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Cost cutting, new drugs boost Amgen shares

By   /  Monday, October 27th, 2014  /  Earnings, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Cost cutting, new drugs boost Amgen shares

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”27-04-2014″ enddate=”27-10-2014″ width=”300″ height=”245″] Cost cutting moves and new drugs are starting to pay off for Amgen Inc., as the biotech giant raised earnings guidance after a stronger-than-expected third quarter. The company said Oct. 27 that strong demand for its white blood cell booster, Neulasta, and increased sales of newer Read More →

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Nasdaq delisting in sight for Ceres

By   /  Friday, October 24th, 2014  /  Agribusiness, East Ventura County, Tri-County Public Companies  /  Comments Off on Nasdaq delisting in sight for Ceres

Ceres, Inc., an agricultural biotechnology company that sells seeds for producing renewable bioenergy feedstocks, is delisting from the Nasdaq after the company continued to fail to meet the minimum bid price requirement of $1.00. The company was notified on April 28, that it no longer met the criteria for listing and in anticipation of not Read More →

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Ryland shares gain on housing market performance

By   /  Friday, October 24th, 2014  /  Earnings, East Ventura County, Tri-County Public Companies  /  Comments Off on Ryland shares gain on housing market performance

[wikichart align=”right” ticker=”NYSE:RYL” showannotations=”true” livequote=”true” startdate=”24-04-2014″ enddate=”24-10-2014″ width=”300″ height=”245″] Based in part on a 7.2 percent increase in third-quarter orders for new units, Westlake Village-based national homebuilder Ryland Group was trading higher Thursday after projected earnings beat Wall Street analyst expectations. Shares of Ryland Group closed at $35.78 on Oct. 23. The company reported a Read More →

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Deckers shares stumble as shopping season takes off

By   /  Friday, October 24th, 2014  /  Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers shares stumble as shopping season takes off

The Goleta-based owner of Ugg, Teva, Simple, Sanuk and other popular footwear brands is a bit of a bellwether for holiday shopping and the overall retail climate.

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Ojai Community Bank opens South Coast outpost

By   /  Thursday, October 23rd, 2014  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Ojai Community Bank opens South Coast outpost

Santa Barbara’s newest banking office, Santa Barbara Community Bank, opened its doors quietly on Oct. 22.

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Clean Diesel chairman resigns, metals industry veteran steps in

By   /  Tuesday, September 30th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel chairman resigns, metals industry veteran steps in

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean Read More →

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Qualstar shares sink on $5.6M loss

By   /  Monday, September 29th, 2014  /  Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Qualstar shares sink on $5.6M loss

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →