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By Philip Joens / Friday, October 30th, 2015 / Latest news, Top Stories, Tri-County Public Companies / Comments Off on Sientra sends letter to surgeons about breast implant production
Sientra CEO Hani Zeini issued a letter to plastic surgeons Oct. 30 outlining what the Goleta-based breast implant manufacturer needs to do to restart production at its plant in Brazil. Zeini also implied in the letter that the Food and Drug Administration is going to make a decision regarding Sientra products, which is something Read More →
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By Staff Report / Thursday, October 29th, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news / Comments Off on Heritage Oaks Bancorp increases third quarter earnings
Paso Robles-based Heritage Oaks Bancorp reported $4 million in net income, or 12 cents per share, for the third quarter of 2015. That was up from $3.4 million, or 10 cents per share, recorded in the third quarter of last year. Loans grew 4.8 percent, or $55.2 million, to $1.21 billion in the third quarter Read More →
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By Staff Report / Thursday, October 29th, 2015 / Earnings, Latest news, Technology, Tri-County Public Companies / Comments Off on Teledyne sales dropped in third quarter
Sales slumped once again for Teledyne Technologies in the third quarter. The Thousand Oaks-based industrial conglomerate said it saw sales decline for the third straight quarter when it released third quarter earnings on Oct. 29. Sales fell 7.6 percent from $601.1 million during the third quarter of 2014 to $555.4 million this year. Because of Read More →
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By Staff Report / Thursday, October 29th, 2015 / Earnings, Latest news, Tri-County Public Companies / Comments Off on Deckers Outdoor beats Wall Street expectations
Deckers Outdoor nearly hit Wall Street expectations on the nose with second quarter earnings released by the company Oct. 29. Sales jumped 1.4 percent during the second quarter from $480.3 million last year to $ 486.9 million for the Goleta-based manufacturer of outdoor footwear apparel and accessories. Analysts expected revenues of about $486.8 million. Deckers Read More →
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By Staff Report / Wednesday, October 28th, 2015 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Shareholders approve proposed American Riviera Bank and The Bank of Santa Barbara merger
American Riviera Bank and The Bank of Santa Barbara shareholders approved the banks’ proposed merger, the institutions announced on Oct. 27. The merger is expected to close by January 2016, pending final regulatory approval. The combined companies, which will go by American Riviera Bank, will have branches in downtown Santa Barbara, Montecito and Goleta Read More →
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By Philip Joens / Wednesday, October 28th, 2015 / Central Coast Health Watch, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Amgen’s third quarter earnings beat Wall Street expectations
Thousand Oaks biotech giant Amgen blew Wall Street away when it released third quarter earnings on Oct. 28. Amgen beat analyst revenue estimates by posting revenues of $5.72 billion, compared to the $5.23 billion analysts expected. That’s up from about $5 billion during last year’s third quarter. Net income increased to $1.86 billion during the Read More →
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