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Community West post big first-quarter numbers

By   /  Friday, April 24th, 2015  /  Earnings, Latest news, Top Stories  /  No Comments

Goleta-based Community West Bancshares, parent company of Community West Bank, reported a profit of $1.8 million in the first quarter of 2015. The company recorded a profit of $1.4 million in the same period last year. “Community West’s first quarter accomplishments were a good start to the year as we continue to successfully strengthen our […]

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Regional banks pluck talent to grow

By   /  Friday, April 24th, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  No Comments

The shifting financial industry landscape has set the stage for increased competition among regional banks trying to snap up local talent and a slice of the mid-size company market. However, some industry experts think the newly consolidated landscape and shrinking number of small banks could close the door on many entrepreneurs and smaller businesses. “For […]

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Comcast, Time-Warner’s $45B deal falls through

By   /  Friday, April 24th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  No Comments

Comcast has dropped its $45 billion bid to acquire Time-Warner Cable. The deal would have more than doubled Comcast’s market share in California and created a Comcast-Cox duopoloy among tri-county cable providers. However, in a statement released today, Comcast Chairman and CEO Brian Roberts said the deal was structured so that both companies could walk […]

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CalAmp’s fourth-quarter earnings surpass predictions

By   /  Wednesday, April 22nd, 2015  /  Earnings, Latest news  /  No Comments

Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full chart at Wikinvest CalAmp shares soared more than 20 percent on April 22 after the company reported earnings for the quarter that beat estimates. Volume was unusually heavy with nearly 6 million shares trading hands, roughly […]

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Amgen boosts outlook on positive first-quarter results

By   /  Tuesday, April 21st, 2015  /  Earnings, East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  No Comments

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.

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FDA approves Amgen heart drug

By   /  Wednesday, April 15th, 2015  /  Health Care, Latest news, Technology, Top Stories, Tri-County Public Companies  /  No Comments

The drug is the first chronic heart failure medication approved by the FDA in nearly a decade.

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Amgen alum speeds toward OK for chin drug

By   /  Friday, April 10th, 2015  /  East Ventura County, Health Care, Latest news, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Known as ATX-101, the facial injection for the treatment of double chins has been recommended for approval by an FDA advisory committee.

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