Ryland shares gain on housing market performance
[wikichart align=”right” ticker=”NYSE:RYL” showannotations=”true” livequote=”true” startdate=”24-04-2014″ enddate=”24-10-2014″ width=”300″ height=”245″] Based in part on a 7.2 percent increase in third-quarter orders for new units, Westlake Village-based national homebuilder Ryland Group was trading higher Thursday after projected earnings beat Wall Street analyst expectations. Shares of Ryland Group closed at $35.78 on Oct. 23. The company reported a Read More →
Dubroff: News Corp. may strike fool’s gold with online real estate purchase
MySpace, once the hippest place in the galaxy for teens to hang out online, could have been the Facebook for millennials, but then Murdoch’s News Corp. got its hands on the fast-growing social media pioneer and ran it nearly into oblivion.
Governor signs gun bills introduced after Isla Vista mass shooting
Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.
Qualstar shares sink on $5.6M loss
Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →
Watkins: California jobs boom not what it seems
The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic Read More →