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Top News & Analysis California

  • LOS ANGELES _ Air Lease Corp. on Thursday reported fourth-quarter earnings of $97 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. Air Lease shares have risen 14 percent since the beginning of the year.

  • Trump says he wants to build up the U.S. nuclear arsenal to ensure it is at the "top of the pack," saying the United States has fallen behind in its atomic weapons capacity. Trump tells chief executives of major U.S. companies he plans to bring millions of jobs back to the United States, but offers no specific plan on how to reverse a decades-long decline in factory jobs.

  • HUNTINGTON BEACH, Calif. _ BJ's Restaurants Inc. on Thursday reported fourth-quarter net income of $12.9 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. BJ's Restaurants shares have fallen slightly more than 9 percent since the beginning of the year.

  • HPE said it expected full-year adjusted profit of between $1.88- $1.98 per share, down from $2- $2.10 it forecast earlier. The Palo Alto, California- based company, which has been struggling with sluggish demand for its servers and storage equipment, forecast current-quarter adjusted profit in the range of 41 cents- 45 cents per share. Revenue from its enterprise...

  • SAN RAFAEL, Calif. _ BioMarin Pharmaceutical Inc. on Thursday reported a fourth-quarter loss of $90.7 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share. Ten analysts surveyed by Zacks expected $297.1 million.

  • SAN FRANCISCO _ Gap Inc. on Thursday reported fiscal fourth-quarter profit of $220 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was also for earnings of 51 cents per share. Eleven analysts surveyed by Zacks expected $4.4 billion.

  • REDWOOD CITY, Calif. _ Nevro Corp. on Thursday reported a loss of $9.8 million in its fourth quarter. Nevro expects full-year revenue in the range of $310 million to $320 million. Nevro shares have increased 30 percent since the beginning of the year.

  • PALO ALTO, Calif. _ Hewlett Packard Enterprise Co. on Thursday reported fiscal first-quarter profit of $267 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Six analysts surveyed by Zacks expected $12.13 billion.

  • WATSONVILLE, Calif. _ West Marine Inc. on Thursday reported a loss of $9.8 million in its fourth quarter. West Marine shares have declined 15 percent since the beginning of the year. Keywords: West Marine, Earnings Report.

  • SAN FRANCISCO _ Splunk Inc. on Thursday reported a loss of $74.2 million in its fiscal fourth quarter. Twelve analysts surveyed by Zacks expected $288.5 million. For the current quarter ending in May, Splunk said it expects revenue in the range of $231 million to $233 million.

  • MOUNTAIN VIEW, Calif. _ Intuit Inc. on Thursday reported fiscal second-quarter profit of $13 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Analysts surveyed by Zacks had expected revenue of $2.45 billion.

  • Macy's, whose flagship locations include Herald Square in Manhattan and Union Square in San Francisco, is also planning to carve out storefront space for high-end retailers and lease or sell that space, Chief Executive Terry Lundgren said on Tuesday. "We are looking for opportunities to bring in other retailers to take that square footage that we are able to...

  • LOS ANGELES— "Cloverfield" director Matt Reeves has stepped in to direct "The Batman" for Warner Bros. just a few weeks after star Ben Affleck left the post. Warner Bros. said Thursday that Reeves would also produce the stand-alone film. He'll appear next as Batman in " Justice League" which comes out in November.

  • Smoke billows as Iraqi forces attack Mosul airport during an offensive to retake the western side of the city from jihadists of the Islamic State group on February 23, 2017.

    Here are some of the key stories CNBC is following this hour.

  • IRVINE, Calif.— A Taco Bell treat that has a shell made entirely of fried chicken will vanish from the fast food chain's menu despite its popularity. Taco Bell spokesman Rob Poetsch says the Naked Chicken Chalupa always was planned as a limited-time offer, but it has proven to be popular and exceeded the company's expectations. Poetsch says Taco Bell is "confident...

  • BRUSSELS, Feb 23- Alphabet Inc's Google and subsidiary Jigsaw launched on Thursday a new technology to help news organisations and online platforms identify abusive comments on their websites. The technology, called Perspective, will review comments and score them based on how similar they are to comments people said were "toxic" or likely to make them leave a...

  • Feb 23- Bonduelle on Thursday said it struck a deal to buy Ready Pac Foods, a privately held California producer of fresh, prepared salads and other produce, in a move expected to significantly expand the French company's U.S. presence. Bonduelle, established in 1853, owns four brands of canned, frozen and fresh vegetables and has operations in Canada and across...

  • CANNON BALL, N.D., Feb 23- More than a dozen of a dwindling number of protesters at a camp near the site of the Dakota Access pipeline were arrested on Thursday after defying a previous deadline set by authorities to vacate the Army- owned land. About a dozen Humvee vehicles had entered the camp and a helicopter hovered overhead, with more police officers and National...

  • WASHINGTON, Feb 23- The U.S. Treasury Department said it will extend its search for criminals who seek to launder money by buying U.S. real estate. Treasury Department Financial Crimes Enforcement Network will extend for 180 days a rule ordering title insurance companies to report to authorities all-cash purchases in parts of California, Texas, Florida and New...

  • CANNON BALL, N.D., Feb 23- The number of protesters at a camp near the site of the Dakota Access pipeline dwindled to around a dozen on Thursday, with those still there defying a previous deadline set by authorities to vacate the Army- owned land. Armored vehicles were parked near the camp in Cannon Ball, North Dakota, and members of the Army Corps of Engineers, which owns...