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PennyMac beats profit expectations but misses on revenue

By   /  Wednesday, February 3rd, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on 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 →

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VC Credit Union maps expansion

By   /  Friday, January 22nd, 2016  /  Banking & Finance, Banking Industry, Latest news, West Ventura County  /  Comments Off on VC Credit Union maps expansion

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Voters to decide Ventura County growth

By   /  Friday, January 1st, 2016  /  Agribusiness, East Ventura County, Latest news, Real Estate, Top Stories, Top Story, West Ventura County  /  1 Comment

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Forecast for Santa Barbara: construction, clogged streets

By   /  Friday, October 31st, 2014  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on Forecast for Santa Barbara: construction, clogged streets

With several developments slated for the south end of State Street and along Cabrillo Boulevard this winter, coupled with two major bridge replacements, significant traffic congestion is expected and the city hopes residents can be patient.

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Letter: SCE should listen to Moorpark residents’ concerns in nursery dispute

By   /  Friday, September 26th, 2014  /  Editorials, Opinion  /  Comments Off on 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 →

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SoCal Edison, nursery square off in Moorpark

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy  /  1 Comment

Sparks are flying in a dispute between Southern California Edison and Performance Nursery, a tenant on the electric utility company’s Moorpark property. In late July, SoCal Edison sent a letter to Performance Nursery, which has leased 42 acres at Tierra Rejada Road and Arroyo Simi for almost 30 years, giving it until Oct. 15 to Read More →

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Editorial: Large employers loosen grip on Ventura County

By   /  Friday, August 1st, 2014  /  Editorials, Opinion  /  Comments Off on 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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