Finbriefs: American Riviera Bank, LTC, PennyMac earnings
American Riviera Bank reports lower net income in Q3 Santa Barbara-based American Riviera Bank reported a net income of $2.6 million in the third quarter of 2023, down from $3 million in the same quarter a year ago, the organization reported on Oct. 26. So far through the year, net income is also down as Read More →
Amgen beats Q3 expectations, discusses Horizon purchase
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Portfolio watch
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Fresh trim: Olaplex CEO steps down amid brand, stock struggles
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Community West, Central Valley Banks are “better together”
About 18 months ago, Marty Plourd, CEO of Community West Bank at the time met James Kim, CEO of Central Valley Community Bank, and after a successful first meeting, the two kept in touch, building “a bond of trust.” On Oct. 10, that bond of trust came full circle when it was announced that Goleta-based Read More →
Dubroff: U.S. Bank CIO shares insights on nation’s economy
At a pivotal moment for investors, the future of the U.S. economy lies in the hands of American consumers and their ability to fund aspirational trips and gifts and without breaking the bank. On a morning where war in the Middle East and turmoil in Congress were making headlines, Eric Freedman, chief investment officer at Read More →
Teledyne announces third quarter results, C-Suite changes
It was another quarter of growth for Thousand Oaks-based Teledyne, with sales and earnings both increasing — but the biggest news announced by the technology and defense conglomerate was actually a change in the C-Suite. Robert Mehrabian, the longtime Teledyne executive, will be stepping down from his post as CEO on Jan. 1 and moving into Read More →
