Digital West completes merger with Norcast Telecom
Latest news, TechnologyDigital West announced Jan. 24 that it completed a merger with its fellow IT network provider Norcast Telecom, both headquartered in San Luis Obispo. Together, they will have 60 employees with no staff reductions planned. “Our two companies have worked closely for more than 10 years; in fact, we work with many of the same Read More →
Pacific Premier Bancorp’s net income climbs
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesPacific Premier Bancorp (PPBI), the holding company of Pacific Premier Bank, reported fourth quarter net income of $12 million, or 43 cents per diluted share, including $772,000 of merger-related expenses related to its pending acquisition of Heritage Oaks Bancorp. Net income was up from $8.1 million, or 37 cents per diluted share, in the fourth Read More →
Lockheed Martin reports strong fourth quarter earnings
Latest news, TechnologyDefense and technology giant Lockheed Martin, which has operations in Goleta, reported earnings of $3.25 per share for the fourth quarter of 2016, bringing it up to $12.38 per share for the year. Sales grew from $11.8 billion in the final quarter of 2015 to $13.8 billion, the company reported Jan. 24, with net earnings Read More →
Chumash reservation annexes Camp 4 in Santa Ynez
Agribusiness, Latest news, Real EstateThe Bureau of Indian Affairs placed the 1,390 acres in Santa Ynez known as Camp 4 into federal trust Jan. 23, which will allow the Santa Ynez Band of Chumash Indians to begin building homes for its tribal members, the Chumash said. After several appeals since the Chumash submitted the application in 2013, the BIA Read More →
Salem Media Group acquires ChristianConcertAlerts.com
Latest news, Tri-County Public CompaniesCamarillo-based Christian and conservative radio company Salem Media Group announced the acquisition of ChristianConcertAlerts.com. The website provides tour and event dates for more than 300 Christian musicians and 4,000 venues in the U.S. “I started ChristianConcertAlerts.com as a way to mobilize Christians across America in spreading the latest news about their favorite artists’ albums and tours and Read More →
Community West Bank opens new Santa Maria Branch
Banking & Finance, Banking Industry, Latest news, Tri-County Public CompaniesCommunity West Bancshares, parent company of Community West Bank, announced the opening of its full-service Santa Maria branch at 122 Betteravia Road on Jan. 17, replacing its 2615 S. Miller St. location. The move continues its Central Coast expansion after the bank opened its first full-service San Luis Obispo branch at 4464 Broad St. in Read More →
Curvature to merge with SMS Systems
Latest news, TechnologySanta Barbara-based Curvature announced its merger with Charlotte, N.C. IT data center company SMS Systems Maintenance Services Jan. 18. The combined company will have more than $500 million in revenue and 2,000-plus employees. Financial details of the merger were not disclosed. Following the transaction, the combined company will operate under the name SMS | CURVATURE Read More →
