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Aura Systems Inc. of El Segundo: Stellar purveyor of magnetic levitation systems, or just another Wall Street hype job? Aura Systems, traded over-the-counter, has gained national attention for its promotion [...]

Junk bond dealers offer tempting yield to offset high risks One junk bond investor's misery is another's opportunity, or so say a hardy breed of Los Angeles distress mavens entering [...]

The downcycle on Wall Street means more litigation from angry investors alleging management and boards have covered up bad news, or were self-dealing. That makes sitting on a board these [...]

The yin and yang of misfortune and bounty often interplay on Wall Street. That is seen in the skyrocketing stock of Hawthorne-based OSI Systems Inc. that draws half its $100 [...]

LOCAL shops aren't immune to the broader slowdown in investment banking and corporate finance activity. In September, there were no initial public offerings of stock anywhere in the country, let [...]

HISTORIANS say the real money was made not by gold miners in the California Gold Rush, but by suppliers. Every miner, of which there were several hundred thousand by 1854, [...]

SUDDENLY, a few of L.A.'s vulture investors -- those who land when most money mavens take flight -- are again buzzing about convertible and high-yield debt. Ever since junk bond [...]

ONE of the new mantras floating above Wall Street these days is, "Don't just rely on what some analyst said. Do your own research." Certainly not bad advice, in theory. [...]

Michael Halpern, of Century City-based Dorchester Advisors Inc., is a below-the-radar screen kind of money manager who likes to find a few good-quality, mid-cap stocks and then hold on to [...]

THERE'S an old-fashioned corporate donnybrook going on down at Milan Panic's always-controversial ICN Pharmaceuticals Inc. in Costa Mesa. And this is a wacky one, even by Southern California standards, with [...]

GIVEN recent power crunches, one might think a promising energy company could "go public" -- complete an initial public offering of stock -- even in this choppy market. But not [...]

Investors are looking again at the tealeaves, trying to ascertain the future of Torrance-based Farmer Bros. Inc., the coffee wholesaler whose stock is traded on the Nasdaq. Farmer Bros. hews [...]

Byron Roth is at it again: Last week the chairman of Roth Capital Partners agreed to sell 24.5 percent of his Newport Beach-based brokerage to bank holding company Zions Bancorporation [...]

Look in the dictionary for the definition of an 'orphan stock" and you may just get the description of Marina del Rey-based Scheid Vineyards Inc. The small-cap company lacks "institutional [...]

Ken Luskin, who could be called "the fighting investor" for his aggressive style of money management, has struck again. Last week he filed a 13-d on El Segundo-based Peerless Systems [...]

Los Angeles-based TenantDirect.com, a maker of online management systems designed for the multi-family and commercial real estate industries, said it closed a $9.35 million second round of funding. Among the [...]

DICK Clark Productions Inc., the entertainment and restaurant chain mini-conglomerate, has the same challenge faced by literally thousands of small- and mid-cap companies: On Wall Street today, bigger is better, [...]

Some investors are moving assets to the safe and sure, if Payden & Rygel's year-old GNMA fund is any indicator. Starting from scratch, the fund now boasts of $100 million [...]

WITH the benefit of hindsight, the key clue turned out to be the huge short position in the stock of Torrance-based Imperial Credit Industries Inc., the diversified business lender. Shareholders [...]

THE folks behind Business.com made quite a splash back in November, when Santa Monica-based incubator eCompanies, which spawned the business Web site, paid a whopping $7.5 million for the sole [...]

THE name Wedbush, as in Wedbush Morgan Securities, has been a part of the Los Angeles financial scene since 1925. But these days, the old finance house is taking a [...]

FORGET the Internet, and forget Internet stocks. Chatsworth-based Capstone Turbine Corp., a maker of "microturbines," went public on June 29 at $16 a share. But it never traded at the [...]

NEW York City may have Mary Meeker, the queen of Internet analysts who works for Morgan Stanley Dean Witter, but Los Angeles has Debbie Simon, the doyen of dot-com valuations, [...]

Beverly Hills-based Hilton Hotels Inc. has been a weak performer on Wall Street, and the worst may not be over, according to PaineWebber. The stock was selling at nearly $25 [...]

The tech market has cooled off but deals are still getting done -- and sometimes they still turn hot on Wall Street. For example, Monrovia-based Software Technologies Corp., underwritten by [...]

Real estate investment trusts have not been stellar performers on Wall Street in the past couple years, even though annual yields have often exceeded 8 percent. But every investment has [...]

DESPITE the market turmoil last week in biotech stocks, among the hotter hands in town right now is veteran bio-investor Stephen Kriegsman, founder of the Westside-based finance boutique Kriegsman Group. [...]

Ken Luskin is a breed of money manager one used to see more of before blue chips ant tech stocks the oxygen out of the room for all other kinds [...]

HERE'S a wakeup message delivered recently to speculators in Farmer Bros. Co.: Don't start counting your beans yet. The ongoing saga of 77-year-old Torrance-based Farmer Bros. continues, with the coffee [...]

Company files with SEC to issue new stock offering After an explosive foray into retail and direct marketing of Apple computers and related products, Creative Computers Inc. has filed papers [...]

Paint-distributor Thompson PBE Inc. plans to issue $32.9 million in stock, and expand on its position as the No. 1 supplier of paints and related repair products to the nation's [...]

Having weathered a tough recession, Strouds Inc., the City of Industry-based retailer of bed, bath and tabletop products, now plans to raise up to $54.3 million on Wall Street, free [...]

In its first-ever unveiling of financials, stellar jeans manufacturer Guess? Inc. recently reported to the Securities and Exchange Commission that it netted a thumping $108.4 million on revenues of $492 [...]

Causing indigestion on Wall Street is Rykoff-Sexton, the big Los Angeles-based restaurant supply company that has been to investors what hamburger meat was to Jack-in-the-Box. While the market rallies, the [...]

Hanging over proposal is possibility of feds' action In a high-stakes bid for survival, a stock-for-bonds swap has been proposed by giant thrift holding company CalFed Inc., as federal regulators [...]

Struggling in recessionary quicksand for years, can big Southland thrifts at last tread their way onto dry land? Wall Street analysts, sunk many times by floundering California thrifts in recent [...]

Bear talk is bubbling up on Wall Street that something dirty is going on with the stock of Los Angeles-based Neutrogena Inc., the $209.8 million-in-sales soap maker traded over-the-counter. Too, [...]

CalFed stock dives to the lowest of lows as analysts say `buy' CalFed Inc., the stock analysts love but investors hate, fell to $4.25 a share in late trading last [...]

Kaufman & Broad is hammered and nailed by Wall Street bears The demolition of giant Los Angeles-based homebuilder Kaufman and Broad Home Corp. continued on Wall Street last week, as [...]

Summer melts Los Angeles-area financial stocks Top loser is Coast Savings; top gainer is Valley Fed Local financial stocks were hammered in a shaky July on Wall Street, as investors [...]

Each day is like the Ides of March for Caesars World Inc. Caesars World Inc., the Century City-based casino and hotel operator, has met its Brutus on Wall Street. In [...]

Tarnished pasts have no impact on Image image Image Entertainment Inc., the Chatsworth-based distributor of video laser discs: Super growth stock of the 1990s, or the best short on Wall [...]

First Executive fiasco prompts Bass brothers suit Billionaires sank $52 million into West L.A. company Kidder, Peabody & Co. Inc. mendacity and greed cost the Bass family empire the better [...]

Another local company has given up on its plans for a public listing on the New York Stock Exchange listing, at least for now. Aecom Technology Corp., parent of Los [...]

Municipal bond investors are dismissing the secession campaign. Los Angeles didn't pay more than comparable borrowers on a bond sale two weeks before voters decide on the plan. "Everybody believes [...]

NEPTUNE Society Inc., the at-sea burial and cremation service that's already experienced one Wall Street death, is attempting a rebirth. The Burbank-based company has filed papers with the Securities and [...]

Investor Warren Lichtenstein raised his stake in Stamps.Com Inc., the Santa Monica online postage company, to 8.1 percent from 6.9 percent, according to a filing with the Securities and Exchange [...]

For stout-hearted investors bullish on tech stocks, John Marrone, managing director of Roth Capital Partners in Los Angeles, has a play: buy a long-term option on QQQ, the stock that [...]

SHARES in Santa Monica-based Cadiz Inc. barely had a chance to come up for air recently, before heading below sea level again. The stock received a favorable mention in Fortune [...]

Peter Eichler, chairman of Santa Monica-based Aletheia Research & Management Co., is a guy who likes to put his money down hard on his latest ideas on Wall Street. "Starbucks?" [...]