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Teledyne revenues dip as profits, outlook rise

By   /  Friday, July 25th, 2014  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  No Comments

Though Thousand Oaks-based conglomerate Teledyne missed its revenue mark for the second quarter, profits jumped 30 percent compared to a year prior, beating analysts estimates. The company also boosted its full-year profit outlook.

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Allergan’s South Coast exit reshapes breast implant industry

By   /  Friday, July 25th, 2014  /  Health Care, South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

The region’s status changed dramatically on July 21 when Irvine-based Allergan announced that it would shutter its Santa Barbara operations and eliminate 300 jobs there.

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A clean start: Emissions firm names new CEO, moves back home

By   /  Friday, July 25th, 2014  /  Real Estate, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Clean Diesel Technologues assemblyworkers at its Oxnard factory, where the company is consolidating its headquarters. The firm recently promoted executive Chris Harris to CEO as it works toward profitability. (Nik Blaskovich / Business Times photo)

Clean Diesel Technologies has a new CEO and an old headquarters.

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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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Network Hardware Resale becomes Curvature as strategy shifts

By   /  Friday, July 18th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

CurvatureWEB1

Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.

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Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

By   /  Friday, July 18th, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  No Comments

A year ago, the management team at Simi Valley-based Qualstar was ousted by Florida-based BKF Capital, which vowed to cut costs and executive compensation while expanding international sales.  (Stephen Nellis / Business Times photo)

One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.

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