LA BUSINESS JOURNAL DAILY NEWS
Leonard Green & Partners, the Westwood private equity firm that already has investments in retailers J. Crew and London’s Topshop, is getting deeper into denim, planning to buy Lucky Brand Jeans from New York’s publicly traded Fifth & Pacific Cos. for $225 million.
Platinum Equity on Tuesday said that it has agreed to acquire Volvo Rents from Sweden’s Volvo Group in a deal valued at $1.1 billion.
The Los Angeles Convention Center has a new management team focused on increasingly profitability at the Downtown Los Angeles venue, operator AEG Facilities announced Tuesday.
ValueClick Inc. announced late Monday that it has agreed to sell all of its websites to IAC/Interactive Corp., the New York digital media company run by Barry Diller.
Los Angeles plastic pipe maker JM Eagle Manufacturing Co. has accused lawyers in a successful whistleblower case against it of making false and defamatory statements after a jury returned a verdict against the company and its former parent company, Formosa Plastics Corp. USA.
Russ Reid, founder of direct marketing firm Russ Reid in Pasadena, died Dec. 7 at his home in Sierra Madre. He was 82 years old.
In Tuesday trading, the Dow Jones industrial average closed down 52 points to 15,973. The Nasdaq fell 8 points to 4,060. The S&P 500 fell 6 points to 1,802. The LABJ Stock Index fell less than 1 point to 176.
The Culver City company on Tuesday announced that it has appointed Sean Moriarty to lead the business. He replaces interim chief executive Margo Spiritus.
Santa Monica marketing tech startup Shift is making a push into overseas markets with the help of a $6 million capital infusion from London investor DN Capital.
One in five Los Angeles area employers plan to hire more workers during the first quarter, the best showing in several years, according to a survey released today from Manpower Inc.
EdgeCast will function as Verizon’s main provider of content delivery services and is part of the Basking Ridge, N.J. wireless company’s effort to expand its array of digital services.
TYT Network, a multichannel network that airs episodes of political talk show “The Young Turks,” last month moved into a 6,000-square-foot office in Culver City.
Hines Real Estate Investment Trust Inc. of Houston agreed last week to buy the expansive Howard Hughes Center in Marina del Rey for $506 million.
Aecom Technology Corp. has received a contract to resume program management of construction projects planned by the Libyan government's Housing and Infrastructure Board that were suspended during that country’s 2011 revolution.
The Justice Department is taking over a private whistleblower lawsuit against IPC The Hospitalist Co. Inc., alleging the company overbilled the government’s Medicaid and Medicare programs, the department announced Monday.
Walt Mossberg and Kara Swisher, founders of the respected tech news site AllThingsD, reportedly have signed a joint venture with NBCUniversal to create an online news and conference business after they leave News Corp. at the end of the year.
In Monday trading, the Dow Jones industrial average closed up 5 points to 16.026. The Nasdaq rose 5 points to 4,069. The S&P 500 rose 3 points to 1,808. The LABJ Stock Index rose less than 1 point to 177.
Shares of OSI Systems Inc. fell nearly 10 percent on Friday after the company announced that the U.S. Transportation Security Administration canceled a $60 million order for its airport screening machines.
The Los Angeles Business Journal’s index of largest local public companies closed down slightly for the week.
In Friday trading, the Dow Jones industrial average closed up 199 points, or 1 percent, to 16,020. The Nasdaq rose 29 points to 4,063. The S&P 500 rose 20 points, or 1 percent, to 1,805. The LABJ Stock Index rose more than 1 point to 176.