Westlake Village startup PureSpectrum raises $1.6 million
PureSpectrum, a Westlake Village startup that creates surveys for companies seeking reliable data from survey participants, raised $1.6 million July 21, it announced in an Aug. 12 news release. Entrepreneur Michael McCrary started working full-time on the project in December. This spring he joined the California Lutheran University Center for Entrepreneurship’s Hub 101 incubator, which Read More →
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Ventura County gets more land for Camarillo Airport business park
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Read More →PennyMac Financial beats analyst estimates for second quarter
Westlake Village-based PennyMac Financial Services reported a net income of $74.3 million for the second quarter of 2016 on revenue of $207.8 million, exceeding analyst projection on earnings per share and revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported earnings of Read More →
Read More →LTC Properties hits FFO projections, misses on revenue
Westlake Village-based LTC Properties matched analyst projections on funds from operations but missed on revenue in its second quarter earnings. The publicly traded real estate and investment trust earned $29.2 million in FFO for the second quarter, up 22 percent from $24 million for the comparable 2015 period. That matched analyst expectations of 77 cents per diluted Read More →
Read More →Life is precious takeaway from terror attack in Nice
Westlake Village financial planner John C. Lindsey had just arrived in Nice for a family vacation when his ordeal began. After an “awesome Bastille Day fireworks show,” the July 14 terror attack started with a crowd running toward him and his son-in-law as he enjoyed a celebratory cigar. They immediately “ducked back into their hotel,” Read More →
Read More →Brownley, Capps object to time limit for comment on importing citrus from Argentina
The public comment period on a U.S. Department of Agriculture proposal to allow the importation of citrus from Argentina was extended July 11, but members of Congress continued to express dissatisfaction with the time restrictions for analysis. On May 10, the USDA Animal and Plant Health Inspection Service published its proposed new rule with a Read More →
Read More →Westlake Village’s LTC Properties buys 70-unit complex in Georgia
Westlake Village-based real estate investment trust LTC Properties announced July 8 that it bought a 70-unit assisted living and memory care complex near Athens, Ga., for $14.3 million. The newly built community has 90 licensed beds and consists of 50 assisted living units and 20 dedicated memory care units. The deal expands LTC’s relationship with Read More →
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