the business model.

This year’s Fastest Growing Private Companies list reveals the diversity of the San Fernando Valley region’s economy.

Salem Outperforms During Down Year for Radio

MEDIA: Block time sales provide revenue stability in midst of industry slump. By MARK R. MADLER Staff Reporter Salem Media Group Inc. outperformed its industry in terms of broadcast revenue in the se

Salem Media Group Inc. outperformed its industry in terms of broadcast revenue in the second quarter, according to executives with the Camarillo Christian and politically conservative radio broadcaster, publisher and online content provider.

Aerojet Rocketdyne Acquired for $4.4 Billion

Aerospace and defense giant Lockheed Martin Corp. plans to acquire Aerojet Rocketdyne Holdings Inc. in a deal valued at $4.4 billion.

Eta Compute Series C Gets $12.5 Million

Investment features artificial intelligence marketing deal.

Eta Compute Inc. announced last month it had raised $12.5 million in a Series C round of funding.

BlackLine Promotes Chief Revenue Officer

BlackLine Inc. has promoted Mark Woodhams to chief revenue officer, effective at the start of the new year.

Quarterly Revenue Eludes Netsol, Tix Corp.

Netsol Technologies Inc. fell short of revenue projections, while Tix Corp. reported zero revenue for the quarter.

New Talent at Loop Media’s Content Shop

Greg Drebin brings expertise from Universal Music, MTV.

Short form video distributor Loop Media Inc. has brought on a veteran entertainment industry executive as the chief content and marketing officer for Loop Media Studios.

Bankers Recall ‘Chaotic’ Rollout of PPP Lending

LIST: Rule changes, safety of employees and clients among top challenges.

“It was chaotic to say the least.” That was how Tamara Gurney, chief executive of Mission Valley Bank, summarized the process of giving out Payroll Protection Program loans to small businesses.

NetSol Names Co-Founder as President

NetSol Technologies Inc. has named Naeem Ghauri as its new president, effective immediately.

Semtech, Ripl to Develop Ship Tracking System for Pentagon

Camarillo semiconductor developer Semtech Corp. and Ripl Networks have been selected by the U.S. Defense Department to deploy a tracking product for foreign guest and fleet ships at naval ports.

Teledyne Wins $85 Million Contract for NASA’s Moon Missions

A subsidiary of Teledyne Technologies Inc. has been awarded an $85 million contract to supply two launch vehicle stage adapters for NASA’s Artemis moon missions.

Looming CEO Change Doesn’t Slow BlackLine

FINANCE: Analysts praise Tucker’s management style for the transition.

Looming leadership change doesn’t slow BlackLine Inc as share price flirts with $100.

Publishers Find ‘Mag’ App Easy

MEDIA: Phone-based technology creates online magazines

Jake Warner needed a tool to streamline his workflow as a photographer and media manager for Red Bull’s auto racing series.

Extra Work on Teledyne’s French Acquisition

TECHNOLOGY: Company adjusts terms and price to reach deal with government.

In a rare move by a company that has grown through its acquisitions, Teledyne Technologies Inc. has made only one in the past year.

Avantus’ Buying Spree Fixes on Fastener Firms

Aviation company makes three strategic acquisitions.

Avantus Aerospace in Santa Clarita assembling a fastener division to compete against rivals.

PS Business Parks Finds Tenants ‘Doing Fine’

REAL ESTATE: Big lease improves industrial REIT’s third quarter.

PS Business Parks recruits a major tenant to improve third quarter earnings.

Amgen Submits Lung Cancer Drug for European Approval

Amgen Inc. has submitted for approval from the European Medicines Agency its drug used to treat a mutation of non-small cell lung cancer.

Tutor Reports Big Quarter but Stock Hammered

Tutor Perini Corp. handily beat Wall Street expectations on earnings and revenue for the third quarter, but the Sylmar construction firm saw its share price drop.