Finance News Archive

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Showing 1-20 of 1560 stories from the past year.

The market crash has been delayed again. Just when it looked like the bears were going to take control and push stocks sharply lower, along comes a big ol’ rally.

Major Economic Releases

Contractors, marketing and lots of anniversaries are on the agenda this week for business and professional groups.

San Diego financial services firm Chandler Asset Management is poised to reap about $480 million in benefits from the shakeout at Newport Beach-based Pacific Investment Management Co. (Pimco), after its co-founder Bill Gross left Sept. 26 following a tumultuous year.

San Diego County's employment market stumbled last month, shedding 1,200 jobs after nearly a year of steady growth, according to seasonally adjusted data released Friday by the California Employment Development Department.

The San Diego Stock Exchange Index closed higher Friday at 161.07, up 0.73 percent from Thursday. Declining issues beat advancers 48 to 46 and 98 issues were unchanged. Illumina Inc. (Nasdaq: ILMN) was the top dollar gainer, up $4.68 to $164.91. Zoned Properties Inc. (OTC: ZDPY) was the top dollar loser, down $2.00 to $28.00. For the complete, updated San Diego Stock Exchange Index visit

After last week’s column and my comment on the markets not being too volatile in October, we’re halfway through the month and it has been very volatile.

NuVasive Inc. has announced it will release its third quarter 2014 earnings on Oct. 30 after the Nasdaq trading market closes.

It's probably too early to declare the recent correction in stock prices to be over, but today's early rally is a welcome relief. The Dow industrials jumped 200 points in the first half-hour of trading despite few changes in the circumstances that have dragged down stock sharply in the past two and a half weeks.

Major Economic Releases

After a bang-up second quarter, venture capital took a slight tumble nationally and in San Diego in the third quarter, but not enough to be a cause for concern.

Campaign contributions to San Diego County's 52nd Congressional District have crossed the $10 million mark, making it one of the most expensive races in the country, according to data released Thursday by the Federal Election Commission.

The financial markets were relatively calm Thursday, despite growing concerns about the possible spread of Ebola in the United States.

Sempra Energy announced that its subsidiary SDG&E joined other California utilities to kick off the third annual Careers in Energy Week, a nationwide initiative to promote science, technology, engineering and math education, and Qualcomm Inc. announced a quarterly cash dividend of 42 cents per common share, payable Dec. 18 to stockholders of record at the close of business on Dec. 1, according to company announcements, SEC filings and Bloomberg News.

California Bank & Trust has raised more than $35,000 through this yearís Together4Hope Walk, contributing to the total $100,000 raised for City of Hope.

Qualcomm Inc. announced on Thursday that stockholders of record at the close of business on Dec. 1 will be paid a quarterly cash dividend of 42 cents per common share.

Seacoast Commerce Bank released the unaudited third-quarter results of its operations on Thursday, announcing a net quarterly income of $1 million.

Bull markets take the escalator and bear markets take the elevator. That's the way Sam Stovall from S&P Capital IQ describes the recent chaos on Wall Street. As a rule, corrections like we are experiencing have a tendency to be quick and violent, not unlike an earthquake.

Overland Storage Inc.: (Nasdaq: OVRL) announced the availability of its new NEO XL-Series family of automated tape libraries; and Quidel Corp.: (Nasdaq: QDEL) announced that it received FDA clearance to market its Lyra Parainfluenza Assay, a test to detect human parainfluenza virus, according to company announcements, SEC filings and Bloomberg News.

You know things are getting serious on Wall Street when financial websites are using pictures of the Titanic to accompany stories about the stock market. A sharp decline in European stocks overnight washed across the Atlantic today, causing a big sell-off when trading began.

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