Los Angeles Business Journal

LA BUSINESS JOURNAL DAILY NEWS

IPC Acquires Two Doctors Groups

IPC The Hospitalist Co. Inc. announced on Friday that it has acquired two doctors groups in Florida.

Mandalay Digital, International Rectifier Among Week’s Biggest Movers

The Los Angeles Business Journal’s index of the area’s largest public companies rose for the week.

Retro Draw

If you’re a fan of AMC’s “Mad Men,” then you’ve probably seen actor Jon Hamm lounging in sleek midcentury modern office furniture while sipping a stiff drink as his iconic character, Don Draper.

Clippers Deal Took Six Days of Sleepless Nights

It started with a phone call Friday night at the opening of Memorial Day weekend.

Hitcents Acquires Appmaker Moonshark

Moonshark, a mobile entertainment publisher, has been acquired by Bowling Green, Ky., mobile game studio Hitcents.

Dow, S&P Down; Nasdaq Up; LABJ Flat

The Dow Jones industrial average fell 38 points in Friday’s trading to 17, 001. The S&P 500 fell 4 points to 1,988. The Nasdaq rose 6 points to 4,539. The LABJ Stock Index was flat at 204.

L.A. Launch List

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches.

Poll: What do you think of Steve Ballmer’s $2 billion purchase of the Clippers?

Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition.

Garcetti Appoints L.A.’s First Chief Data Officer

Mayor Eric Garcetti has appointed the city’s first chief data officer as part of his initiative to boost Los Angeles with tech-driven policies.

Facebook Promotes Custom Ad Targeting at Workshop

One important lesson from the workshop dealt with ways to customize content for targeted customers. However, it left some wondering where to draw the line between maximizing social media marketing and protecting customer information.

Fuhu Tops Inc. 5000

El Segundo tablet maker Fuhu earned the number one slot on the 2014 Inc. 5000, an annual list of the fastest-growing privately held companies released by Inc. Magazine.

Levine Leichtman Buys Hot Dog on a Stick

Levine Leichtman Capital Partners, a private equity firm in Los Angeles, announced Thursday it has bought the Hot Dog on a Stick chain.

Business Friendly Finalists Named

Ten cities in L.A. County were named as finalists for the most business-friendly city award, the Los Angeles County Economic Development Corp. made the announcement on Thursday.

Dow, S&P, Nasdaq Up; LABJ Flat

The Dow Jones industrial average gained 73 points in Thursday’s trading to close at 17,040. The S&P 500 rose 6 points to close at 1,993. The Nasdaq rose 6 points to close at 4,532. The LABJ Stock Index was flat at 204.

Fuhu is Nation’s Fastest Growing Private Company

Tablet and children’s app developer Fuhu has topped the Inc. 5000 list, an annual ranking of the fastest-growing private companies in the country, for the second year in a row.

Layoffs Expected After International Rectifier Acquisition

El Segundo semiconductor company International Rectifier Corp. announced Wednesday it will be acquired by a German chip maker for $40 per share in a $3 billion all-cash deal. Layoffs are expected.

Bain Capital Buys Half of Toms

Toms, the Venice shoe company known for its “One for One” policy of donating a pair of shoes to charity for each pair it sells, sold 50 percent of its equity to Bain Capital in a deal announced Wednesday.

Daily Journal to Remain on Nasdaq

Daily Journal Corp , the downtown Los Angeles publisher of newspapers covering the legal world, announced Wednesday it will continue to be listed on the Nasdaq.

Cal/OSHA Fines Menzies Aviation

The state’s worker safety agency has issued citations imposing more than $77,000 in penalties against Menzies Aviation after an investigation uncovered safety violations involved in the death of a worker at Los Angeles International Airport.

Wedbush Responds to Regulatory Complaint

Downtown stock brokerage Wedbush Securities in Los Angeles has responded to a financial industry group’s allegations of problems in its market access operations over the past several years.