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Latest Local News
The most recent Business Journal articles featured in the Latest Local News section of the Web site.
Ports Expected to Keep Growing
Buoyed by an increase in exports, Los Angeles County will see moderate growth in international trade activity this year after a down year in 2007, according to a new study.
NetSol Posts Profit, Sales Gains in Q3
NetSol Technologies Inc. posted increases in both sales and profit for its third quarter, sending shares up nearly 10 percent Tuesday.
American States Posts Q1 Declines
American States Water Co. posted a dip in first quarter profit but still beat Wall Street's expectations on revenues, sending shares up 3 percent.
Cogent Soars On Q1 Forecast, Settlement
Shares in Cogent Systems Inc. surged 13 percent early Monday after the company said it expects its first-quarter earnings to top Wall Street's expectations but further delayed the earnings report pending a settlement review.
IndyMac Posts Loss, Shares Slide
Shares in IndyMac Bancorp Inc. dropped early Monday after the bank reported a first-quarter loss and said it won’t be profitable soon.
Janitors, Building Owners Reach Deal
The union representing 4,100 janitors in buildings on L.A.’s Westside has reached a tentative contract agreement with building owners and janitorial service contractors, apparently averting a possible strike, union officials and a spokesman for L.A. Mayor Antonio Villaraigosa announced Monday afternoon.
Afternoon Briefs
HemaCare Posts Strong Q1 Earnings.
RadNet Q1 Profit Misses Expectations
Shares in RadNet Inc. closed up more than 3 percent Monday but quickly retreated in after-hours trading when the company’s profit fell short of expectations.
Waldorf-Astoria OK'd
The Beverly Hills City Council on Monday gave final approval to a proposed $500 million revitalization project for the Beverly Hilton Hotel.
Podcast: Preview the Business Journal
Easy access to the Los Angeles Business Journal podcast is available from a link at the upper left corner of the home page. Click the standing link there, or here, to hear Editor Charles Crumpley provide highlights from the May 12 edition.
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