LONG BEACH, Calif.-- Obagi Medical Products Inc. said Wednesday that Canadian drugmaker Valeant Pharmaceuticals boosted its offer to buy the dermatology products maker, topping a bid made a day ago by a German rival.
LONG BEACH, Calif.-- UTi Worldwide Inc. on Thursday posted a loss for its fiscal fourth quarter, citing touch economic conditions and weakness in the air freight market. UTi reported a net loss of $142.8 million, or $1.38 per share, for the period that ended Jan. 31. That compares with profit of $12.4 million, or 12 cents per share, in the fourth quarter of the prior year.
That cruel reality confronts the four large emerging stock markets known as the BRICs: Brazil, Russia, India and China.
Michael Melton, who had been with Morgan Stanley and its predecessor wealth management firms for roughly a decade, joined RBC's San Diego office last week as a branch director.
LONG BEACH, Calif., March 21- Necessity may be the mother of invention, but Internet businesses often seem to get the idea backwards. The firm is positioning itself as a Groupon for bonds.
LONG BEACH, Calif., March 13- Foreign stocks are coveted for the superior growth and value they can offer. Investors have turned to them lately for higher income, too. The recent outperformance of U.S. stocks helps to account both for their comparatively meager yields and expensive valuations, said Alex Robins, an international equity manager at J.P.
NEW YORK, March 8- Boeing Co said on Friday it is consolidating its North American flight and maintenance training operations in Miami, a shift that will move all flight simulators for the 787 Dreamliner and other aircraft out of the Seattle area.
NEW YORK, March 8- Boeing Co said on Friday it is consolidating its North American flight and maintenance training operations in Miami, a shift that will move all flight simulators for the 787 Dreamliner and other aircraft out of the Seattle area.
LONDON, March 6- Unless prices for natural gas and crude start to converge soon in the United States, the overwhelming incentive to switch to dual fuel engines which use a mix of diesel and natural gas will be overwhelming. It will oust oil-based fuels from a huge range of applications, ranging from trains, ships and trucks to industrial engines.
The outlook for cheaper gas in the wake of the shale gas boom in North America as well as toughening environmental regulation in Europe have driven up investment in gas as a transport fuel.
WASHINGTON, Feb 22- Metropolitan areas in Texas saw the fastest economic growth as the recovery took hold in 2011, but the New York City region still had the largest gross domestic product in the United States, according to federal data released on Friday.
LONDON, Feb 20- Few places on earth bear the scars of oil production like Long Beach, California. Parts of the city have sunk by as much as 29 feet from their original level because of subsidence caused by extraction of billions of barrels of oil from the giant Wilmington field lying directly beneath the city's streets and the adjoining harbour.
SINGAPORE, Jan 2- London copper rose more than 2 percent on Wednesday, headed for its biggest daily rise since mid-November, as the U.S. Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper consumer also boosted prices.
*Coast Guard prepares for potential waterfront labor unrest. SEATTLE, Dec 24- Dockworkers at four ports in the U.S. The International Longshore and Warehouse Union has said the shippers have hired a Delaware- based company that specializes in providing security and replacement workers in labor disputes.
*Coast Guard prepares to enforce buffer zones at two ports. SEATTLE, PORTLAND, Ore., Dec 21- Nearly 3,000 union dock workers at four Pacific Northwest ports began voting on Friday on a "final" contract offer presented by grain shippers, setting the stage for a possible labor clash should workers reject the proposal, as urged by union leaders.