November 27, 2024

		


| Monday, July 30th, 2012

Community West lost $591K in Q2

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

Shares of Community West Bancshares soared 7.7 percent even as the Goleta-based bank reported a $591,000 second-quarter loss. The parent company of Community West Bank’s latest loss swings away from an $819,000 profit in the first quarter. Including $268,000 in dividends and accretion on preferred stock, Community West’s second-quarter net loss applicable to common stockholders Read More →

| Monday, July 30th, 2012

Clean Diesel wins Honda contract

Green Coast, Latest news, Technology, Tri-County Public Companies

Ventura-based Clean Diesel Technologies said July 30 that it won a contract to supply catalysts for four- and six-cylinder Honda Accords, some of the best-selling models in North America. The company, known as Catalytic Solutions before a merger in 2010, makes catalytic converters in its Oxnard factory and has about 180 employees. Its converters clean Read More →

| Friday, July 27th, 2012

Spirit of Small Business 2012 winners announced

Features, Small Business

The 10th edition of Spirit of Small Business, the Pacific Coast Business Times’ annual celebration of small business and entrepreneurship in the Tri-Counties, published July 27. This 40-page special section features nine small businesses from Ventura, Santa Barbara and San Luis Obispo counties. To read profiles of the winners, pick up a print copy of Read More →

| Friday, July 27th, 2012

Analysis: John Kerry trades on Amgen show loophole in new law

Banking & Finance, Law & Goverment, Technology, Top Stories, Tri-County Public Companies

By Julian Moore, Special to the Business Times, on July 27, 2012 In August, stock sales by members of Congress and thousands of federal employees will get new scrutiny under the STOCK Act, a law passed in April to combat insider trading among government officials. But a Business Times examination of the timing of the Read More →

| Thursday, July 26th, 2012

Amgen Q2 earnings up 8 percent

Latest news

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-01-2012″ enddate=”26-07-2012″ width=”300″ height=”245″] Amgen’s earnings beat market expectations in the second quarter and rose 8.2 percent, the Thousand Oaks-based biotech giant said in a July 26 report. The company reported a profit of $1.27 billion, or $1.61 a share, up from $1.17 billion, or $1.25 a share,  a year Read More →

| Thursday, July 26th, 2012

As merger looms, PCBC marks profits

Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Public Companies

Santa Barbara Bank & Trust parent Pacific Capital Bancorp earned $24.1 million, or 73 cents per diluted share, in the second quarter of 2012 compared with $21 million the year before. The company, which is in the process of being bought by Union Bank, said the profits were its highest since Texas-based Ford Financial Group Read More →

| Thursday, July 26th, 2012

Teledyne profits, sales up

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

Thousand Oaks-based Teledyne Technologies, a defense and industrial conglomerate, reported second-quarter profits of $39.5 million, or $1.06 a share, on July 26, compared with $38.7 million, or $1.04, last year. The company also said it took in $518.5 million in sales compared with $502.9 million for the second quarter of 2011. Sales increased 3.1 percent Read More →