×

Top News & Analysis California

  • ROLLING HILLS ESTATES, Calif. _ Natural Health Trends Corp. on Thursday reported first-quarter net income of $10.4 million. Natural Health Trends shares have climbed 18 percent since the beginning of the year. Keywords: Natural Health Trends, Earnings Report.

  • LOS ANGELES _ Hope Bancorp Inc. on Thursday reported first-quarter profit of $37 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Hope Bancorp shares have decreased 13 percent since the beginning of the year.

  • SOUTH SAN FRANCISCO, Calif. _ Cytokinetics Inc. on Thursday reported a loss of $25.9 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. Cytokinetics shares have increased 40 percent since the beginning of the year.

  • SPOKANE, Wash.— Harvesting Washington state's vast fruit orchards each year requires thousands of farmworkers, and many of them work illegally in the United States. "Human pickers are getting scarce," said Gad Kober, a co-founder of Israel- based FFRobotics. Members of the $7.5 billion annual Washington agriculture industry have long grappled with labor...

  • NEW YORK/ SAN FRANCISCO, April 28- Growing tensions with North Korea should worry global electronics firms such as Apple Inc as they source key parts from South Korea, but investors are brushing off such concerns and snapping up shares in key exporters, heartened by robust earnings and big investment plans. South Korea, a U.S. ally and home to major electronics...

  • NEW YORK/ SAN FRANCISCO, April 28- Growing tensions with North Korea should worry global electronics firms such as Apple Inc as they source key parts from South Korea, but investors are brushing off such concerns and snapping up shares in key exporters, heartened by robust earnings and big investment plans. South Korea, a U.S. ally and home to major electronics...

  • April 27- The head of Uber Technologies Inc's self-driving vehicles unit, Anthony Levandowski, will step aside from some of his duties until a lawsuit against Uber in which he is accused of stealing trade secrets is resolved, Uber said on Thursday. Levandowski said he was not leaving Uber but would not participate in any of Uber's work on Lidar, according to an...

  • April 27- Amazon.com Inc's retail and cloud-computing sales rose in the first quarter, inching above Wall Street's expectations and sending the company's shares to an all-time high in extended trading. The world's largest online retailer said on Thursday net sales rose 23 percent to $35.7 billion, just beating analysts' average estimate of $35.3 billion,...

  • SAN FRANCISCO— The executive running Uber's self-driving car division is stepping aside while the company defends itself against charges that he provided the project with technology stolen from a Google spinoff. Anthony Levandowski, an autonomous vehicle expert who defected from Google last year, notified Uber's staff of his decision in a Thursday email.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • Alphabet's profit beat Wall Street estimates and rose 29 percent to $5.43 billion, a performance that analysts called exceptional for a company so large. The two companies accounted for 99 percent of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain...

  • SAN JOSE, Calif. _ Heritage Commerce Corp. on Thursday reported first-quarter net income of $6.5 million. Heritage Commerce shares have climbed nearly 1 percent since the beginning of the year. Keywords: Heritage Commerce, Earnings Report.

  • PLEASANTON, Calif. _ Simpson Manufacturing Co. on Thursday reported first-quarter net income of $23.1 million. Simpson Manufacturing shares have declined 1.5 percent since the beginning of the year. Keywords: Simpson Manufacturing, Earnings Report.

  • LOS ANGELES, April 27- Starbucks Corp's new chief executive has a tall order to fill in keeping the world's biggest coffee chain's promise to return to historic growth rates amidst stubborn U.S. restaurant and retail slumps. Kevin Johnson, who succeeded Howard Schultz as CEO this month, on Thursday presided over an earnings call where the company cut its...

  • CHICO, Calif. _ TriCo Bancshares on Thursday reported first-quarter profit of $12.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Four analysts surveyed by Zacks expected $56.1 million.

  • SAN JOSE, Calif. _ Fair Isaac Corp. on Thursday reported fiscal second-quarter earnings of $25.1 million. On a per-share basis, the San Jose, California- based company said it had profit of 78 cents. Fair Isaac expects full-year earnings to be $4.92 per share, with revenue expected to be $925 million.

  • SAN DIEGO _ Senomyx Inc. on Thursday reported a loss of $3.4 million in its first quarter. On a per-share basis, the San Diego- based company said it had a loss of 7 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • IRVINE, Calif. _ CalAtlantic Group Inc. on Thursday reported first-quarter profit of $82.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. CalAtlantic shares have risen 12 percent since the beginning of the year.

  • SAN MATEO, Calif. _ GoPro Inc. on Thursday reported a loss of $111.2 million in its first quarter. For the current quarter ending in July, GoPro said it expects revenue in the range of $260 million to $280 million. GoPro shares have increased roughly 3 percent since the beginning of the year.