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Top News & Analysis California

  • IRVINE, Calif. _ Tri Pointe Homes Inc. on Wednesday reported second-quarter earnings of $32.7 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Four analysts surveyed by Zacks expected $570 million.

  • SANTA ANA, Calif. _ Banc of California Inc. on Wednesday reported second-quarter earnings of $12.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Banc of California shares have risen 18 percent since the beginning of the year.

  • PLEASANTON, Calif. _ Natus Medical Inc. on Wednesday reported a second-quarter loss of $5 million, after reporting a profit in the same period a year earlier. For the current quarter ending in October, Natus Medical expects its per-share earnings to range from 37 cents to 38 cents. Natus Medical expects full-year earnings in the range of $1.70 to $1.75 per share,...

  • RIVERSIDE, Calif. _ Provident Financial Holdings Inc. on Wednesday reported fiscal fourth-quarter earnings of $964,000. On a per-share basis, the Riverside, California- based company said it had net income of 12 cents. The holding company for Provident Savings Bank posted revenue of $17.5 million in the period.

  • PARIS, July 26- AccorHotels will re-group three of its luxury home-rental divisions under its' onefinestay' brand, as the French hotelier steps up efforts to counter the challenge of Airbnb and other online booking services. AccorHotels said it would group the Travel Keys and Squarebreak units under the umbrella of the' onefinestay' brand before the end of the...

  • LOS ANGELES— The caller who rang Valerie Sobel's cellphone had a horrifying message: "We have Simone's finger. In the hours that followed, the kidnappers talked her into wiring $4,000 for ransom. Los Angeles police alone have received more than 250 reports of such crimes in the past two years, and people have wired more than $100,000, said Capt.

  • *World on track to overshoot Paris temperature limits. *Harvard project researches ways to dim sunlight. Backers say the risky, often expensive projects are urgently needed to find ways of meeting the goals of the Paris climate deal to curb global warming that researchers blame for causing more heatwaves, downpours and rising sea levels.

  • LOS ANGELES— Celgene Corp. has agreed to pay $280 million to settle a whistleblower lawsuit alleging the pharmaceutical company committed fraud promoting a drug with a notorious history that was re-purposed to treat leprosy and another therapy for unapproved cancer treatments, federal prosecutors announced Tuesday. The agreement settled a lawsuit in...

  • FRESNO, Calif.— A 14- year-old survivor of a deadly car crash in California that was livestreamed on Instagram said she isn't mad at anyone and doesn't blame the driver. Instead, Manuela Seja blamed social media, which she said has taken over people's lives and is only going to become more prevalent, television station KSEE in Fresno reported Monday.

  • FRESNO, Calif.— The Latest on a fatal car accident in California that was livestreamed on Instagram:. Twelve-year-old Evelyn Sanchez tells Sacramento television station KTLX a tire blew out and there was nothing her 18- year-old sister, Obdulia Sanchez, could have done to prevent the fatal crash. The California Highway Patrol says investigators will examine...

  • LOS ANGELES— The caller who rang Valerie Sobel's cellphone had a horrifying message: "We have Simone's finger. In the hours that followed, the kidnappers talked her into wiring $4,000 for ransom. Los Angeles police alone have received more than 250 reports of such crimes in the past two years, and people have wired more than $100,000, said Capt.

  • LOS ANGELES, July 25- Chipotle Mexican Grill Inc is retraining kitchen crews on food safety and enforcing a zero-tolerance policy for employees refusing to abide by new rules, after identifying a sick employee as the cause of a Norovirus outbreak that forced it to briefly close a restaurant in Virginia last week. The company's stock had flirted around $750 two...

  • LOS ANGELES _ Hope Bancorp Inc. on Tuesday reported second-quarter earnings of $40.7 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Hope Bancorp shares have fallen 15 percent since the beginning of the year.

  • GLENDALE, Calif. _ PS Business Parks Inc. on Tuesday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Glendale, California, said it had funds from operations of $54.1 million, or $1.55 per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from...

  • SAN FRANCISCO— Tech titans Mark Zuckerberg and Elon Musk recently slugged it out online over the possible threat artificial intelligence might one day pose to the human race, although you could be forgiven if you don't see why this seems like a pressing question. But Musk, the founder of Tesla Motors and SpaceX, worries that AI systems could soon surpass humans,...

  • LOS ANGELES _ Houlihan Lokey Inc. on Tuesday reported fiscal first-quarter earnings of $39.2 million. Houlihan Lokey shares have increased 22 percent since the beginning of the year. Keywords: Houlihan Lokey, Earnings Report.

  • LOS ANGELES, July 25- Chipotle Mexican Grill Inc's quarterly profit more than doubled on stronger sales, fewer giveaways and lower labor costs, as the burrito seller tries to win back customers after several food safety lapses tarnished its brand. The company said on Tuesday it is retraining kitchen crews on food safety and implementing a zero-tolerance...

  • SANTA CLARA, Calif. _ Chegg Inc. on Tuesday reported a loss of $6 million in its second quarter. For the current quarter ending in October, Chegg said it expects revenue in the range of $56 million to $58 million. Chegg shares have increased 93 percent since the beginning of the year.

  • MENLO PARK, Calif. _ Landec Corp. on Tuesday reported fiscal fourth-quarter earnings of $2.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share. Landec shares have risen roughly 6 percent since the beginning of the year.

  • COMMERCE, Calif. _ Smart& Final Stores Inc. on Tuesday reported second-quarter profit of $7.1 million. Smart& Final Stores expects full-year earnings in the range of 50 cents to 52 cents per share. Smart& Final Stores shares have dropped 43 percent since the beginning of the year.