Pasadena based East West Bancorp has made an announcement that they have performed better than they had expected and therefore their incomes have gone up in the first quarter of the financial year 2013.

El Segundo toy maker Mattel has said that they have seen sharp rise in their net income which has helped them to offer better performance for the year 2013.

New York based Tumblr has made an announcement that they are looking for better expansion plans and therefore they have come up with new Los Angeles office that can allow them to handle their business operations in Los Angele

Glendale based DreamWorks Animation SKG Inc has made an announcement that they have bought the rights for Troll Doll brand which is a part of Denmark’s Dam family.

Los Angeles based Pacific Health Corp has made an announcement that they have decided to suspend operations at their three hospital sites.

Los Angeles based Reliance Steel and Aluminum Company has made an announcement that they will come up with financing deal that will be for the acquisition of Metals USA Holdings Corp.

Sony Corp of America has made an announcement that they have decided to come up with the new cloud business that they will handle with their Los Angeles based subsidiary.

Los Angeles based production company Participant Media has made an announcement that they have come up with the new cable channel called Pivot.

The report also claims that the number of jobs that have been generated are more than the number of layoffs in the state.

As per the local research reports there are many PR firms that have managed to secure offices in the city.

Beverly Hills based Village Roadshow Entertainment Group has made an announcement that they have sold Concord Music Group to a private equity firm in a deal.

The city unemployment rate has now edged up to 10.4% which is the biggest challenge for the city.

Los Angeles based Rhythm and Hues have been into deeper financial problems just few months ago and that is when they decided to announce that they are bankrupt.

Los Angeles based Rhythm and Hues that have been in news for bankruptcy and for eliminating some of the workers because of the financial loss has said that they are finding work in Taiwan and therefore they are hiring more pe

Los Angeles based Karlin Real Estate has made an announcement that they still believe that Austin is one of the top markets in the real estate scenario and therefore they are going ahead with more acquisition in the Austin ma

Nashville based Courage Capital Management has made an announcement that they are planning to grow their offices and therefore they have come up with their new office in Los Angeles that will allow them to expand their busine

According to the new report provided by SNL Kagen the business of pay TV has increased in Los Angeles over the period of months.

Los Angeles based Rhythm and Hues has made an announcement that they have finally found the first bidder for the company.

Los Angeles based Content Partners LLC has made an announcement that they have decided to buy 50% stake in the CSI television franchise from Goldman Sachs.

Garcetti said that the LA City Council has already approved the plan and that it will help to curb runaway production in the future.