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Inphi third quarter earnings beat analyst estimates

By   /  Tuesday, October 27th, 2015  /  Earnings, Latest news  /  Comments Off on Inphi third quarter earnings beat analyst estimates

Inphi Corp. beat analyst estimates by a penny when the company released third quarter earnings on Oct. 27. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. Inphi Corp. earnings were 25 cents per share, one cent greater Read More →

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FDA OKs Amgen skin cancer drug Imlygic

By   /  Tuesday, October 27th, 2015  /  Central Coast Health Watch, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on FDA OKs Amgen skin cancer drug Imlygic

The U.S. Food and Drug Administration on Oct. 27 approved Amgen’s cancer immunotherapy drug Imlygic for use in patients with the most deadly types of skin cancer. Imlygic, which is the first immunotherapy like this to gain approval for use in the U.S., is a genetically modified herpes virus that is designed to replicate itself Read More →

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First Mortgage Corp. closing Ventura branch

By   /  Monday, October 26th, 2015  /  Banking Industry, Latest news  /  Comments Off on First Mortgage Corp. closing Ventura branch

Ontario-based loan provider First Mortgage Corp. is closing its doors, including a branch in Ventura, the company announced on Oct. 26. First Mortgage stopped giving out loans in July, according to the news release. It is in the process of selling off or liquidating its loan and servicing portfolios and its loan origination offices. Its Read More →

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Port of Hueneme gets $12.3 million grant

By   /  Monday, October 26th, 2015  /  Latest news, Top Stories, West Ventura County  /  Comments Off on Port of Hueneme gets $12.3 million grant

The Port of Hueneme has been awarded a $12.3 million grant from the U.S. Department of Transportation for improvements. “This is a big win for the Port of Hueneme. As one of the crown jewels of Ventura County, the economic impact of the port on our local economy cannot be overstated,” said Congresswoman Julia Brownley, Read More →

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Fire breaks out at Sientra manufacturer

By   /  Friday, October 23rd, 2015  /  Central Coast Health Watch, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Fire breaks out at Sientra manufacturer

Goleta breast implant developer Sientra said there had been a fire at the factory of its manufacturer in Brazil, the company announced on Oct. 23. Sientra did not say how big the fire was or if it would impact manufacturing at Silimed, the largest producer of silicone implants in South America. The company didn’t specify Read More →

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Sientra waits for production to resume amid stock crash

By   /  Friday, October 23rd, 2015  /  Central Coast Health Watch, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra waits for production to resume amid stock crash

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Mergers reshape tri-county banking

By   /  Friday, October 23rd, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Mergers reshape tri-county banking

Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →

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