LA BUSINESS JOURNAL DAILY NEWS
Pasadena mobile game maker Industrial Toys announced Tuesday that it has secured $5 million in Series A funding from Accel Ventures, according to a statement.
DreamWorks Animation SKG Inc. on Tuesday said Brenda Freeman, a former marketing executive at Turner Animation, will be become its head of television marketing.
In Tuesday trading, the Dow Jones industrial average closed up 75 points to 16,533. The Nasdaq rose 69 points, or 1 percent, to 4,268. The S&P 500 rose 13 points, or 1 percent, to 1,886. The LABJ Stock Index rose 2 points, or 1 percent, to 193.
YouTube multichannel network Machinima announced Monday that Chad Gutstein, former chief operating officer at Ovation television network, will become the company’s new chief executive
Century City private equity firm Ares Management filed for an initial public offering on Monday.
Apollo Medical Holdings Inc. on Monday said it secured up to $12 million in capital from Fresenius Medical Care North America, a chain of dialysis clinics in Waltham, Mass.
In Monday trading, the Dow Jones industrial average closed up 135 points, or 1 percent, to 16,458. The Nasdaq rose 43 points, or 1 percent, to 4,199. The S&P 500 rose 15 points, or 1 percent, to 1,872. The LABJ Stock Index rose 2 points, or 1 percent, to 190.
Shares of MannKind Corp. fell 7 percent on Friday after the FDA staff raised safety questions about the company’s inhalable insulin device, which could limit its use for certain patients.
Culver City YouTube network Fullscreen announced Friday that it has acquired ScrewAttack, a Dallas website and YouTube channel for video gamers.
The Los Angeles Business Journal’s index of largest local public companies fell slightly for the week.
In Friday trading, the Dow Jones industrial average closed up 59 points to 16,323. The Nasdaq rose 5 points to 4,156. The S&P 500 rose 9 points to 1,858. The LABJ Stock Index rose 1 point to 188.
Beverly Hills real estate crowdfunding company Realty Mogul has raised $9 million in Series A financing from Canaan Partners, according to a press release.
Collective Digital Studio, a Los Angeles multichannel YouTube network, has received an eight-figure minority investment from German media giant ProSiebenSat.1 Group, according to a statement released on Thursday.
The board of Long Beach Transit voted Thursday to cancel the transit agency's contract for 10 of BYD Motors Inc.’s electric buses.
The Los Angeles Area Chamber of Commerce on Thursday announced its endorsement of former Santa Monica councilman and Kennedy clan member Bobby Shriver for county supervisor.
Cal State Northridge will rename its business school after David Nazarian following a $10 million gift by the L.A. tech and real estate investor.
NBCUniversal is shutting down two websites next month after failing to find buyers for either property, according to media reports on Thursday.
Santa Monica alternative currency payment processor GoCoin announced today that it had raised $1.5 million in Series A funding. The round was led by Silver Spring, Md., bitcoin online retailer Bitcoin Shop Inc. and Owen Van Natta, former chief operating officer of Menlo Park Internet giant Facebook Inc.
In Thursday trading, the Dow Jones industrial average closed down 5 points to 16,264. The Nasdaq fell 22 points to 4,151. The S&P 500 fell 4 points to 1,849. The LABJ Stock Index rose less than 1 point to 187.
The USC Annenberg School for Communication and Journalism announced Wednesday that veteran broadcaster Willow Bay has been named director of its School of Journalism. Bay also is the wife of Walt Disney Co. Chief Executive Bob Iger.