Inphi shares plummet 17% in after-hours trading
Shares of Inphi Corp. soared more than 13 percent in day trading on Aug. 23, before plummeting almost 17 percent in after-hours trading as the company issued a statement saying it’s lowering its revenue outlook for the second half of the year. The semiconductor company said in a statement that it has recently become aware Read More →
Banks map out growth plans
Three recent earnings reports from area banks shed light on the tri-county economy as we approach the three-year anniversary of the crisis that nearly wrecked the nation’s financial system.
Nahra surfaces at PacWest
Lynda Nahra has been hired by Los Angeles-based Pacific Western Bank to run its Central Coast region.
PCBC earns $21M in Q2
Pacific Capital Bancorp took another step toward getting out from under its regulatory consent order, reporting second-quarter net income of $21 million, or 64 cents per share, on July 27.
Bank taps fund to pay TARP
First California Bank is repaying the $25 million in federal aid it took from the Treasury with a new federal aid program.
