Los Angeles Business Journal

LA FINANCE

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

Stocks Rise

The Dow Jones industrial average rose 228 points in Monday trading to close at 17,977. The S&P 500 rose 28 points to 2,081. The Nasdaq rose 58 points to 4,930. The LABJ stock index rose four points to 228.

Herbalife, Macerich Among Week’s Big Movers

The Los Angeles Business Journal’s index of the largest local public companies fell for the week.

Stocks Fall

The Dow Jones industrial average fell 146 points in Friday trading to close at 17,749. The S&P 500 fell 13 points to 2,053. The Nasdaq fell 22 points to 4,872. The LABJ stock index fell one point to 224.

Anderson Forecast Has Good News for Job Growth

California should expect continued job growth and reduced unemployment figures over the next three years, according to the UCLA Anderson Forecast released on Thursday.

Stocks Rise

The Dow Jones industrial average rose 260 points in Thursday trading to close at 17,895. The S&P 500 rose 26 points to 2,066. The Nasdaq rose 43 points to 4,893. The LABJ stock index rose four points to 225.

Stocks Fall

The Dow Jones industrial average fell 28 points in Wednesday trading to close at 17,635. The S&P 500 fell four points to 2,040. The Nasdaq fell 10 points to 4,850. The LABJ Stock Index was flat at 220.

Stocks Fall

The Dow Jones industrial average fell 333 points in Tuesday trading to close at 17,663. The S&P 500 fell 35 points to 2,044. The Nasdaq fell 83 points to 4,860. The LABJ stock index fell three points to 221.

Stocks Rise

The Dow Jones industrial average rose 139 points in Monday trading to close at 17,996. The S&P 500 rose eight points to 2,079. The Nasdaq rose 15 points to 4,942. The LABJ stock index rose two points to 224.

PE Roundup: Private Equity Deals Announced This Week

Platinum Equity of Beverly Hills announced Tuesday that it has completed the sale of Neovia Logistics, an Irving, Texas, industrial logistics firm, to affiliates of Goldman Sachs Group Inc. in New York and New York investment firm Rhône Capital

Kythera, Medbox Among Week’s Big Movers

The Los Angeles Business Journal’s index of the largest local public companies fell for the week.

Stocks Fall

The Dow Jones industrial average fell 279 points in Friday trading to close at 17,857. The S&P 500 fell 30 points to 2,071. The Nasdaq fell 55 points to 4,927. The LABJ stock index fell four points to 222.

CBRE in Talks to Buy Johnson Controls’ Global Workplace Solutions

Los Angeles-based CBRE Group Inc., one of the largest commercial real estate services firms, is in talks to possibly buy Johnson Controls’ Global Workplace Solutions, according to unnamed sources cited by Reuters and the Wall Street Journal.

Stocks Rise

The Dow Jones industrial average rose 39 points in Thursday trading to close at 18,136. The S&P 500 rose three points to 2,101. The Nasdaq rose 16 points to 4,983. The LABJ stock index was flat at 226.

Mt. Wilson Broadcast Landmark on the Market

One of America’s most historic and iconic broadcasting landmarks is for sale.

Stocks Fall

The Dow Jones industrial average fell 106 points in Wednesday trading to close at 18,097. The S&P 500 fell nine points to 2,099. The Nasdaq fell 13 points to 4967. The LABJ Stock Index fell one point to 226.