Los Angeles Business Journal

Matt is a finance reporter covering venture capital and private equity.

Recent Stories

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Defeasance Firm in Debt To Hot Real Estate Market

FINANCE: AST expects business boom to continue as interest rates rise.

Hot real estate market lights fire under firms providing debt-clearing defeasance services.

Trial Results Give Healthy Boost to Drug Maker

BIOTECH: Puma’s shares rise in what one analyst calls best-case scenario.

Puma has the right R/x for investors after a positive trial performance for its breast cancer drug.

PacWest Beats Expectations on Earnings

PacWest Bancorp in Westwood on Tuesday reported strong second quarter earnings, beating analyst estimates in the first quarter since the company closed its merger with CapitalSource, another Los Angeles bank.

Jeans Maker Back in Fashion After Acquisition

CLOTHING: Revenue, cost savings from Hudson deal boost shares of Joe’s.

Joe’s Jeans buttons up more investors on the strength of its earnings report.

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Seaside Resort Clicks With Technology Conference

hospitality: Terranea has channeled Code into boosting hotel’s profile.

Terranea Resort touts its link to Code Conference to promote itself beyond the Internet industry.

Smart & Final Going Public

Smart & Final Stores Inc. has filed for an initial public offering.

Investors Arrive Seeking Returns

investment: Face time seen as key to cracking L.A. market.

Firms hope the value of having a physical presence in Los Angeles will show up in more business.

Software Maker Backs Up Strategy With Earnings

TECHNOLOGY: Shares of Simulations Plus climb as firm plans more growth.

Investors stock up on Simulations Plus after the software maker’s strong earnings report.

American Apparel Agrees to Rescue Deal

American Apparel cut a deal that with its main investor that will allow the downtown Los Angeles clothing manufacturer to pay off a loan and avoid a default and potential bankruptcy, the company announced Wednesday.

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Two L.A. Firms Start to Clean Out Some Junk

FINANCE: Bond buyers at TCW and DoubleLine see risks outweighing rewards.

Two local portfolio managers are breaking their bonds with the riskiest of junk offerings.

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