American Riviera Bank assets pass half-billion dollar mark
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesAmerican Riviera Bank, headquartered in Santa Barbara, had an unaudited net income of $1,383,000, or 31 cents per share, for the third quarter of 2017, the company announced in its earnings report on Oct. 24. The bank reported $518 million in total assets as of the third quarter of 2017. The growth was driven by Read More →
Third quarter net income rises at Pacific Premier Bank
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesPacific Premier Bancorp, parent company of Pacific Premier Bank, had diluted earnings per share of 50 cents for the third quarter of 2017, the company announced its earnings report on Oct. 23. The company said it had net income of $20.2 million for the third quarter of 2017 that reflected an increase of $6.1 million, Read More →
Biotech giant Amgen to pay dividend on Dec. 8
Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Public CompaniesBiotech giant Amgen announced Oct. 24 that it would pay a $1.15 dividend for its fourth quarter of fiscal 2017. Stockholders of record for the Thousand Oaks-based company at the end of day on Nov. 17 will receive the dividend on Dec. 8.
Lockheed Martin sales up but net income drops
Earnings, Latest news, Technology, Tri-County Public CompaniesLockheed Martin, an aerospace and defense contractor with operations in San Luis Obispo, Santa Maria and Goleta, reported a 5 percent increase in net sales but a steep drop in net income for the quarter ended Sept. 24. Sales rose to nearly $12.2 billion, primarily from the aeronautics and space systems segments, but net earnings Read More →
Westlake Village biotech company MannKind restructures debt
Health Care & Life Science, Latest news, Technology, Tri-County Public CompaniesMannKind announced Oct. 23 that it had restructured debt due in 2018, exchanging $27.7 million in convertible notes for $23.7 million due in October of 2021 and nearly 1 million shares of its common stock. The new convertible senior subordinated exchange notes have a rate of 5.75 percent, the Westlake Village-based biotech company said in Read More →
Sierra Bancorp reports higher net income
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesSierra Bancorp, parent company of the Bank of the Sierra, had diluted earnings per share of 41 cents for the third quarter of 2017, the company announced in its earnings report on Oct. 23. In a news release, the company said it had consolidated net income of $5.7 million for the third quarter of 2017 Read More →
Investor sues Deckers over board member slate, annual meeting
Latest news, South Coast, Tri-County Public CompaniesDeckers Brands investor Marcato Capital Management has filed a lawsuit against the company to get a new slate of board members approved and ensure that its annual shareholder meeting will take place as planned on Dec. 14. Marcato purchased around 6 percent of the Goleta Ugg boot-maker’s stock in February and now owns around 8.4 Read More →
