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Amgen to pay dividend of $1 per share

By   /  Friday, March 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Amgen to pay dividend of $1 per share

Thousand Oaks-based biotech giant Amgen announced it will pay a second quarter dividend of $1 per share. Amgen increased its first quarter dividend to $1 per share from 79 cents on Dec. 15, which Amgen paid to shareholders during each quarter last year. Amgen will pay the dividend on June 8 to shareholders who own Read More →

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Semtech beats analysts’ revenue estimates

By   /  Friday, March 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech beats analysts’ revenue estimates

Semtech beat analyst estimates but revenues sank again as weak mobile phone demand hampered the Camarillo-based semi conductor manufacturer. The company reported fourth quarter and year end results March 2 for the 2016 fiscal year. Fourth quarter revenues fell 9 percent from $130.4 million in 2015 to $118.6 million in 2016. According to Yahoo Finance, Read More →

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CKE may be leaving Carpinteria

By   /  Friday, March 4th, 2016  /  Latest news  /  Comments Off on CKE may be leaving Carpinteria

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Apps drive home the point that safe motoring matters

By   /  Friday, March 4th, 2016  /  Columns, Latest news, Technology  /  Comments Off on Apps drive home the point that safe motoring matters

A Cal Poly Technology Park company is helping drivers drive better by giving them feedback. Several apps developed by Mentor eData track how well users drive and give them scores at the end of their trips. Stephen Lakowske founded the company in 2009 when his two teenage daughters approached driving age. “I thought ‘holy smokes, Read More →

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SLO County winery’s Chapter 11 triggers bank lawsuit

By   /  Friday, March 4th, 2016  /  Latest news, Law  /  Comments Off on SLO County winery’s Chapter 11 triggers bank lawsuit

Wells Fargo is suing San Luis Obispo County-based winemaker and well-known entrepreneur Christopher J. Conway for an alleged $12.86 million unpaid loan. The bank is suing the owners of the Rancho Arroyo Grande ranch and vineyard, which is spread over nearly 3,500 acres at 591 Hi Mountain Road east of Arroyo Grande. Rancho Arroyo Grande Read More →

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Real estate tech firms target Montecito, Santa Barbara

By   /  Friday, March 4th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Real estate tech firms target Montecito, Santa Barbara

The tri-county real estate tech scene is surging. A number of web-based brokerage firms are flooding the region, targeting the affluent neighborhoods of Montecito and Santa Barbara. They aim to disrupt the established order of the real estate market through features such as streamlined online platforms, lower commission rates and live video walkthroughs. Open Listings Read More →

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Goleta’s DuPont Displays closes, lays off 41 employees

By   /  Thursday, March 3rd, 2016  /  Latest news  /  Comments Off on Goleta’s DuPont Displays closes, lays off 41 employees

DuPont Displays laid off 41 employees when the Goleta-based company permanently closed Feb. 29 after almost 26 years in business. DuPont Displays was a lighting subsidiary of DuPont USA and developed LED, LCD and organic light emitting diode technology. The company started as UC Santa Barbara startup Uniax in 1990 using technology developed by professor Read More →

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