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You are here:  Home  >  Articles by Staff Report  -  Page 443
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Amid losses, Community West hit with regulatory order

By   /  Wednesday, February 1st, 2012  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on Amid losses, Community West hit with regulatory order

[wikichart align=”center” ticker=”CWBC” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] The parent company of Goleta-based Community West Bank has reported an $8.6 million loss for the fourth quarter and disclosed a consent order from banking regulators. Community West Bancshares said Feb. 1 that its fourth-quarter performance was impacted by a $6.7 million allowance against deferred taxes Read More →

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Inphi taps new CEO after profits fall 93%

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi taps new CEO after profits fall 93%

Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →

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InTouch scores $6M investment

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology  /  Comments Off on InTouch scores $6M investment

Goleta-based InTouch Health, a telemedicine robot maker, has received an investment of $6 million from iRobot. InTouch’s telemedicine robots allow doctors to examine patients and prescribe drugs remotely. The company, which has signaled that it intends to go public, received its last round of funding in a $10 million private placement in 2010. In July, Read More →

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PCBC reports $70.5M in 2011 profits

By   /  Monday, January 30th, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PCBC reports $70.5M in 2011 profits

[wikichart align=”center” ticker=”PCBC” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] Pacific Capital Bancorp, the largest bank based in the region, earned $70.5 million in 2011, its first full calendar year under the ownership of a Texas-based private equity group. The parent company of Santa Barbara Bank & Trust saw its fourth-quarter profits drop 39.8 percent to Read More →

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Kavli Institute receives $2.5M grant

By   /  Monday, January 30th, 2012  /  Latest news  /  Comments Off on Kavli Institute receives $2.5M grant

The Simons Foundation granted $2.5 million to UC Santa Barbara’s Kavli Institute for Theoretical Physics to support the work of visiting scientists. Hundreds of theoretical physicists visit the Kavli Institute to meet with other experts and partake in conferences every year. The Simons Distinguished Visiting Scientist program will work by providing finances to the researchers’ Read More →

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Op/ed: Cyber crimes and data breaches are not just the problems of big companies

By   /  Friday, January 27th, 2012  /  Op/Eds, Opinion  /  1 Comment

Small-business owners are facing a growing number of hurdles in protecting their companies from cyber attacks.

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SLO law firm to change name

By   /  Thursday, January 26th, 2012  /  Latest news, Law  /  Comments Off on SLO law firm to change name

San Luis Obispo County’s second-largest law firm is changing names as one of its partners departs. On Feb. 1, Sinsheimer Juhnke Lebens & McIvor will become Sinsheimer Juhnke McIvor & Stroh. Before the change, the firm ranked ninth-largest in the Tri-Counties with 12 attorneys and the second-largest in San Luis Obispo County. Its website now Read More →

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