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Nonprofit SBA Lender Hires President
Miguel Angel Juárez has been named president and executive director of Golden State Certified Development Corp., the nonprofit announced Friday.
L.A. County Gains 33,000 Jobs
L.A. County’s economy chugged along at nearly full employment in February as the unemployment rate fell to 4.8 percent and employers added 33,000 jobs to their payrolls, state figures released Friday show.
Answer Financial Signs Lending Tree Deal
Insurance brokerage Answer Financial has formed a partnership with online loan company LendingTree to provide its insurance comparison platform.
Glendale Banker Convicted of Money Laundering
The former manager of a Wells Fargo Bank in Glendale was convicted Friday of money laundering and false bank entry charges in connection with a trademark scam.
Earnings: B. Riley, ImmunoCellular, Second Sight, MRV
Roundup of quarterly reports from Valley companies.
Reports: Top Wells Fargo Execs Leave Bank
The two Wells Fargo regional presidents serving the greater San Fernando Valley area have left the bank, according to media reports.
County Unemployment Falls in January
L.A. County’s unemployment rate dipped back below 5 percent in January despite the usual seasonal loss in payroll jobs, according to state figures released Friday.
Glendale Credit Union Completes Merger
California Credit Union will merge effective Wednesday with North Island Credit Union to serve Los Angeles and San Diego counties.
B. Riley Refinances Gibson Brands Debt
Investment bank B. Riley & Co., a subsidiary of B. Riley Financial Inc. of Woodland Hills, on Tuesday announced the closing of a refinancing transaction for Gibson Brands Inc.
BlackLine Shows Growth in Quarterly Report Debut
BlackLine Inc. generated revenues of nearly $124 million in 2016, the company announced Friday in its first quarterly and full-year report as a public company.
B. Riley in $160 Million Merger
B. Riley Financial announced Tuesday it will merge with FBR & Co in a $160 million transaction.
PennyMac Climbs 11 Percent on Higher Earnings
Stocks rallied more than 11 percent Friday on the fourth-quarter earnings PennyMac Financial Services Inc. reported late Thursday.
Preview: Franchise Rise?
RETAIL: Business model abuzz as economy strengthens.
Economists See Growth Ahead for L.A. County
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.
B. Riley Underwrites Ooma Share Offering
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.