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Comcast, Time-Warner’s $45B deal falls through

By   /  Friday, April 24th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Comcast, Time-Warner’s $45B deal falls through

Comcast has dropped its $45 billion bid to acquire Time-Warner Cable. The deal would have more than doubled Comcast’s market share in California and created a Comcast-Cox duopoloy among tri-county cable providers. However, in a statement released today, Comcast Chairman and CEO Brian Roberts said the deal was structured so that both companies could walk Read More →

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Intel funding validates virtual reality business

By   /  Friday, April 24th, 2015  /  Latest news, Technology, Top Stories  /  Comments Off on Intel funding validates virtual reality business

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Smart & Final bulking up in Oxnard shopping center

By   /  Thursday, April 23rd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, West Ventura County  /  Comments Off on Smart & Final bulking up in Oxnard shopping center

Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly Read More →

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CalAmp’s fourth-quarter earnings surpass predictions

By   /  Wednesday, April 22nd, 2015  /  Earnings, Latest news  /  Comments Off on CalAmp’s fourth-quarter earnings surpass predictions

[wikichart align=”right” ticker=”NASDAQ:CAMP” showannotations=”true” livequote=”true” startdate=”22-10-2014″ enddate=”22-04-2015″ width=”300″ height=”245″] CalAmp shares soared more than 20 percent on April 22 after the company reported earnings for the quarter that beat estimates. Volume was unusually heavy with nearly 6 million shares trading hands, roughly 15 times average daily volume of about 450,000 shares. CalAmp’s profit was 32 Read More →

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Latest

Amgen boosts outlook on positive first-quarter results

By   /  Tuesday, April 21st, 2015  /  Earnings, East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen boosts outlook on positive first-quarter results

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.

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Santa Barbara Airport gets $3M grant from FAA

By   /  Monday, April 20th, 2015  /  Central Coast, Latest news, South Coast, Top Stories  /  Comments Off on Santa Barbara Airport gets $3M grant from FAA

The Santa Barbara Municipal Airport is getting an infrastructure overhaul thanks to a Federal Aviation Administration grant of just over $3 million. Retiring Congresswoman Lois Capps announced the FAA funding, most of which will go toward the airport’s $3.37 million airfield lighting and safety project. “The project will improve airfield pavement, markings, lighting, and security Read More →

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Latest

Customer list, library drive $1.5B merger

By   /  Friday, April 17th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on Customer list, library drive $1.5B merger

It is the second largest tech acquisition in the tri-county region’s history, after the $6.9 billion purchase of Santa Barbara-based Software.com.

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