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Rabobank facility bringing 250 jobs to Santa Maria

By   /  Friday, October 23rd, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Rabobank facility bringing 250 jobs to Santa Maria

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Goleta’s Community West Bank has strong third quarter

By   /  Thursday, October 22nd, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Goleta’s Community West Bank has strong third quarter

Community West Bancshares, parent company of Community West Bank headquartered in Goleta,  reported on Oct. 22 net income of $1.6 million in the third quarter of 2015 compared to net income of $1.7 million in the third quarter a year ago. Community West reported net income of $1.0 million in the first nine months of Read More →

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Breast implant manufacturer Sientra’s stock price hits all-time low

By   /  Friday, October 16th, 2015  /  Central Coast Health Watch, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Breast implant manufacturer Sientra’s stock price hits all-time low

Shares of Sientra hit a new all-time low on Oct. 16 when the stock fell another six cents on the day and closed at $5.77 per share. For the Goleta-based breast implant manufacturer, it marks another low in a saga that’s starting to turn ugly. Shares of Sientra initially plummeted from $20.58 per share to Read More →

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Citizens Business Bank acquiring County Commerce Bank

By   /  Wednesday, October 14th, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Citizens Business Bank acquiring County Commerce Bank

Ontario-based Citizens Business Bank will acquire Oxnard-based County Commerce Bank in a cash and stock deal announced Oct. 14. The deal will strengthen Citizens’ commercial banking presence in Ventura County and CCB will have more lending power, the companies said in a news release. In exchange for all of CCB’s common stock and options, Citizens Read More →

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Appfolio expanding in Goleta

By   /  Wednesday, October 14th, 2015  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Appfolio expanding in Goleta

Appfolio is expanding in Goleta. Appfolio will lease an additional 7,855 square feet of space at its office at 50 Castilian Drive in Goleta, according to documents filed with the Securities and Exchange Commission on Oct. 14. The new space will increase the amount of space Appfolio leases from Nassau Land Company to 26,490 square Read More →

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Kythera laying off 117 employees in Westlake Village

By   /  Tuesday, October 13th, 2015  /  Central Coast Health Watch, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Kythera laying off 117 employees in Westlake Village

Kythera Biopharmaceuticals is permanently laying off 117 employees at its Westlake Village offices, according to a filing today with the Securities and Exchange Commission. The layoffs come as no surprise and appear to be part of Kythera’s merger with Dublin-based Allergan. On June 17, Allergan announced that it would buy Kythera for $2.1 billion. The Read More →

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Amgen bone density drug shows positive results

By   /  Monday, October 12th, 2015  /  Central Coast Health Watch, Latest news, Tri-County Public Companies  /  Comments Off on Amgen bone density drug shows positive results

Thousand Oaks-based pharmaceutical giant Amgen announced results Oct. 12 showing its bone density drug Prolia reduced the incidences of bone fractures in post-menopausal women with osteoporosis over 10 years. Prolia is designed to raise bone density in people with a history of osteoporosis. Amgen released the data during the annual conference of the American Society Read More →

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