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Deckers shares jump as firm raises full-year outlook on higher Q1 sales

By   /  Thursday, July 24th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  No Comments

Deckers' Ugg store on Madison Avenue in New York. (courtesy photo)

  Shares of Deckers Outdoor Corp. hopped 5.6 percent in after-hours trading on July 24 as the footwear firm reported better-than-expected sales and raised its outlook for the full year. The firm’s loss widened to $37.1 million, or $1.07 per share, compared to a loss of $29.3 million in the same period a year earlier. […]

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New Yorker faces SEC charges over Clean Diesel trades

By   /  Tuesday, July 22nd, 2014  /  Latest news, Law, Technology, Tri-County Public Companies, West Ventura County  /  No Comments

A New York investor relations executive has been charged with insider trading for using knowledge gained preparing press releases for Oxnard-based Clean Diesel Technologies for personal profit.

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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker […]

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PennyMac counts on family, Countrywide ties

By   /  Friday, July 18th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  No Comments

pennymacWEB1

  PennyMac, the Moorpark-based firm founded by former top brass at Countrywide Financial Corp., has inked a $550 million loan repurchasing deal with Bank of America. The deal forms a half-billion-dollar pact among three companies that have been intimately connected since shortly after Countrywide, the firm at the heart of the subprime loan meltdown, was […]

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Teledyne dives into underwater drone business with Ocean Aero deal

By   /  Friday, July 11th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean […]

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Clean Diesel names new CEO

By   /  Monday, July 7th, 2014  /  Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Ventura-based Clean Diesel Technologies has promoted Christopher Harris to president and CEO, filling a vacancy created by former chief executive Craig Breese’s sudden departure in late 2013. Harris joined Clean Diesel as chief operations officer in late 2010, with the merger of Clean Diesel and Catalytic Solutions. He has served as the company’s chief operating […]

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Inogen gets FDA approval for at-home oxygen device

By   /  Tuesday, June 24th, 2014  /  Health Care, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

InogenFoundersWEB

Goleta-based Inogen said it has received approval from the U.S. Food and Drug Administration to sell a stationary oxygen concentrator.

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