March 20, 2005

ultimateLA.com Los Angeles Stocks list comes back to life

After residing in a dormant stage for a couple of years, we are bringing the Los Angeles Stocks page on ultimateLA.com back to life. We are removing the old names that no longer matter (Eh Gaads, was that eToys.com that we had to remove from the list just now?), and adding some new and exciting companies. The S&P 500 has been moving sideways for the past 12 months, and would be markedly down were it not for the brief post-election rally and the natural resource stocks that have been carrying the market. Within this context, take a look at two Los Angeles stocks that are up over 200% percent within the past year: Intermix Media (owner of the ever popular MySpace.com website) and True Religion Apparel, the company that makes the $200 jeans that are the must-have item among the Generation-Y club hopping set. Both of these companies are now on our Los Angeles Stock table, and we hope to highlight some more soon that have not yet entered their "breakout" phase. Stay tuned.

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Los Angeles Stocks

Posted by ultimatela at 06:38 PM | Comments (0)

January 31, 2005

LABJ reports surge of Venture Capital Investment into Los Angeles County

http://www.labusinessjournal.com/article.asp?aID=2210511.5669345.1095822.3962845.3998728.351&aID2=84285

The Los Angeles Business Journal is reporting a surge of Venture Capital money coming into L.A. County in the 4th quarter of 2004. Mostly small $5-$15M investments spread across internet, tech, & biotech firms. Leading the way was online matchmaker eHarmony of Pasadena, which received $110M.

www.ultimateLA.com - The Best of Los Angeles on the Net

Posted by ultimatela at 10:53 PM | Comments (0)

January 30, 2005

Yahoo signs large lease in Santa Monica. Colordao Center to be renamed Yahoo Center

http://www.cpnonline.com/cpn/specialties/article_display.jsp?vnu_content_id=1000779135

Looks like Yahoo wants their media group to be located near Hollywood. Yahoo will have up to 1,000 employees at this site. Definately a boon to Westside apartment owners and restaurants/bars that cater to the 20s & 30s crowd.

www.ultimateLA.com - The Best of Los Angeles on the Net

Posted by ultimatela at 08:44 PM | Comments (0)