Deborah Crowe is a graduate of the University of Missouri School of Journalism and has more than a quarter decade of experience in covering local and state government, education, politics, business and health care issues. She joined the Los Angeles Business Journal in 2005.
The Health Care & Biotech column gives the Business Journal's readers insight into the various issues faced by those industries, whether they are financial, competitive or regulatory issues. Coverage has looked at the potential impact of health care reform proposals on employers, innovative employee wellness programs being tried locally and efforts by companies to stay competitive by entering new business areas.
Deborah can be reached at 323-549-5225, ext. 232 or by email: firstname.lastname@example.org.
TCP Capital Corp. late Thursday said that it has commenced a public offering of 3.75 million shares of its common stock, proceeds of which will be used to pay down its revolving credit facility.
Rexford Industrial Realty Inc. on Wednesday said that it has acquired Bonita Thompson Industrial Park, a 16.3-acre industrial complex in Pomona.
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.
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.
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.
Shares of Puma Biotechnology Inc. surged 68 percent on Thursday after the cancer drug developer previewed clinical trial results from its lead drug candidate.
UTi Worldwide Inc. fell to a loss in its fiscal third quarter, largely due to higher expenses, but its adjusted earnings met Wall Street expectations. Guess Inc.reported lower fiscal third quarter earnings and cut its full-year revenue forecast. Korn/Ferry International's fiscal second-quarter net income beat analyst expectations, boosted by growth in the staffing company's leadership and talent consulting business.
Robert Kotick reportedly threatened to quit as Activision Blizzard Inc.’s chief executive unless the board accepted his vision of the buyout of most of Vivendi’s stake in the company, according to claims in a shareholder lawsuit over the deal.
Shares of Herbalife Ltd. rose on Tuesday after an appeals court in Belgium handed the Los Angeles supplements company a victory in its battle against charges it runs an unlawful pyramid scheme.