CVB Financial Corp., the parent company of Citizens Business Bank, reported net income of $64.6 million for the third quarter ended June 30, an increase from $49.7 million in the same quarter a year ago. Diluted earnings per share were 46 cents for the third quarter of 2022, compared to 37 cents for the same Read More →
Shares of Montecito-based Olaplex dropped more than 50% on Oct. 19 after the hair care products company slashed its revenue guidance for the full 2022 fiscal year fiscal. Olaplex shares closed at $4.24 on Oct. 19, down 56.7% from the previous day’s close. The company released preliminary third quarter earnings on Oct. 18, with executives Read More →
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The Camarillo-based semiconductor manufacturer Semtech will raise up to $300 million in a private debt placement to help pay for its pending acquisition of Sierra Wireless. The company announced a $250 million in convertible senior notes on Oct. 6 and upped the total to $300 million the next day. The notes will pay 1.625% interest Read More →
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