LA BUSINESS JOURNAL DAILY NEWS
Shares of agricultural biotech Ceres Inc. fell more than 20 percent Wednesday on news of a low pricing for its secondary offering.
In Wednesday trading, the Dow Jones industrial average closed down 36 points to 16,360. The Nasdaq rose 6 points to 4,358. The S&P 500 fell less than 1 point to 1,874. The LABJ Stock Index rose 1 point to 193.
The Los Angeles Business Journal has posted a new weekly poll for readers on issues in the news.
Fullscreen Inc., the Culver City-based YouTube multi-channel network, announced two senior hires Wednesday.
AwesomenessTV, which serves teenage audiences, announced Tuesday it hired TJ Marchetti as chief marketing officer.
Santa Monica’s Demand Media Inc. announced Tuesday the expansion of its Content Solutions service to include graphic design and original photography services.
Israeli software company Perion is in talks to acquire West L.A.’s AirPush, according to a report published Tuesday on TechCrunch. The deal is said to be valued at $170 million.
The Los Angeles City Council voted on Tuesday to ban smoking of electronic cigarettes at all public buildings and restaurants, as well as at parks, playgrounds, beaches, libraries and public schools in the city.
An expansive residential development project in San Pedro nearly 10 years in the making gained final city approval today.
Shares of AeroVironment Inc. rose nearly 5 percent in Tuesday after-hours trading after the Monrovia company reported strong improvement in its fiscal third-quarter profit and revenue on more orders for both its unmanned drone aircraft and electric car battery chargers.
Los Angeles investment adviser Ares Management LLC is in talks to buy Guitar Center Holdings Inc. from its private equity owners, according to a Tuesday media report.
General Finance Corp. has expanded its capabilities in the liquid containment storage industry by signing an agreement to acquire Texas tank operator Lone Star.
The L.A. City Council renewed its approval on Tuesday for a set of tax breaks for the Village at Topanga project by Australian mall developer Westfield Group.
In Tuesday trading, the Dow Jones industrial average closed up 228 points, or more than 1 percent, to 16,396. The Nasdaq rose 75 points, or 2 percent, to 4,352. The S&P 500 rose 28 points, or more than 1 percent, to 1,874. The LABJ Stock Index rose 3.5 points, or 2 percent, to 189.
Shares of RadNet Inc. jumped 18 percent on Monday after the medical imaging services company said it reported a profitable fourth quarter.
Surf Air said that Jeff Potter, former head at Frontier Airlines, has taken over as chief executive of the Santa Monica private membership airline.
Wesco Aircraft Holdings Inc. has closed on its acquisition of a supply-chain management firm serving the aerospace industry in a deal valued at $550 million.
CBRE Group Inc. on Monday said that it closed its acquisition of Valteq Gesellschaft, a German real estate consulting firm.
In Monday trading, the Dow Jones industrial average closed down 154 points, or 1 percent, to 16,168. The Nasdaq fell 31 points to 4,277. The S&P 500 fell 14 points to 1,846. The LABJ Stock Index fell more than 1 point to 189.
Santa Monica video streaming platform Hulu continues to add experienced executives to the company, naming Tim Connolly as its new head of distribution.