LA FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
BBCN Bank on Thursday announced that Chief Executive Soo Bong Min had retired.
Fast-casual pizza chain PizzaRev has signed franchise agreements for more than 20 new outlets in five states.
Cherokee Inc., the Sherman Oaks apparel and accessories brand-licensing company, has acquired the Tony Hawk and Hawk Signature apparel brands from Quiksilver Inc. of Huntington Beach for $19 million.
Tour de Pier to set up stationary bikes by beach for benefit.
Tour de Pier offers a different spin on cancer fundraisers with its stationary-bike benefit by the beach.
The Los Angeles Business Journal’s index of largest local public companies rose for the week.
The Dow Jones industrial average closed down almost 8 points to 16,437 in Friday trading. The Nasdaq rose 18 points to 4,175. The S&P rose more than 4 points to 1,842. The LABJ Stock Index rose 2.11 points to close at 183.12.
Pasadena-based Community Bank has named David R. Misch as its chief executive, replacing David Malone.
Prospect Mortgage on Monday said it has acquired Diamond Mortgage Group in Connecticut.
The Los Angeles Business Journal’s index of largest local public companies closed up slightly for the week.
Signature Group Holdings Inc. said its shareholders have approved a proposal to reincorporate in the state of Delaware, the latest effort to reinvigorate the Sherman Oaks holding company.
The Los Angeles Business Journal’s index of largest local public companies rose 34 percent over the past year, in line with gains in the wider markets.
Glendale's Americas United Bank said it plans to purchase the deposits and branch office of Silvergate Bank in Lancaster.
In Monday trading, the Dow Jones industrial average closed up 26 points to 16,504. The Nasdaq fell 2 points to 4,154. The S&P 500 fell less than 1 point to 1,841. The LABJ Stock Index rose 1 point to 181.
The Los Angeles Business Journal’s index of largest local public companies closed up for the week.
Special Report Year In Review: Biotech sector booms; markets bloom
It was the year of the biotech bonanza in Los Angeles. Of this year’s top five share-price gainers on the LABJ Stock Index, three were from that sector, led by Westwood’s Puma Biotechnology Inc.