Amgen to cut 70 jobs
By Staff Report / Thursday, June 5th, 2014 / Central Coast Health Watch, East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / 2 Comments
Thousand Oaks-based Amgen plans to lay off 70 people, primarily in its information systems department at its headquarters.
Read More →Calavo shares rally on record Q2 profits
By Austen Hufford / Monday, June 2nd, 2014 / Agribusiness, Banking & Finance, East Ventura County, Tri-County Economy, Tri-County Public Companies / Comments Off on Calavo shares rally on record Q2 profits
Shares of produce marketer Calavo Growers surged more than 7 percent in midday trading on Monday as the firm’s second-quarter profits surged 205 percent to $6.7 million, setting a quarterly earnings record.
Read More →QAD shares soar on narrower Q1 loss
By Staff Report / Friday, May 30th, 2014 / Banking & Finance, South Coast, Technology, Tri-County Public Companies / Comments Off on QAD shares soar on narrower Q1 loss
Shares of software firm QAD shot up almost 7 percent in midday trading on Friday after the company reported a smaller first-quarter loss. Santa Barbara-based QAD posted a quarterly loss of $76,000, or 1 cent per Class A share and break-even for Class B shares, compared to a loss of $1.3 million a year earlier. Read More →
Read More →Resonant IPO raises $16.2M to fuel Skyworks deal
By Staff Report / Thursday, May 29th, 2014 / South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Resonant IPO raises $16.2M to fuel Skyworks deal
Shares of Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to Apple, were up 50 percent in the first day after it raised $16.2 million in an initial public offering.
Read More →City National hires set stage for South Coast expansion
By Staff Report / Tuesday, May 20th, 2014 / Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on City National hires set stage for South Coast expansion
City National Bank has hired a team of prominent South Coast private bankers as it gets ready to launch an expansion into Santa Barbara County. The Los Angeles-based bank, one of the largest based in California, said Tuesday that it has hired Leo Hamill, Susan Rogers, Annamarie Cole, Amber Ortiz and Roy Martinez. All are Read More →
Read More →UPDATED: Bank of Santa Barbara CEO search underway
By Marlize van Romburgh / Friday, May 16th, 2014 / Banking & Finance, Banking Industry, South Coast, Top Stories, Tri-County Economy / Comments Off on UPDATED: Bank of Santa Barbara CEO search underway
The Bank of Santa Barbara is searching for a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules. Eloy Ortega has left his position as chief executive and Joanne Funari has been appointed interim CEO while a special committee recruits a new leader.
Read More →The Bank of Santa Barbara CEO steps down
By Marlize van Romburgh / Wednesday, May 14th, 2014 / Banking & Finance, Banking Industry, South Coast, Tri-County Economy / Comments Off on The Bank of Santa Barbara CEO steps down
The Bank of Santa Barbara is seeking a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules.
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