Finance News Archive

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Showing 1-20 of 1490 stories from the past year.

In the business of banking, the most important component of any client relationship is the trust developed between the client and the banker. That’s especially true when it comes to serving the legal community.

If you were the principal at an existing firm, how would you ensure top employees are in it for the long haul?

Stocks don't go up forever, nor do they decline forever. After dropping about 500 points in the previous five sessions, the Dow industrials snapped back yesterday with an impressive gain of 190 points. As so often happens, the rally occurred on the day before an announcement from the Federal Reserve.

Major Economic Releases

Union Bank announced that industry veteran Bill Attaway has joined its Retail Consumer Lending group as a mortgage consultant for the greater San Diego area.

Otonomy Inc. announced the enrollment of the first patients in a Phase 2 clinical trial evaluating AuriPro for the treatment of patients with acute otitis externa, or swimmer’s ear, and Excel Trust Inc. announced that stockholders approved the acquisition of Excel Trust by Blackstone, according to company announcements, SEC filings and Bloomberg News.

Five in a row. Stocks extended their recent decline yesterday with a drop in the Dow industrials of 127 points. That makes it five trading days in a row to the downside as investors continue to fret over international situations and turn their attention away from Greece to China.

Major Economic Releases

For many business owners, retirement planning is tied to succession planning and it can be a challenge to determine what takes priority: retirement security or a successful succession strategy. Here are some considerations:

San Diego-based Guild Mortgage, one of the largest independent mortgage bankers in the U.S., had its best six months in history for the period ending June 30.

Apricus Biosciences Inc. borrowed the second and final $5 million available under the credit facility it entered into with Oxford Finance and Silicon Valley Bank, and Isis Pharmaceuticals Inc. reported preliminary results from an investigator-sponsored study in patients with transthyretin amyloid-related cardiomyopathy, showing an up to 88 percent reduction in the transthyretin protein, according to company announcements, SEC filings and Bloomberg News.

Geez, I take a week off and the stock market tanks! I pretty much ignored financial news last week and was a bit surprised to see a 3 percent drop in the Dow industrials and other market indexes. Seems the tension has shifted away from Greece -- tourism there is booming -- and the attention has shifted to the worsening situation in China. The problems there continued this morning with the major Chinese stock market indexes dropping an additional 8.5 percent.

Major Economic Releases

Business and professional groups have planned a range of activities this week.

ServiceNow never reached the level of name recognition in San Diego that Illumina, Taylor Guitars or Life Technologies (now a Thermo Fisher Scientific brand) can claim.

All investors know that to be successful, they must buy low and sell high. Unfortunately, people break the rules of logic when the market starts to fall.

Major Economic Releases

For most companies with more than 50 employees, 2016 will bring significant new Internal Revenue Service (IRS) employer reporting requirements.

Aethlon Medical Inc. announced that Chairman and CEO James Joyce will ring the Nasdaq closing bell Friday in New York, and Envision Solar International Inc. announced that Caltrans has issued a purchase order for 11 EV ARC units at a value of nearly $750,000, according to company announcements, SEC filings and Bloomberg News.

Major Economic Releases

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