Community West Bank expanding into San Luis Obispo
By Staff Report / Wednesday, December 30th, 2015 / Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories / Comments Off on Community West Bank expanding into San Luis Obispo
Goleta-based Community West Bank plans to open a new branch in San Luis Obispo. Community West, which is owned by Community West Bancshares, looks to debut a full-service branch at 4464 Broad Street — its first in San Luis Obispo County. Its sixth tri-county location, pending approval from federal regulators, would open in the third Read More →
Calavo Growers’ fourth quarter earnings fall short
By Staff Report / Tuesday, December 29th, 2015 / Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Calavo Growers’ fourth quarter earnings fall short
Santa Paula-based Calavo Growers missed analyst projections on its fourth-quarter earnings. Calavo Growers, which is known for its avocado production, reported on Dec. 29 a profit of 28 cents per share, missing Wall Street’s projection of 46 cents per share. Calavo Growers stock ended the day at $49.51 per share, down $1.14. The company posted Read More →
SESLOC opening branch in Santa Maria
By pacbiztimes / Friday, December 18th, 2015 / Banking & Finance, Banking Industry, Central Coast, Latest news / Comments Off on SESLOC opening branch in Santa Maria
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Sientra faces disclosure lawsuits
By Philip Joens / Friday, December 18th, 2015 / Health Care & Life Science, Latest news, Law & Goverment, left, Top Stories, Tri-County Public Companies / Comments Off on Sientra faces disclosure lawsuits
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City National bank CEO heralds Fed decision to raise rates
By Henry Dubroff / Thursday, December 17th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on City National bank CEO heralds Fed decision to raise rates
The Federal Reserve’s Dec. 16 decision to begin the long process of normalizing short-term interest rates got a thumbs up from one of Southern California’s most influential bankers. City National Bank CEO Russell Goldsmith heralded the decision to raise the benchmark short-term rate to 25 basis points from zero — the first rate hike in Read More →
Freska buys Oceanside avocado packing plant
By Staff Report / Thursday, December 17th, 2015 / Agribusiness, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Freska buys Oceanside avocado packing plant
Oxnard-based Freska Produce International has purchased an avocado packer, Harvest Time Produce of Oceanside, the company announced in a news release Dec. 17. The move by Freska, which already has a Mexican avocado program, will allow the company known for mangoes to use the Oceanside packing plant to become a year-round provider of avocados. Terms Read More →
Amgen increases dividend to $1 per share
By Staff Report / Tuesday, December 15th, 2015 / Health Care & Life Science, Latest news, Tri-County Public Companies / Comments Off on Amgen increases dividend to $1 per share
Amgen increased its yearly dividend 27 percent this year to $1 per share. Previously, the dividend had been 79 cents per share for the Thousand Oaks-based biotech giant. Shares jumped after news of the 27-cent dividend broke. The announcement was made just after the markets closed at 1:11 p.m. Amgen closed the trading day up Read More →