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By Elijah Brumback / Friday, July 18th, 2014 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on PennyMac counts on family, Countrywide ties
PennyMac, the Moorpark-based firm founded by former top brass at Countrywide Financial Corp., has inked a $550 million loan repurchasing deal with Bank of America. The deal forms a half-billion-dollar pact among three companies that have been intimately connected since shortly after Countrywide, the firm at the heart of the subprime loan meltdown, was Read More →
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By Stephen Nellis / Friday, July 11th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Teledyne dives into underwater drone business with Ocean Aero deal
While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean Read More →
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By Staff Report / Monday, July 7th, 2014 / Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel names new CEO
Ventura-based Clean Diesel Technologies has promoted Christopher Harris to president and CEO, filling a vacancy created by former chief executive Craig Breese’s sudden departure in late 2013. Harris joined Clean Diesel as chief operations officer in late 2010, with the merger of Clean Diesel and Catalytic Solutions. He has served as the company’s chief operating Read More →
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