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SMS Masterminds raises $12.2M, becomes public

By   /  Thursday, April 3rd, 2014  /  Central Coast, Technology, Top Stories, Tri-County Public Companies  /  2 Comments

San Luis Obispo-based SMS Masterminds has raised $12.2 million through its parent company and will soon bring a new public company headquarters to the Central Coast.

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Amgen pays $290M to exit osteoporosis drug deal

By   /  Thursday, April 3rd, 2014  /  Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen pays $290M to exit osteoporosis drug deal

Amgen will pay $290 million to end its collaboration with British drugmaker GlaxoSmithKline to commercialize the osteoporosis drug denosumab in certain markets outside the U.S.

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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.

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Move sues after Realtor.com chief leaves for rival Zillow

By   /  Tuesday, March 18th, 2014  /  Banking & Finance, Law & Goverment, Real Estate, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Move sues after Realtor.com chief leaves for rival Zillow

Move Inc., operator of Realtor.com, has sued a former employee and much-larger competitor Zillow, alleging theft of trade secrets.

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Ceres to plow $23M raise into sorghum tests

By   /  Friday, March 14th, 2014  /  Agribusiness, Banking & Finance, Tourism, Tri-County Public Companies  /  Comments Off on Ceres to plow $23M raise into sorghum tests

Thousand Oaks-based energy crop firm Ceres has raised $23 million that it hopes will help it to break even as it continues testing its seeds in Brazil.

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QAD profits slip despite record revenue

By   /  Thursday, March 13th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD profits slip despite record revenue

Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.

Latest

Heritage Oaks names new CFO

By   /  Wednesday, March 12th, 2014  /  Banking & Finance, Banking Industry, Tri-County Public Companies  /  Comments Off on Heritage Oaks names new CFO

Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.