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Articles Tagged With ‘Stock Market’




CalPERS investment returns fall below 1 percent

Written on 25 Jul, 2016 in Daily Briefs, Featured | 24 comments

CalPERS earned a return on its investments of just .6 percent in the last fiscal year, marking the state retirement fund’s worst performance since 2009. The pension system must average a yearly return of at least 7.5 percent to meet... (Continue reading)

MindBody revenues up, losses continue

Written on 5 Nov, 2015 in Daily Briefs, Featured | 12 comments

MindBody, a world leader in software for the health and wellness industry, reported that revenue increased 48 percent to $26.1 million in the third quarter of 2015 when compared to 2014. The San Luis Obispo based company also reported a... (Continue reading)

San Luis Obispo man target of federal securities investigation

Written on 9 Oct, 2015 in Featured, Uncovered SLO | 41 comments

By KAREN VELIE Federal authorities are investigating several companies suspected of involvement in an alleged securities and wire fraud scheme. Some of the companies are owned by a San Luis Obispo man, his wife or his girlfriend, according to public... (Continue reading)

SLO software company going public

Written on 12 May, 2015 in Daily Briefs, Featured | 8 comments

San Luis Obispo-based Mindbody, a firm that sells software for managing health and wellness businesses, has announced its plans to become a publicly traded company. [Business Times] Mindbody filed its offering statement with the Securities and Exchange Commission on Monday... (Continue reading)

SEC charges Santa Barbara company with fraud

Written on 27 Dec, 2014 in Daily Briefs, Featured | 5 comments

The Securities and Exchange Commission charged a Santa Barbara based stock promoter last week with fraudulently raising nearly $3.5 million from investors purportedly to purchase Facebook and Twitter shares prior to their initial public offerings (IPOs). The SEC alleges that... (Continue reading)

Federal judge accused of financial conflicts of interest

Written on 20 Nov, 2012 in Daily Briefs, Featured | 5 comments

A federal judge for the Central District of California in Los Angeles has issued three key rulings over a four-year period that favored companies in which he owned stock, a California Watch analysis has found. Judges are required to make... (Continue reading)