FDA approves Amgen’s Parsabiv drug to treat chronic kidney disease
Health Care & Life Science, Latest newsThe U.S. Food and Drug Administration approved Amgen’s Parsabiv drug to treat patients with chronic kidney disease, the company announced on Feb. 7. The Thousand Oaks-based biotech company’s Parsabiv is the first therapy approved for the treatment of secondary hyperparathyroidism for patients on hemodialysis in 12 years, Amgen said. “We are excited about today’s approval Read More →
Camarillo’s Whalen Bryan opens office in Santa Barbara
Latest news, Small BusinessCamarillo-based Whalen Bryan opened a second office at 925 W. Anapamu St. in downtown Santa Barbara. The executive recruiting and staffing agency places employees in the attorney, paralegal, legal secretary and legal administrator fields. “Our expertise in staffing allows employers to focus on their core business rather than human resource matters,” Principal Kathi Whalen said Read More →
Santa Barbara City College gets $1 million grant from Julie Nadel
Higher Education, Latest newsSanta Barbara City College and its foundation received a $1 million grant creating an endowment fund for its School of Business and Entrepreneurship from Julie Nadel and the Nadel Foundation. The school will be renamed the Jack and Julie Nadel School of Business and Entrepreneurship, and the funds will establish an incubator and event space Read More →
San Luis Obispo acquires Waddell Ranch
Latest news, Real EstateThe city of San Luis Obispo completed the $1.1 million acquisition of the 154-acre Waddell Ranch to be conserved in perpetuity. The ranch contains the headwaters of Froom Creek and adjoins the city’s Irish Hills Natural Reserve. The deal, executed by the city of SLO, the Trust for Public Land and property owner Duane Waddell Read More →
Former El Torito property on waterfront sells for $7.2 million
Latest news, Real EstateThe former El Torito property on the Santa Barbara waterfront was sold for $7.2 million, Lee & Associates announced on Feb. 2. The owners are planning to re-tenant the space with a new undisclosed restaurant, the commercial real estate company said. The 9,500-square-foot space at 29 E. Cabrillo Boulevard has a 12,000-square-foot beachfront and sits Read More →
PennyMac Financial beats Wall Street’s earnings estimates
Earnings, Latest news, Real Estate, Tri-County Public CompaniesUpdated at 1 p.m. on Feb. 3: Moorpark-based PennyMac Financial Services reported net income of $113.8 million on revenue of $289.3 million for the fourth quarter of 2016, exceeding Wall Street’s expectations on earnings per share. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of Read More →
OCB Bancorp reports strong fourth quarter earnings
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesOCB Bancorp, parent company of Ojai Community Bank and its divisions — Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank – reported net income of $1.28 million in the fourth quarter of 2016, an increase of $361,000 or 39 percent over 2015. Total loans finished the year at $209 million, an Read More →
