×

Top News & Analysis California

  • 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.

  • IRVINE, Calif. _ CoreLogic Inc. on Tuesday reported second-quarter profit of $41.3 million. CoreLogic expects full-year earnings in the range of $2.20 to $2.40 per share, with revenue in the range of $1.84 billion to $1.88 billion. CoreLogic shares have climbed 19 percent since the beginning of the year.

  • July 25- Apple Inc Chief Executive Tim Cook has committed to build three big manufacturing plants in the United States, the Wall Street Journal quoted U.S. Apple came under fire from Trump during his campaign because it makes most of its products in China. Apple, on its part, had been making disclosures to highlight how it had been contributing to job creation in the...

  • LOS ANGELES, July 25- California Governor Jerry Brown signed into law on Tuesday a package of bills intended to use market forces to cut greenhouse gas emissions, extending by a decade the state's signature plan to combat climate change. The legislation puts California at the forefront of plans by mostly Democratic governors to reduce carbon emissions and...

  • The agreement settled claims made in Los Angeles federal court by a former sales manager who said Celgene submitted false claims to Medicare and health care programs in 28 states and Washington, D.C., which were all parties to the settlement. Beverly Brown had worked as an "immunology specialist" who was trained to aggressively promote Thalomid and Revlimid...

  • LOS ANGELES, July 25- Chipotle Mexican Grill Inc's profit more than doubled on stronger sales, fewer giveaways and lower labor costs as the burrito seller tries to win back customers after food safety lapses tarnished its brand. The company's shares rose nearly 3 percent in after-hours trading on Tuesday, a turnaround from last week when the Denver- based chain...

  • SAN FRANCISCO _ Dolby Laboratories Inc. on Tuesday reported fiscal third-quarter net income of $76 million. Five analysts surveyed by Zacks expected $297 million. For the current quarter ending in September, Dolby Laboratories expects its per-share earnings to range from 36 cents to 42 cents.

  • The lawsuit alleged that Celgene violated the laws of 28 states and the District of Columbia by submitting fraudulent claims to state healthcare programs, including California's Medi-Cal program. Brown, a former sales representative for the company, sued New Jersey- based Celgene in 2010, bringing claims on behalf of the federal government and about two...

  • SAN FRANCISCO _ Invuity Inc. on Tuesday reported a loss of $10.4 million in its second quarter. Invuity expects full-year revenue in the range of $40 million to $42 million. Invuity shares have climbed 37 percent since the beginning of the year.

  • SUNNYVALE, Calif. _ Advanced Micro Devices Inc. on Tuesday reported a second-quarter loss of $16 million, after reporting a profit in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. Eight analysts surveyed by Zacks expected $1.16 billion.

  • SUNNYVALE, Calif. _ Juniper Networks Inc. on Tuesday reported second-quarter earnings of $179.8 million. Nine analysts surveyed by Zacks expected $1.28 billion. Analysts surveyed by Zacks had expected revenue of $1.31 billion.

  • MENLO PARK, Calif. _ Robert Half International Inc. on Tuesday reported second-quarter profit of $80.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.