AML acquisition ends brief bidding war
After a short bidding flurry, Camarillo-based defense electronics firm AML Communications has been purchased by an Irvine chipmaker for $28 million.
Final withdrawal: Behind the scenes of San Luis Trust seizure
A team of about 60 FDIC staff members worked late into the night and through the weekend to wind San Luis Trust down and transfer its assets to First California.
Liftoff for Space Center: Ground-breaking expected this year near Lompoc
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Oxnard firm lands $93M defense contract
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Bringing light to the world
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Dealing a new card at First California
First California Financial Group’s foray into the prepaid debit card market is a potentially lucrative moneymaker for the banking firm, but also a step into a riskier, increasingly regulated business.
Postal cutbacks signal crunch in public sector
Between the rise of e-mail and the Great Recession, the U.S. Postal Service hasn’t had an easy decade. Mail volume is down 20 percent since 2006 and the agency has even discussed eliminating Saturday delivery.
