Finance News Archive

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Showing 1-20 of 1474 stories from the past year.

The San Diego Regional Chamber of Commerce has hired Mike Reynolds as its new chief financial officer.

San Diego-based Arena Pharmaceuticals Inc. (Nasdaq: ARNA) announced that President and CEO Jack Lief has retired from the company and the board at the request of the board of directors.

The San Diego Stock Exchange Index closed higher Monday at 163.68, up .96 percent from Friday. Advancing issues beat declining, 57 to 31, and 84 issues were unchanged.

Illumina Inc. (Nasdaq: ILMN) shares fell as much as 23 percent in late trading after the company forecast fourth-quarter sales below analysts’ estimates.

A funny thing happened Friday as Wall Street reacted to the terrible jobs report. To be sure, the permabears were dancing in the Street as the Dow industrials plunged 280 points after the Labor Department reported a disappointing increase in payrolls during September and sharply lowered the original increases reported in July and August.

Major Economic Releases

WD-40 Co. (Nasdaq: WDFC) announced that its board of directors declared on Friday its regular quarterly dividend of $0.38 per share, payable Oct. 30 to stockholders of record at the close of business on Oct. 16.

The San Diego Stock Exchange Index closed higher Friday at 162.13, up 2.14 percent from Thursday. Advancing issues beat declining 61 to 25, and 86 issues were unchanged.

Trying to apply logic to the stock market, economy and the actions of the Federal Reserve can be a very big mistake. And the actions of the past week make that very clear.

Well, I guess you can write off any interest rate hike by the Fed later this month. The terrible jobs report released this morning for September, and a dramatic revision to the August report, show the economy is a long way from robust. And, no matter how much Fed chair Janet Yellen and the gang want to raise rates, the news is just too bleak to move away from zero at this time.

Major Economic Releases

The San Diego Stock Exchange Index closed lower Thursday at 158.73, down 1.70 percent from Wednesday. Declining issues beat advancing 51 to 35, and 86 issues were unchanged.

A storm of biblical proportions. Believe it or not that is the way a CNBC weather forecaster referred to the slow-moving hurricane, Joaquin. Of course, you would expect nothing less from anyone at CNBC whether they are trying to scare investors or people planning for the weekend.

Major Economic Releases

The nonprofit Junior Achievement of San Diego County will be holding a grand opening ceremony on Thursday to officially launch its newest education center, the Mission Fed JA Finance Park.

The San Diego Stock Exchange Index closed higher Wednesday at 161.47, up 2.29 percent from Tuesday. Advancing issues beat declining, 62 to 27, and 83 issues were unchanged.

A headline at -- owned by the Wall Street Journal -- blared the message, "September 30 historically year's worst day for stock market investors." Well, we have a long way to go but this September 30 is off to a pretty darned good start, up more than 200 points.

Major Economic Releases

The San Diego Stock Exchange Index closed lower Tuesday at 157.85, down .64 percent from Monday. Declining issues beat advancing 60 to 32, and 80 issues were unchanged.

Could we please get done with September?! The media, of course, is thrilled with excitement over the deep declines we have seen this month, historically the worst month of the year.

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