Finance News Archive

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Showing 1-20 of 1568 stories from the past year.

Stocks posted solid gains Tuesday after a report showing strong home sales and big gains for Apple.

For most people, last Sunday was just another day, perhaps marred only by the Chargers’ loss to the Kansas City Chiefs.

Envision Solar International Inc. announced it has received multiple purchase orders for its EV ARC and Solar Tree HVLC products totaling over $2 million in less than 30 days, and ResMed Inc. announced the introduction of myAir, a new personalized therapy management application for patients with sleep-disordered breathing, according to company announcements, SEC filings and Bloomberg News.

Aptose Biosciences Inc. will begin trading on the Nasdaq Capital Market under the symbol APTO this week.

A small gain could have been a big gain. The Dow industrials yesterday rose 19 points but could have been up a bunch more had it not been for IBM. Shares of Big Blue fell more than 7 percent after reducing its earnings and revenue forecasts for the full year.

Major Economic Releases

Stock prices moved higher Monday despite a disappointing earnings forecast by IBM.

Illumina Inc. reported a preliminary net income of $93 million, or 63 cents per share, for the third quarter, and Apricus Biosciences Inc. reported it licensed U.S. development and commercialization rights for a urological treatment from Forendo Pharma, according to company announcements, SEC filings and Bloomberg News.

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.

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