PennyMac beats profit expectations but misses on revenue
Moorpark-based PennyMac Financial Services reported a $68.9 million profit on revenue of $187.2 million for the fourth quarter, beating Wall Street expectations on profit but missing on revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported a profit 58 cents per share Read More →
Read More →VC Credit Union maps expansion
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Read More →Letter: SCE should listen to Moorpark residents’ concerns in nursery dispute
Dear Editor: Kudos to Elijah Brumback for his Sept. 19 article on the Moorpark nursery being evicted by Southern California Edison, after operating on SCE land for 28 years. It’s the first report to solicit any type of response from SCE. When Edison spokesman Rudy Gonzalez said, “no not really,” in addressing whether SCE has Read More →
Read More →Editorial: Large employers loosen grip on Ventura County
Half-a-dozen years ago, East Ventura County’s economy was heavily dependent on two very large employers: subprime lending giant Countrywide Financial Corp. and biotech behemoth Amgen.
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