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Quiksilver is riding a wave of red ink
Surf apparel company Quiksilver Inc. hasn't given investors much to be stoked about in recent years. The Huntington Beach company owns some of the biggest brands in action sports: Quiksilver, Roxy, DC and others. Yet it has lost money each of the last...
Tags: Corporate Performance, Companies and Corporations, Finance, Fashion Trends, Marketing
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California home prices hit five-year high, sales increase as well
California home prices climbed to a five-year high last month and sales increased as well, placing increased momentum behind the state’s housing recovery. The median sales price for a home rose 25.9% from last year to hit $340,000 in May, real...
Tags: Homes, Foreclosures, Services and Shopping, Prices, Real Estate
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Freddie Mac: 30-year mortgage rate rises to 3.98%, 14-month high
Are 30-year fixed-rate mortgages with interest rates beginning with a “3” soon to become something found only in the history books? That prospect appeared more likely Thursday, as Freddie Mac reported that the average rate that lenders...
Tags: Freddie Mac, Federal Reserve, Mortgages
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O.C. toll road agency could keep fees through 2053
The leaders of Orange County's toll road network on Thursday approved a $2.4-billion bond sale to refinance one of its highway corridors — a move that would probably extend the number of years drivers must pay to use the system. The planned...
Tags: Elections, Finance, California Department of Transportation, Politics, Economy, Business and Finance
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Southland home prices soar 24.7% in May from a year earlier
Southern California's housing recovery surged last month as buyers scrambled for a short supply of homes. The median price reached $368,000 for all homes sold in the six-county Southland — a 24.7% increase from the same month a year earlier and...
Tags: Money and Monetary Policy, Homes, Property, Economy, Business and Finance, Financial and Business Services
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Greenspan says Federal Reserve should start tapering stimulus
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan said the central bank should start tapering its stimulus program and begin reducing its dramatically swelled balance sheet -- whether the economy is ready for it or not. "My view is the sooner...
Tags: Money and Monetary Policy, Unemployment Rate, Alan Greenspan, Ben Bernanke, Financial Markets
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Housing outlook is bubble free for now, economists say
ATLANTA -- Despite double-digit price gains in many markets, the housing outlook is bubble free for now as the sector recovers over the next several years, experts say. Kicking off a panel of economists addressing a gathering of journalists, Lawrence...
Tags: Rentals, Homes, Inventories, Realty, Condos and Houses
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Southern California home prices up 25% over last May
Southern California’s housing recovery barreled forward last month, pushing prices and sales to levels not seen in years as buyers faced stiff competition during the spring home buying season. The median price reached $368,000 for all homes in the...
Tags: Homes, Inventories, House Building, Property, Financial and Business Services
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Standard & Poor's upgrades outlook for U.S. credit rating
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...
Tags: Rentals, Budgets and Budgeting, Standard & Poor's Financial Services LLC, Congressional Budget Office, Credit and Debt
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Cable industry to discuss challenges — and hear from Jennifer Lopez
The cable industry’s annual gathering is usually a celebration of new technologies, popular programming and sunny projections for growth. But when top pay-TV executives gather in Washington for the National Cable & Telecommunications Assn....
Tags: Entertainment, Brian L. Roberts, Viacom Inc., DreamWorks Animation SKG Incorporated, Media Industry
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Dow falls more than 200 points on last day of May
NEW YORK -- Wall Street ended the last day of May with a broad selloff in late trading, sending the Dow Jones industrial average down more than 200 points. The Dow fell 208.96, or 1.36%, to 15,115.57 at the closing bell, capping a volatile week in the...Tags: Charles Schwab, Stock Market, Federal Reserve
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Stocks swoon on interest rate fears
NEW YORK — A sudden jump in interest rates is casting a shadow over the stock market. Stocks fell sharply Friday as a persistent rise in rates over the last month threatened to derail the powerful rally this year in share prices. Despite...
Tags: Money and Monetary Policy, Unemployment Rate, Employment Opportunities, Stock Market, Japan
Jun 17, 2013
|Story| Los Angeles Times
Jun 13, 2013
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Jun 13, 2013
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Jun 13, 2013
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Jun 11, 2013
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Jun 7, 2013
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Jun 7, 2013
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Jun 11, 2013
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Jun 10, 2013
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Jun 10, 2013
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May 31, 2013
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May 31, 2013
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