Also . . .
* Viewlogic Systems Inc., a Marlborough, Mass.-based maker of software and services for advanced electronic systems, said it plans to acquire Camarillo-based Transcendent Design Technology. Terms were undisclosed. Transcendent is a provider of electromechanical design and consulting services.
* Central Financial Acceptance Corp., a Commerce-based specialized consumer finance company that primarily serves the financing and air travel needs of low-income immigrants, said second-quarter net income rose to $1.4 million, or 19 cents per share, compared with $1.2 million, or 16 cents, a year ago. Revenue rose to $12.8 million from $11.2 million.
* Santa Monica-based financial services company Fremont General Corp. reported second-quarter net income of $34.9 million, or 52 cents per share, compared with $32.6 million, or 51 cents, a year ago. Revenue rose to $336.1 million from $236.3 million.
* Woodland Hills-based Panavision Inc., a designer and maker of feature film camera systems, reported a second-quarter net loss of $7.7 million, or 96 cents per share, compared with a net loss of $56.6 million, or $3.57, a year ago. Revenue rose to $47.2 million from $46 million on increased sales of lighting rentals.
* Professional Bancorp Inc., the Santa Monica-based holding company for its wholly owned subsidiary First Professional Bank, reported second-quarter net income of 292,000, or 14 cents per share, compared with $224,000, or 13 cents, a year ago.
* Lebec-based Tejon Ranch Co. reported a second-quarter net operating loss of $575,000, or 5 cents per share, compared with a net loss of $943,000, or 7 cents, a year ago. Revenue fell to $6.7 million from $7.6 million. The company attributed the lower revenue to fewer cattle sales during the period.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.