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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care & Life Science, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Allergan to shutter Goleta facility, cut 300 jobs

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker Read More →

Latest

Inogen shares rise on rosier outlook

By   /  Wednesday, May 14th, 2014  /  Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares rise on rosier outlook

Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.

Latest

Ryland revenues soar on higher home sales

By   /  Thursday, April 24th, 2014  /  Earnings, Real Estate, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland revenues soar on higher home sales

A Ryland Group townhome development in Chanhassen, Minn. (Ryland Group media image)

First-quarter profits at homebuilder The Ryland Group climbed 6.4 percent to $23.5 million, or 42 cents per share, as it sold more houses and at higher prices.

Latest

Inogen swings to $18.2M profit in 2013

By   /  Friday, March 28th, 2014  /  Banking & Finance, Earnings, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen swings to $18.2M profit in 2013

Medical device maker Inogen notched $18.2 million in profits, or $1.10 per diluted share, on $75.4 million in revenue last year, the Goleta firm said in its first earnings report as a public company.

Latest

Semtech meets Street expectations after layoffs

By   /  Wednesday, March 5th, 2014  /  Earnings, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Semtech meets Street expectations after layoffs

Camarillo-based Semtech Corp. delivered earnings on par with Wall Street expectations on March 5, holding its forecast steady as it deals with the costs of laying off 6 percent of its workforce and navigating a rough patch amid several years of growth.

Latest

LTC earnings jump 14.7%

By   /  Friday, February 21st, 2014  /  Banking & Finance, Earnings, Latest news, Real Estate  /  Comments Off on LTC earnings jump 14.7%

LTC Properties’ fourth-quarter profits jumped 14.7 percent to $13.7 million, or 40 cents per diluted share, it said on Feb. 20.

Latest

Conversant beats expectations in Q4

By   /  Tuesday, February 11th, 2014  /  Earnings, Technology, Tri-County Public Companies  /  Comments Off on Conversant beats expectations in Q4

Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.