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Stocks rallied more than 11 percent Friday on the fourth-quarter earnings PennyMac Financial Services Inc. reported late Thursday.
RETAIL: Business model abuzz as economy strengthens.
Ventura County’s economy will grow little in the next year or two, compared to the neighboring L.A. County, and that’s despite positive impacts anticipated to come from the Trump administration, according to experts at the 2017 Entrepreneur Economic Forecast Conference.
Investment bank B. Riley & Co. is the sole underwriter in a secondary offering of 2.85 million shares of stock in Palo Alto-based communications company Ooma Inc.
Workers on Monday will hold a protest at Providence Tarzana Medical Center, which recently terminated approximately half its housekeeping staff.
Great American Capital Partners will provide a $20 million secured loan to Eleven James Inc. to support the company’s growth.
Investment bankers look forward to a prosperous 2017.
B. Riley & Co. LLC was the joint book-running manager in a public offering of 2.5 million shares of stock in Red Lion Hotels Corp.
L.A. County’s unemployment rate remained unchanged at 5.1 percent in November even as 22,000 jobs were added to employer payrolls in the county, state figures released Friday show.
Two companies have announced layoffs of 210 employees and a third will transfer more than 60 employees to an outside provider.
PennyMac Mortgage Investment Trust Chief Executive and Chairman Stanford Kurland will step down from his position effective Jan. 1, the company announced Tuesday.
Post-election effects on Valley companies; mergers and acquisitions and other major events from the past year for the Valley business community.
Just over a week before it was scheduled to go into effect, a federal law that would have more than doubled the salary threshold for overtime exemption has been blocked by a Texas judge.
The Valley Economic Development Center announced Wednesday it received $2.5 million from Wells Fargo & Co. to expand a minority small business loan program.
Four financial services firms on Tuesday initiated coverage of BlackLine Inc. three weeks after the accounting software developer went public.