Los Angeles Business Journal

LA FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

UTi Worldwide, California Resources Corp. Among This Week’s Movers

The Los Angeles Business Journal’s index of the largest local public companies was up for the week. The weighted LABJ index rose 3 percent to close at 227, with gainers outpacing losers 119 to 30. Seven companies closed the week unchanged.

Stocks Rise

The Dow Jones industrial average rose 34 points in Friday trading to close at 17,084. The S&P 500 rose one points to 2,015. The Nasdaq rose 20 points to 4,830. The LABJ Stock Index rose one point to 227.

Stocks Rise; General Finance Corp. is Up, Cadiz Falls Again

The Dow Jones industrial average rose 139 points in Thursday trading to close at 17,051, the first time it has closed above 17,000 since August. The S&P 500 rose 18 points to 2,013. The Nasdaq rose 20 points to 4,811. The LABJ Stock Index rose two points to 226.

Stocks Rise; NantKwest Climbs, Cadiz Dries Up

The Dow Jones industrial average rose 122 points in Wednesday trading to close at 16,912. The S&P 500 rose 16 points to 1,996. The Nasdaq rose 43 points to 4,791. The LABJ Stock Index rose three points to 224.

Markets Mixed; BreitBurn Energy Partners Soars, Cadiz Tanks

The Dow Jones industrial average rose 14 points in Tuesday trading to close at 16,790. The S&P 500 fell seven points to 1,980. The Nasdaq fell 33 points to 4,748. The LABJ Stock Index fell two points to 221.

Stocks Up; Mattel Rises, Cadiz Sinks

The Dow Jones industrial average rose 304 points in Monday trading to close at 16,776. The S&P 500 rose 36 points to 1,987. The Nasdaq rose 73 points to 4,781. The LABJ Stock Index rose three points to 223.

Point.360, Broadway Financial Among Week’s Movers

The Los Angeles Business Journal’s index of the largest local public companies was up for the week. The weighted LABJ index rose 1 percent to close at 220, with losers outpacing gainers 84 to 66. Eight companies closed the week unchanged.

PE Roundup: Private Equity Deals Announced This Week

West L.A.’s Caltius Equity Partners announced last Friday that it had made an investment in MC Sign Co., a Mentor, Ohio, sign and lighting repair and maintenance company. Terms were not disclosed.

Stocks Rise

The Dow Jones industrial average rose 200 points in Friday trading to close at 16,472. The S&P 500 rose 28 points to 1,951. The Nasdaq rose 81 points to 4,708. The LABJ Stock Index rose two points to 220.

Westlake Hit With $44 Million Enforcement Action

The Consumer Financial Protection Bureau announced Thursday it had ordered billionaire Don Hankey’s auto finance company to refund $44.1 million to customers it alleges the company wronged through illegal debt collection tactics.

Stocks Mixed; U.S. Auto Parts Soars, Second Sight Medical Products Falls

The Dow Jones industrial average fell 13 points in Thursday trading to close at 16,272. The S&P 500 rose four points to 1,924. The Nasdaq rose seven points to 4,627. The LABJ Stock Index rose one point to 217.

Stocks Rise; Staar Surgical is Up, Ceres Tanks

The Dow Jones industrial average rose 236 points in Wednesday trading to close at 16,285. The S&P 500 rose 36 points to 1,920. The Nasdaq rose 103 points to 4,620. The LABJ Stock Index rose five points to 217.

Stocks Mixed; Qualstar Rises, Ritter Pharmaceuticals Tanks

The Dow Jones industrial average rose 47 points in Tuesday trading to close at 16,049. The S&P 500 rose two points to 1,884. The Nasdaq fell 27 points to 4,517. The LABJ Stock Index rose one point to 212.

Stocks Fall; TrueCar Soars, NantKwest Sinks

The Dow Jones industrial average fell 313 points in Monday trading to close at 16,002. The S&P 500 fell 50 points to 1,882. The Nasdaq fell 143 points to 4,544. The LABJ Stock Index fell six points to 211.

Simulations Plus, Boingo Wireless Among This Week’s Movers

The Los Angeles Business Journal’s index of the largest local public companies was up for the week. The weighted LABJ index rose 3 percent to close at 217, with losers outpacing gainers 96 to 54. Eight companies closed the week unchanged.