Inphi’s IPO the highlight of Wall St. week
Inphi Corp.’s initial public offering was an unmitigated success during a volatile month in a volatile year for the markets, experts said.
Inphi shares climb on first day
Shares of Inphi Corp., the Santa Clara-based chipmaker with big operations in Westlake Village, shot up nearly 28 percent to close at $15.30 after they hit the market Nov. 11. Shares of the initial public offering made their debut on the New York Stock Exchange under the symbol IPHI. The 6.8 million shares hit the Read More →
First California acquires failed Woodland Hills bank
[Editor’s note: This story has been corrected. Scroll down to the bottom for the update.] Westlake Village-based First California Financial Group acquired the assets of Western Commercial Bank on Nov. 5 after federal regulators shut down the Woodland Hills-based institution. First California will pay the Federal Deposit Insurance Corp. a half percent premium to assume Read More →
Inphi predicts $10-$12 IPO price
Inphi Corp., the chip design firm with a big presence in Ventura County, expects the shares of its initial public offering to sell for between $10 and $12. With shares scheduled to hit the market as early as Nov. 10, Inphi would raise $74.8 million if investors buy in the middle of its range. It Read More →
Zumbox goes coast-to-coast
Westlake Village-based Zumbox, the provider of a Web-based paperless mail platform, said Sept. 22 that it has rolled out its system in San Francisco and Newark, N.J. Zumbox is a more secure version of electronic mail that works by verifying residents’ physical address by mailing them a pass code to turn on their inbox. The Read More →
