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Amgen CEO again tops list of region’s highest paid execs

By   /  Friday, April 30th, 2021  /  Banking & Finance, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen CEO again tops list of region’s highest paid execs

Robert Bradway remained the highest paid executive in the Tri-Counties in 2020, but stock options and new faces changed a lot of the names and positions on the list. Bradway, the CEO of Amgen, earned $20.13 million in total compensation in 2020 — 3% more than he earned in 2019, and 8.23% more than in Read More →

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LTC Properties reports income drop

By   /  Friday, April 30th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC Properties reports income drop

LTC Properties saw its net income drop almost 80% in a year as it missed estimates and saw decreased rental income. The Westlake Village-based real estate investment trust, which specializes in health care and senior living properties, reported $13.6 million in net income, or 35 cents per diluted share, for the first quarter of 2021. Read More →

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Teledyne shares up on earnings news as Flir acquisition draws nearer

By   /  Wednesday, April 28th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne shares up on earnings news as Flir acquisition draws nearer

Teledyne Technologies saw growth in nearly all markets during the first quarter of 2021, helping the company beat expectations and deliver positive results on its first earnings report of the year. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported an adjusted earnings per share of $3.02 for the first quarter of 2021, beating Zacks’ Read More →

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Amgen stock tumbles after earnings report

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Biotech, Earnings, East Ventura County, middle, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen stock tumbles after earnings report

Editor’s note: This article was updated at 8:35 a.m. on April 28 with up-to-date information on Amgen’s stock price. Amgen’s shares fell nearly 8% following the company’s April 27 release of its first quarter 2021 earnings, which saw a decline in both revenue and net income compared to a year earlier. Amgen is headquartered in Read More →

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Earnings up at Pacific Premier Bank

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Earnings up at Pacific Premier Bank

Pacific Premier Bancorp saw its net income more than double in the past year when it reported its first quarter financial earnings on April 27. The Irvine-based bank, which has 11 branches in the tri-county region, had a net income of $68.7 million, or 72 cents per share, for the first quarter of 2021. In Read More →

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American Riviera Bank tops $1B in assets

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on American Riviera Bank tops $1B in assets

American Riviera Bank recorded more than $1 billion in assets for the first time when it reported its financial results for the first quarter of 2021. The Santa Barbara-based bank saw its net income rise during the quarter to $2.56 million, or 50 cents per share, compared to net income of $1.2 million, or 23 Read More →

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Santa Barbara County cannabis company to go public in $567M merger

By   /  Friday, April 23rd, 2021  /  Agribusiness, Banking & Finance, Latest news, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Santa Barbara County cannabis company to go public in $567M merger

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