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Top News & Analysis California

  • SANTA BARBARA, Calif. _ AppFolio Inc. on Monday reported a loss of $1.3 million in its fourth quarter. AppFolio expects full-year revenue in the range of $136 million to $138 million. AppFolio shares have climbed 5 percent since the beginning of the year.

  • ALAMEDA, Calif. _ OncoCyte Corp. on Monday reported a loss of $3.1 million in its fourth quarter. On a per-share basis, the Alameda, California- based company said it had a loss of 11 cents. OncoCyte shares have decreased 20 percent since the beginning of the year.

  • NEWARK, Calif. _ Revance Therapeutics Inc. on Monday reported a loss of $26.8 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 82 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HAYWARD, Calif. _ Anthera Pharmaceuticals Inc. on Monday reported a loss of $13 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SOUTH SAN FRANCISCO, Calif. _ Exelixis Inc. on Monday reported fourth-quarter net income of $35.1 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. Exelixis shares have increased 55 percent since the beginning of the year.

  • In a gaffe on Sunday that stunned the Dolby Theatre crowd in Hollywood and a television audience worldwide, presenters Warren Beatty and Faye Dunaway were handed the wrong envelope for the movie industry's top award. The Wall Street Journal and celebrity website TMZ.com reported on Monday that one of the PricewaterhouseCoopers accountants responsible...

  • SAN DIEGO _ Kratos Defense& Security Solutions Inc. on Monday reported a loss of $4.3 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. Four analysts surveyed by Zacks expected $177.4 million.

  • CAPE CANAVERAL, Fla.— SpaceX said Monday it will fly two people to the moon next year, a feat not attempted since NASA's Apollo heyday close to half a century ago. Tech billionaire Elon Musk— the company's founder and chief executive officer— announced the surprising news barely a week after launching his first rocket from NASA's legendary moon pad.

  • Battle over state-run savings programs

    John Chiang, California State Treasurer, discusses California's state-run retirement option.

  • Feb 27- ABC's Sunday night broadcast of the Academy Awards hosted by comic Jimmy Kimmel drew the smallest audience since 2008 despite a memorable ending that will go down in history. Some 32.9 million U.S. viewers watched the ceremony, a 4 percent drop from the 2016 Oscars which drew 34.4 million viewers, according to Nielsen data released on Monday by ABC, a unit of...

  • PLEASANTON, Calif. _ Workday Inc. on Monday reported a loss of $105.6 million in its fiscal fourth quarter. The average estimate of 38 analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. Thirty-eight analysts surveyed by Zacks expected $430.4 million.

  • More than 100 of the human billboards broke out their best moves for a crowd in downtown Las Vegas last week. "I thought it was going to be temporary, maybe a few weeks," Clint Hartman, a sign spinner from Portland, Oregon, said of the job he has now held for 12 years. The competition's 10th edition was only open to employees of Los Angeles- based AArrow Inc., which requires...

  • LOS ANGELES, Feb 27- Accountants and Oscar officials on Monday were investigating how a meticulous procedure for announcing Academy Awards winners went disastrously awry, snatching a best picture victory from musical "La La Land" and handing it instead to "Moonlight." In a gaffe on Sunday that stunned the Dolby Theatre crowd in Hollywood and a television...

  • LOS ANGELES— Construction has begun on a new $1.6 billion terminal at Los Angeles International Airport. Mayor Eric Garcetti and other city leaders helped break ground Monday on the Midfield Satellite Concourse. It will connect to the Tom Bradley International Terminal via an underground tunnel.

  • In a mistake that stunned the Dolby Theatre crowd in Hollywood and a television audience worldwide, presenters Warren Beatty and Faye Dunaway at first said the winner was romantic musical "La La Land," the presumed best picture favorite. Just days before the Oscars, Cullinan told the Huffington Post in an interview that the procedure for dealing with the...

  • ALBUQUERQUE, N.M.— On a patch of tribal land in western New Mexico, a company plans to build a $160 million state-of-the-art greenhouse for researching and growing medicinal plants, including marijuana. Bright Green Group of Companies is partnering with Acoma Pueblo on what would be the nation's largest commercial growing operation, by far dwarfing medical...

  • In a mistake that stunned the Dolby Theatre crowd in Hollywood and a television audience worldwide, presenters Warren Beatty and Faye Dunaway at first said the winner was romantic musical "La La Land," the presumed best picture favorite. Just days before the Oscars, Cullinan told the Huffington Post in an interview that the procedure for dealing with the...

  • WASHINGTON— President Donald Trump is proposing a huge $54 billion surge in U.S. military spending for new aircraft, ships and fighters in his first federal budget while slashing big chunks from domestic programs and foreign aid to make the government "do more with less." The Trump blueprint, due in more detail next month, would fulfill the Republican president's...

  • *Drug's benefit statistically significant over placebo. *Drug to treat patients unresponsive to existing treatments. Feb 27- La Jolla Pharmaceutical Co's shares surged as much as 76.8 percent on Monday after the company said its drug to treat low blood pressure succeeded in a key trial, taking it one step closer to bringing its first drug to market.

  • WASHINGTON— Fewer Americans signed contracts to purchase homes last month as rising prices, higher mortgage rates and a dwindling supply of available homes appeared to frustrate many potential buyers, especially in the West. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index fell 2.8 percent to 106.4, the...