July 17, 2024

		


| Tuesday, August 5th, 2014

Bank of America names market president

Banking & Finance, Banking Industry, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County

Diana Gleason has been named market president for Bank of America in Ventura and Santa Barbara counties. Most recently, Gleason was a regional sales executive for Bank of American Home Loans for Ventura, Santa Barbara and San Luis Obispo counties and West Los Angeles. She has been in the banking industry for nearly 40 years Read More →

| Thursday, July 31st, 2014

Direct Relief seeks to purchase airport land for new campus

Real Estate, South Coast, Top Stories, Tri-County Economy

The Santa Barbara City Council is slated to hear a proposal from Direct Relief, the largest nonprofit headquartered in the region, to buy a parcel of land near the municipal airport and build a 125,000-square-foot facility there. Goleta-based Direct Relief has outgrown its existing facility and wants to build a 100,000-square-foot warehouse and 25,000 square Read More →

| Tuesday, July 29th, 2014

Amgen to slash 2,400 jobs, shrink Thousand Oaks HQ

Earnings, East Ventura County, Latest news, Technology, Top Stories, Tri-County Public Companies

Thousand Oaks-based Amgen will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that will eliminate between 2,400 and 2,900 jobs and shutter facilities in Colorado and Washington. Amgen said the moves are designed to reduce operating expenses by $700 million by 2016, money that Read More →

| Tuesday, July 29th, 2014

Heritage Oaks Q2 profits jump 25%

Banking & Finance, Banking Industry, Central Coast, South Coast, Tri-County Economy

Paso Robles-based Heritage Oaks Bancorp’s second-quarter profits jumped 25.1 percent to $2.9 million. Net income from its acquisition of Mission Community Bancorp in February drove the increase, Heritage Oaks said in a July 28 earnings release. The bank’s loans grew 46.9 percent to $1.1 billion, year-over-year, as it added $280.7 million of Mission’s loans to Read More →

| Friday, July 25th, 2014

Community West Bank profits fall 19.8 percent

Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies

Goleta-based Community West Bancshares, the holding company for Community West Bank, reported that earnings per diluted share fell to $0.18 for the second quarter while net interest income rose to $6.3 million.

| Friday, July 25th, 2014

Teledyne revenues dip as profits, outlook rise

Earnings, Latest news, Technology, Tri-County Public Companies

Though Thousand Oaks-based conglomerate Teledyne missed its revenue mark for the second quarter, profits jumped 30 percent compared to a year prior, beating analysts estimates. The company also boosted its full-year profit outlook.

| Friday, July 25th, 2014

Announcing the 2014 Spirit of Small Business winners

Central Coast, East Ventura County, Green Coast, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County, Women Inc.

The Pacific Coast Business Times is pleased to announce our 2014 class of Spirit of Small Business award winners. The annual special section, now in its 12th year, celebrates small-business ownership and entrepreneurship in the Tri-Counties.