Matt is a finance reporter covering venture capital and private equity.
FINANCE: AST expects business boom to continue as interest rates rise.
Hot real estate market lights fire under firms providing debt-clearing defeasance services.
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 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.
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.
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 Stores Inc. has filed for an initial public offering.
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.
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 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.
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.