Salem misses earnings estimates for third quarter
Salem Media Group beat analyst revenue estimates but missed earnings per share estimates, according to third quarter earnings reported Nov. 7. Salem Media Group, a Camarillo-based Christian and conservative radio operator, reported revenues of $71.3 million, up from $67.5 million in 2015, which topped analyst estimates by $2.5 million. Net income rose from $2.1 million Read More →
Heritage Oaks Bank income up slightly in third quarter
Paso Robles-based Heritage Oaks Bank reported a net income of $4.2 million in the third quarter, or 12 cents per diluted common share, up from $4 million, or 12 cents per share, for the same period last year. Gross loans increased by $136 million, or 11.3 percent, to $1.3 billion, compared to $1.2 billion in Read More →
Central Coast has time to adjust to Diablo Canyon closure
The closure of the Diablo Canyon Power Plant will hurt the San Luis Obispo County economy but the region will have time to adjust as the plant cycles down, Robert Kleinhenz of Beacon Economics said. Pacific Gas and Electric announced plans in June to close its power plant by 2025, leaving the area without one Read More →
Tri-county airports jockey for more daily flights
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Sientra settles lawsuits over public offering
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Central Coast bank merger wave rolls on
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Joens: A fond farewell to the tri-county technology scene
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