Private Equity Firms In U.S. Raise $132.7 Billion http://www.dgvcn.com/blog/venture-capital-news/... The private equity firms in the United States posted a significant first half of 2008, when they raised $132.7 billion across 185 funds. The value is just 3 percent down from the last year figure. During the same period in 2007, it was $137.2 billion raised by 199 funds. The figure was mainly contributed by the mezzanine fund raising and venture capital fund raising
Comarco Sells Call Box System Business To Case Systems LLC http://www.dgvcn.com/blog/venture-capital-news/... Comarco, Inc., a leading provider of innovative mobile power solutions sold its call box systems business to Case Systems LLC. Sebastian Gutierrez, the general manager of Comarco s call box business, is the founder, president and chief executive officer of Case Systems.
Mindspeed Sells Non- Core Patents For $10 Million http://www.dgvcn.com/blog/venture-capital-news/... Mindspeed Technologies Inc jumped in the stock market by more than 8 percent, after it has completed the sale of its non- core patents for $10 million. The company has been generating huge revenue from the patent sales and is expected to generate more in the future.
Yearly Jobs Decline In Orange County http://www.dgvcn.com/blog/venture-capital-news/... Orange County posted a significant yearly job loss in June, as reported by the state s Employment Development Department. The decline was accounted for 25,400 jobs, which was a 1.7 percent jump from June 2007. The decline was led by financial, construction, manufacturing and government sectors.
First Heritage And First National Bank of Nevada Own By Mutual of Omaha Bank http://www.dgvcn.com/blog/venture-capital-news/... The First Heritage and First National Bank of Nevada had been bought by Mutual of Omaha Bank. First Heritage Bank was seized by the Federal Deposit Insurance Corp., for being undercapitalized. Both the banks were owned by First National Bank Holding Co., Arizona.
Downey s $218.9 Million Loss In Q2 http://www.dgvcn.com/blog/venture-capital-news/... Downey Financial Corp., posted a loss of $218.9 million, or $7.86 per share in the second quarter of this year, as compared to a profit of $32.7 million, or $1.17 per share a year ago. The company s loss was accompanied by higher provision for credit losses and operations expenses
Broadcom's Shares Fall As Expenses Rise In Q3 http://www.dgvcn.com/blog/venture-capital-news/... After a significant second quarter outlook, Irvine-based Broadcom Corp. faced a slip in stock market on Wednesday. The chipmaker's shares fell 5 percent at close of trading on a recent market value of about $13 billion, as the expenses in the current quarter rise.
Advanced Medical Optics Shares Fall After Q2 Results http://www.dgvcn.com/blog/venture-capital-news/... The maker of eye surgery devices Advanced Medical Optics Inc. s shares fell 14 percent after the company reported its second quarter results on Monday. However, the shares closed at 5 percent midday. More..
First American Posts Profit In Q2 http://www.dgvcn.com/blog/venture-capital-news/... First American Corp. posted a net income of $42 million in the second quarter of 2008, as compared to a loss of $66 million during the same period a year ago. The company is a leading provider of business information. More...
Quest Softwares Q2 Results http://www.dgvcn.com/blog/venture-capital-news/... Quest Software Inc. s shares fell after the company released its second quarter results. Its total revenues increased 22 percent to $173 million, as compared to last year s second quarter revenue of $142.3 million, though failed to meet the analysts expectations.
