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Montecito Bank & Trust
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Salem builds on conservative media empire with book publisher

By   /  Friday, January 31st, 2014  /  Banking & Finance, Personal Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Salem builds on conservative media empire with book publisher

Salem Communications Corp. is building a self-described “conservative media powerhouse” amid seismic changes in the industry.

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Solar projects boom but some fear a bubble

By   /  Friday, January 31st, 2014  /  Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Solar projects boom but some fear a bubble

Solar installers boomed in 2013 and are expecting another good year, but some are skeptical about the new financial models underlying the growth numbers.

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Amgen profits hit $5B, beat expectations

By   /  Tuesday, January 28th, 2014  /  Earnings, East Ventura County, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen profits hit $5B, beat expectations

The biotech company recorded earnings per share of $7.60, well above the $7.46 expected by a survey of 27 analysts by Thomson Reuters.

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Semtech to cut jobs

By   /  Monday, January 27th, 2014  /  Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech to cut jobs

Camarillo-based chipmaker Semtech Corp. said Jan. 27 that it is slashing 6 percent of its workforce in anticipation of lower demand for its products in the second half of this year.

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Ceres files for $20M offering

By   /  Friday, January 24th, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Green Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Ceres files for $20M offering

The Thousand Oaks-based firm said it would like to use the proceeds from the public offering to expand its Brazilian operations, participate in collaborations and break into new markets.

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Teledyne shares dip despite jump in Q4 profits

By   /  Thursday, January 23rd, 2014  /  Earnings, East Ventura County, Latest news, Technology  /  Comments Off on Teledyne shares dip despite jump in Q4 profits

Shares of defense and industrial conglomerate Teledyne Technologies sank 1.6 percent in midday trading on Thursday despite higher sales and profits from the Thousand Oaks-based firm.

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Amgen enters into deals for colon cancer, IBD treatments

By   /  Friday, January 17th, 2014  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen enters into deals for colon cancer, IBD treatments

Thousand Oaks-based Amgen has entered into two new collaborations, one involving treatment for colon cancer and another regarding therapies for inflammatory bowel disease.