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Ryland revenues soar on higher home sales

By   /  Thursday, April 24th, 2014  /  Earnings, Real Estate, Top Stories, Tri-County Public Companies  /  No Comments

A Ryland Group townhome development in Chanhassen, Minn. (Ryland Group media image)

First-quarter profits at homebuilder The Ryland Group climbed 6.4 percent to $23.5 million, or 42 cents per share, as it sold more houses and at higher prices.

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J.D. Power buys online marketing metrics firm Korrelate

By   /  Wednesday, April 23rd, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  No Comments

Acura's consumer website received the highest ranking in J.D. Power's manufacturer website evaluation study in 2013.( Acura media photo)

Westlake Village-based J.D. Power has purchased Korrelate, an Orlando-based digital marketing company that measures consumers’ online behaviors and links them to offline sales activity. T

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Industrial segments fuel record Q1 profits at Teledyne

By   /  Wednesday, April 23rd, 2014  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Despite widespread defense cuts, industrial business drove record first-quarter sales and profits at Teledyne Technologies, prompting the Thousand Oaks-based industrial conglomerate to raise its full-year outlook.

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Amgen shares slide on lackluster Q1 profits

By   /  Tuesday, April 22nd, 2014  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  No Comments

Shares of Amgen fell nearly 3 percent in late trading on Tuesday following a weaker-than-expected first quarter earnings report from the world’s biggest biotech company.

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The eyes have it when it comes to Medicare payouts

By   /  Monday, April 21st, 2014  /  Central Coast, East Ventura County, Health Care, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Of the 3,286 individual doctors in the Tri-Counties who billed Medicare for reimbursements in 2012, fewer than 1 percent received more than $1 million from the federal program.

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Lawsuit alleges Montecito man sold stocks despite FINRA ban

By   /  Saturday, April 19th, 2014  /  Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy  /  No Comments

A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor […]

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Health care prices under scrutiny in Sansum-Cottage merger

By   /  Friday, April 18th, 2014  /  Health Care, South Coast, Top Stories, Tri-County Economy  /  No Comments

Santa Barbara Cottage Hospital is part of Cottage Health System, which plans to merge with Sansum Clinic, a physician network. (Business Times file photo)

As the regulatory review of the proposed merger between Cottage Health System and Sansum Clinic  stretches to the six-month mark, a recent federal court ruling points out key issues that arise when a dominant hospital system buys a major physician group. In an Idaho case decided earlier this year, the Federal Trade Commission intensely focused […]

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