Finance

SetPoint Medical raises $30 million in equity financing

SetPoint Medical, a Valencia-based biomedical technology company developing a bioelectronic therapy for chronic inflammatory diseases, has secured $30 million in Series D equity financing. The funding will help SetPoint Series

EARNINGS ROUNDUP

Five Point Holdings Five Point Holdings, owner and developer of Newhall Ranch and other mixed-use master-planned communities in coastal California, reported second quarter 2017 financial results on Aug. 10. “We

Med Tech Solutions buys Constellation’s IT unit

Med Tech Solutions, a Valencia-based health care cloud computing company, has acquired the health information technology business unit of Constellation Inc. In a statement, MTS said the move will help

CFO Profile: Bob Hudson, Henry Mayo Newhall Hospital

After serving as chief financial officer of Henry Mayo Newhall Hospital since 2001, Charlie Robert (Bob) Hudson retired at the end of June. Hudson’s career in healthcare financial management included

Knowledge Exchange

Calvin Hedman Company: Hedman Partners, accounting Title: President   Born: Bowman, N.D. Education: University of North Dakota; CSUN, Bachelor’s in business administration, accounting option     Hobbies: Golf, basketball, traveling

Financial Services: The Millennial Factor

Millennials, those born in the 1980’s and ’90s, have become America’s largest generation, passing the baby boomers. The oldest millennials are entering their peak earning years, buying homes and making

California United Bank bought by Pacific Western

In a union of two Los Angeles-based regional banks announed last month, PacWest Bancorp last month announced the purchase of CU Bancorp, corporate parent of California United Bank. California United,