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News
LABJ Stock Index: September 7
6+ day, 13+ hour ago (309+ words) Cybercriminals Think You’re an Easy Target. Prove Them Wrong No one likes to manage dozens or even hundreds of ever-changing passwords. No surprise, then, that one frustrated private equity chief operating officer simply refused. Instead, he used a single password…...
CRC Expands Beyond Oilfield
2+ week, 13+ hour ago (635+ words) Company buys $63M pipeline firm, plans data hub. Long Beach-based California Resources Corp., the state’s largest oil and natural gas producer, has purchased an Irvine-based pipeline company and plans a data center next to its Kern County oilfield operations. California Resources,…...
Teledyne Buys X-Ray Maker
2+ week, 6+ day ago (136+ words) The $1.1 billion deal expands firm’s healthcare imaging reach. Teledyne Technologies Inc., a digital imaging company based in Thousand Oaks, has agreed to acquire Varex Imaging Corp. in a deal valued at $1.1 billion. Teledyne Technologies will pay $18.90 per share in an…...
LABJ Stock Index: August 24
2+ week, 6+ day ago (275+ words) What’s Asset-Backed Finance? Not all private credit is the same. Asset-backed finance offers a distinction that matters. Asset-backed finance explained Asset-backed finance (ABF) is lending that’s backed by real assets and the payments those assets generate – rather than just a…...