
Foundations help veterans pay for education

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Interlink Electronics shares fall after company reports drop in income

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Third quarter income down at LTC Properties

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MannKind burns through $23.3 million in cash

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PennyMac income down 50 percent from previous quarter

Westlake Village-based PennyMac Mortgage Investment Trust reported on Nov. 2 a net investment income of $75.8 million and a net income attributable to common shareholders of $13.3 million for the quarter ended Sept. 30, down 50 percent from the previous quarter. Diluted earnings per common share were 20 cents, a decrease of 49 percent from Read More →
Westlake Village biotech company MannKind restructures debt

MannKind announced Oct. 23 that it had restructured debt due in 2018, exchanging $27.7 million in convertible notes for $23.7 million due in October of 2021 and nearly 1 million shares of its common stock. The new convertible senior subordinated exchange notes have a rate of 5.75 percent, the Westlake Village-based biotech company said in Read More →