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Top News & Analysis California

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  • This time, CBS says it's making all advertisers buy an online spot with their on-air time, so ads seen during the online simulcast will be the same as the ones on TV. CBS is broadcasting the next Super Bowl, which will be held in Santa Clara, California, on Feb. 7. It's not known whether this policy will continue after that, as CBS rotates the broadcast with Fox and NBC.

  • July 31- Many wealthy people struggle to talk to their children about how much money they have. A 2015 T. Rowe Price study of 1,000 parents found that 72 percent had at least some reluctance to talk to their kids about money. When kids are as young as 6, parents and advisers can start by helping them identify bills and coins and understand the purpose of money, said...

  • NOVATO, Calif. _ Willis Lease Finance Corp. on Friday reported a second-quarter loss of $492,000, after reporting a profit in the same period a year earlier. On a per-share basis, the Novato, California- based company said it had a loss of 6 cents. Keywords: Willis Lease Finance, Earnings Report.

  • Several, including Chevron and Exxon Mobil, have announced plans to trim their spending and cut back on drilling. Also Friday, Exxon Mobil Corp. said its profit dropped by half in the second quarter on sharply lower oil and gas prices around the world. The San Ramon, California, company reported second-quarter earnings of $571 million, or 30 cents per share,...

  • PASADENA, Calif. _ Western Asset Mortgage Capital Corp. on Friday reported a second-quarter loss of $1.7 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. This story was generated by Automated Insights using data from Zacks...

  • NEW YORK— Shares of cybersecurity firm FireEye Inc. fell in premarket trading Friday, the morning after the company's chief financial officer said he was leaving. "Mike helped build FireEye from an early-stage technology pioneer to a global leader in advanced threat protection," said DeWalt, CEO and chairman of the board of FireEye. FireEye, based in Silicon...

  • LOS ANGELES— Beaches along the Santa Barbara County coast remained open to swimmers, surfers and sunbathers Friday as the Coast Guard worked to determine whether an oil slick that materialized just offshore this week was simply the result of natural ocean-floor seepage. That's the conclusion Jordan Clark, professor of earth science and environmental...

  • SEATTLE— Menu prices are up 21 percent and you don't have to tip at Ivar's Salmon House on Seattle's Lake Union after the restaurant decided to institute the city's $15- an-hour minimum wage two years ahead of schedule. Seattle's law, adopted last year after a strong push from labor and grass-roots activists, bumped the city's minimum wage to $11 an hour beginning...

  • LOS ANGELES— Katy Perry's dream of owning a hilltop convent near Hollywood is going to have to wait a while longer. The convent, which Perry has wanted to buy to be her personal residence for several years, is in the middle of a legal fight between a group of elderly nuns and the archbishop of Los Angeles over who has control of the sale and its proceeds.

  • PALO ALTO, California— Microsoft says its' new Windows 10 operating system is now running on more than 14 million computers, two days after the software was released as a free download. Microsoft says it's releasing the software in waves to make sure downloads go smoothly. In a blog post late Thursday, Microsoft said it has not yet delivered Windows 10 to everyone...

  • SAN JOSE, Calif. _ Immersion Corp. on Thursday reported second-quarter profit of $1.6 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SAN FRANCISCO— CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed Thursday in federal court in San Francisco. "We've seen people who pay $20 for a 30- day supply as their copayments on a drug that was $11.99 for a 90- day supply had...

  • FREMONT, Calif. _ Mattson Technology Inc. on Thursday reported second-quarter profit of $2.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • FREMONT, Calif. _ AXT Inc. on Thursday reported a second-quarter loss of $3,000, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SAN MATEO, Calif. _ WageWorks Inc. on Thursday reported second-quarter profit of $3.5 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share. WageWorks shares have declined 32 percent since the beginning of the year.

  • SUNNYVALE, Calif. _ Applied Micro Circuits Corp. on Thursday reported a loss of $7.4 million in its fiscal first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share. Applied Micro Circuits shares have decreased 11 percent since the beginning of the year.

  • LONG BEACH, Calif. _ Molina Healthcare Inc. on Thursday reported second-quarter earnings of $38.9 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. Eight analysts surveyed by Zacks expected $3.61 billion.

  • SAN DIEGO _ ResMed Inc. on Thursday reported fiscal fourth-quarter net income of $87.5 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. ResMed shares have risen slightly since the beginning of the year.

  • BELMONT, Calif. _ RingCentral Inc. on Thursday reported a loss of $8.2 million in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share. RingCentral shares have increased 20 percent since the beginning of the year.

  • SOUTH SAN FRANCISCO, Calif. _ Solazyme Inc. on Thursday reported a loss of $37.2 million in its second quarter. The South San Francisco, California- based company said it had a loss of 46 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.