The increase was primarily due to the inclusion of Mission Community Bancorp’s operating results, which boosted pre-tax net income in the company’s fourth quarter financials.
Amgen, the nation’s biggest biotech company, reported fourth-quarter profits that beat analysts’ estimates, aided by a tax benefit and higher-than-estimated sales of arthritis drug Enbrel.
Overlooked in some media reports is the fact that with the former Dain Rauscher brokerage firm as part of its existing U.S. footprint, RBC has a strong presence, particularly in the West and Midwest.
The Goleta-based footwear maker and distributor reported a softer-than-expected holiday shopping season and poor performance in its roll out to asian markets, prompting the company to dial back its fiscal fourth quarter guidance.
