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Top News & Analysis California

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  • *Sat on Alibaba's board since its 2014 IPO. HONG KONG, Aug 5- Alibaba Group Holding Ltd is hoping a Canadian Olympic gold medallist once tipped to be the next chief executive of Goldman Sachs Group Inc will help them make it big in the United States. Michael Evans, who turns 58 this month, retired from the U.S. investment bank in 2013, having forged a reputation as one of...

  • The heads of two major lobby groups told hundreds of attendees at an industry conference in Traverse City, Michigan, that automakers are struggling to meet a California mandate to boost demand for electric cars to 15 percent of sales by 2025.. "I am a big believer in the idea of California as an incubator for technology," said Christopher Grundler of the EPA.

  • SAN JOSE, Calif. _ InvenSense Inc. on Tuesday reported a loss of $5.8 million in its fiscal first quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. InvenSense shares have declined 21 percent since the beginning of the year.

  • SAN FRANCISCO _ Glu Mobile Inc. on Tuesday reported a loss of $5.5 million in its second quarter. For the current quarter ending in October, Glu Mobile said it expects revenue in the range of $58 million to $60 million. Glu Mobile shares have climbed 45 percent since the beginning of the year.

  • PASADENA, Calif. _ Green Dot Corp. on Tuesday reported second-quarter profit of $3.5 million. For the current quarter ending in October, Green Dot expects its per-share earnings to be 7 cents. Green Dot expects full-year earnings in the range of $1.24 to $1.35 per share, with revenue ranging from $694 million to $714 million.

  • Rigel reports 2Q loss 9 Hours Ago

    SOUTH SAN FRANCISCO, Calif. _ Rigel Pharmaceuticals Inc. on Tuesday reported a loss of $13.9 million in its second quarter. The South San Francisco, California- based company said it had a loss of 16 cents per share. Keywords: Rigel Pharmaceuticals, Earnings Report.

  • Oclaro reports 4Q loss 10 Hours Ago

    SAN JOSE, Calif. _ Oclaro Inc. on Tuesday reported a loss of $11.4 million in its fiscal fourth quarter. The San Jose, California- based company said it had a loss of 10 cents per share. For the current quarter ending in October, Oclaro said it expects revenue in the range of $82 million to $88 million.

  • LOS ANGELES, Aug 4- America's biggest public pension fund, Calpers, has broken its silence over a controversial California ballot measure that seeks to cut worker pensions by suggesting the move might be illegal. Pension costs were significant factors in the bankruptcies of Detroit, Michigan, and the cities of Stockton and San Bernardino in California.

  • EMERYVILLE, Calif. _ LeapFrog Enterprises Inc. on Tuesday reported a loss of $27.3 million in its fiscal first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share. Four analysts surveyed by Zacks expected $32.5 million.

  • SAN DIEGO _ Regulus Therapeutics Inc. on Tuesday reported a loss of $21 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SAN JOSE, Calif. _ Super Micro Computer Inc. on Tuesday reported fiscal fourth-quarter earnings of $26.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 57 cents per share. Four analysts surveyed by Zacks expected $527.5 million.

  • IRVINE, Calif. _ Masimo Corp. on Tuesday reported second-quarter net income of $19.4 million. Masimo expects full-year earnings to be $1.61 per share. Masimo shares have risen 59 percent since the beginning of the year.

  • PALO ALTO, Calif. _ Jive Software Inc. on Tuesday reported a loss of $9.3 million in its second quarter. For the current quarter ending in October, Jive Software expects its per-share earnings to range from 5 cents to 7 cents. Jive Software expects full-year earnings in the range of 18 cents to 22 cents per share, with revenue ranging from $192 million to $196 million.

  • SAN DIEGO _ Retrophin Inc. on Tuesday reported a second-quarter loss of $25.5 million, after reporting a profit in the same period a year earlier. Retrophin expects full-year revenue in the range of $95 million to $100 million. Retrophin shares have more than doubled since the beginning of the year.

  • SAN FRANCISCO— Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent. The employee benefit announced Tuesday on Netflix's blog is generous even by the high standards of Silicon Valley, where free meals and other perquisites supplement...

  • WALNUT CREEK, Calif. _ ARC Document Solutions Inc. on Tuesday reported second-quarter earnings of $9.3 million. ARC Document Solutions expects full-year earnings in the range of 37 cents to 41 cents per share. ARC Document Solutions shares have fallen 30 percent since the beginning of the year.

  • Exar reports 1Q loss 10 Hours Ago

    FREMONT, Calif. _ Exar Corp. on Tuesday reported a loss of $2.5 million in its fiscal first quarter. For the current quarter ending in October, Exar expects its per-share earnings to range from 6 cents to 9 cents. Exar shares have fallen 20 percent since the beginning of the year.

  • SAN FRANCISCO _ Zendesk Inc. on Tuesday reported a loss of $21.5 million in its second quarter. For the current quarter ending in October, Zendesk said it expects revenue in the range of $51 million to $53 million. Zendesk shares have fallen 16 percent since the beginning of the year.

  • CARLSBAD, Calif. _ Alphatec Holdings Inc. on Tuesday reported a loss of $3.9 million in its second quarter. The Carlsbad, California- based company said it had a loss of 4 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Emcore posts 3Q profit 10 Hours Ago

    ALHAMBRA, Calif. _ Emcore Corp. on Tuesday reported fiscal third-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier. For the current quarter ending in October, Emcore said it expects revenue in the range of $22 million to $24 million. Emcore shares have risen 18 percent since the beginning of the year.