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CalAmp’s fourth-quarter earnings surpass predictions

By   /  Wednesday, April 22nd, 2015  /  Earnings, Latest news  /  Comments Off on CalAmp’s fourth-quarter earnings surpass predictions

[wikichart align=”right” ticker=”NASDAQ:CAMP” showannotations=”true” livequote=”true” startdate=”22-10-2014″ enddate=”22-04-2015″ width=”300″ height=”245″] CalAmp shares soared more than 20 percent on April 22 after the company reported earnings for the quarter that beat estimates. Volume was unusually heavy with nearly 6 million shares trading hands, roughly 15 times average daily volume of about 450,000 shares. CalAmp’s profit was 32 Read More →

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Amgen boosts outlook on positive first-quarter results

By   /  Tuesday, April 21st, 2015  /  Earnings, East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen boosts outlook on positive first-quarter results

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.

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Santa Barbara Airport gets $3M grant from FAA

By   /  Monday, April 20th, 2015  /  Central Coast, Latest news, South Coast, Top Stories  /  Comments Off on Santa Barbara Airport gets $3M grant from FAA

The Santa Barbara Municipal Airport is getting an infrastructure overhaul thanks to a Federal Aviation Administration grant of just over $3 million. Retiring Congresswoman Lois Capps announced the FAA funding, most of which will go toward the airport’s $3.37 million airfield lighting and safety project. “The project will improve airfield pavement, markings, lighting, and security Read More →

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Customer list, library drive $1.5B merger

By   /  Friday, April 17th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on Customer list, library drive $1.5B merger

It is the second largest tech acquisition in the tri-county region’s history, after the $6.9 billion purchase of Santa Barbara-based Software.com.

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Beach town in spotlight: Carpinteria benefits from tech firms like Lynda.com

By   /  Friday, April 17th, 2015  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Beach town in spotlight: Carpinteria benefits from tech firms like Lynda.com

Carpinteria is made up of just seven square miles and about 14,000 residents, yet companies including Agilent Technologies subsidiary Dako, silicone manufacturer Nusil and restaurant management firm CKE all call it home.

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Surgery centers at issue in health care merger

By   /  Friday, April 17th, 2015  /  Health Care & Life Science, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Surgery centers at issue in health care merger

The FTC would not comment on the merger, but officials at the two companies say the agency has questioned at length the merger of the only inpatient hospital on the South Coast with the large physician practice.

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Apartment building revival, home starts put Santa Maria on the map

By   /  Friday, April 17th, 2015  /  Central Coast, Latest news, Real Estate, Top Stories  /  Comments Off on Apartment building revival, home starts put Santa Maria on the map

The UCSB Economic Forecast Project will focus on housing and residential construction when it holds its annual forecast summit on May 8 at the Radisson Santa Maria on Skyway Drive.