LA BUSINESS JOURNAL DAILY NEWS
Arrowhead Research Corp. on Monday said that it raised $36 million in a private offering.
In Monday trading, the Dow Jones industrial average closed down 5 points to 14,969. The Nasdaq rose 14 points to 3,393. The S&P 500 rose 3 points to 1,617. The LABJ Stock Index fell 1 point to 164.
CraveOnline, which publishes content for men, announced Friday that it has built a 4,000-square-foot studio at its Ladera Heights headquarters.
Boingo announced Monday that it has appointed Nick Hulse as president, replacing Chief Executive Dave Hagan in the role.
Panna launched in November as a cooking app for iPads. On Monday it announced a $1.35 million funding round led by Santa Monica’s Anthem Venture Partners.
Ray Irani, former chief executive of Occidental Petroleum, was forced off the Westwood oil giant’s board on Friday.
L.A. billionaire Thomas Barrack Jr.’s Colony Capital LLC is spinning off another business to the public markets, with Colony American Homes, a buyer of rental homes, filing with securities regulators for an initial public offering.
The Los Angeles Business Journal’s index of largest local public companies gained strongly for the week.
In Friday trading, the Dow Jones industrial average closed up 142 points to 14,974. The Nasdaq rose 38 points to 3,379. The S&P 500 rose 17 points to 1,614. The LABJ Stock Index rose 2 points to 165.
Shares of Staar Surgical Co. jumped nearly 29 percent on Thursday after the ophthalmology products company reported a better-than-expected first quarter
The parent of the Applebee’s and IHOP restaurant chains reported a first quarter profit that beat Wall Street forecasts, even as revenue fell sharply.
A smaller Dole Food Co. produced as much revenue as expected by analysts in its fiscal first quarter, but its profits failed to meet projections due to litigation expenses.
In Thursday trading, the Dow Jones industrial average closed 130 points, or 1 percent, to 14,831. The Nasdaq rose 41 points, or more than 1 percent, to 3,340. The S&P 500 rose 15 points, or nearly 1 percent, to 1,597. The LABJ Stock Index rose more than 1.5 points to 163.
Electric vehicle charging station operator 350Green announced Thursday that it has been acquired by Car Charging Group for $5.2 million.
When Hubber goes live later this month, car-owners will be able to rent out their vehicles while they are out of town and visitors to the city will be able to use those vehicles for a fee.
Tutor Perini Corp. swung to a profit in the first quarter, as the Sylmar construction firm saw an increase in work that ranged from gaming projects in Nevada to fixing damage caused by Hurricane Sandy.
A Montana stock brokerage has bought downtown L.A.’s Crowell Weedon & Co., the oldest local brokerage and one of just a few remaining in Los Angeles.
Favorable weather and a strong uptick in sales of guns and ammunition propelled Big 5 Sporting Goods Corp. to a better-than-expected first quarter, with shares jumping more than 9 percent on Wednesday.
In Wednesday trading, the Dow Jones industrial average closed down 139 points, or 1 percent, to 14,701. The Nasdaq fell 20 points, or 1 percent, to 3,299. The S&P 500 fell 15 points, or 1 percent, to 1,583. The LABJ Stock Index fell 1 point to 161.
DreamWorks Animation has announced that it will acquire YouTube multi-channel network AwesomenessTV.