Lockheed Martin’s first quarter results mixed
Lockheed Martin reported mixed first quarter 2016 earnings results on April 26. During the quarter, Lockheed Martin posted revenues of $11.7 billion and earnings per share of $2.58. Thompson Reuters analysts had predicted revenues of $11.34 billion and earnings per share of $2.59. During the same quarter last year, the company had revenues of $10.11 Read More →
Net earnings up 47.7 percent at Citizens Business Bank
Ontario-based Citizens Business Bank reported a 47.7 percent increase in net earnings for the first quarter of 2016. CVB Financial Corp. and its subsidiary Citizens Business Bank reported a $23.4 million net income, or 22 cents a share, up from $15.8 million in the first quarter of 2015. It was an increase of $7.6 million Read More →
CalAmp misses on revenue but hits earnings per share estimates
CalAmp, an Oxnard-based company that makes products for the wireless sector, barely missed revenue estimates but hit earnings per share estimates when it reported fourth quarter 2016 and fiscal year-end earnings April 19. Fourth quarter revenues of $70.8 million barely missed analyst estimates of $71.05 million, according to Yahoo Finance, but that increased from $69.2 Read More →
Ponzi scheme costs ATM investors $125M
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Robo adviser platforms vie with human investment advice
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City National Bank opens Westlake Village office
City National Bank announced on April 7 the opening of its new Westlake Village office. The subsidiary of Toronto-based Royal Bank of Canada has been steadily growing its retail, commercial and wealth management presence in Ventura County. Its new 2,700-square-foot office at 3027 Townsgate Road will serve clients in Westlake and surrounding communities in Los Angeles Read More →
Central Coast peer-to-peer lending grows
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