Entrepreneurs should plan for retirement
By Lee Schuh Few entrepreneurs really think about preparing financially for retirement. Too many are depending on Social Security. Frankly, Social Security is only a safety net and not intended to be anything else. You are not going to have a very satisfactory retirement if Social Security is the major financial contributor. When asked Read More →
Landlords learn to repurpose their malls
By Lisa Spiwak This is a season of discontent for retailers. There doesn’t seem to be a week that goes by without a national chain closing stores or filing for bankruptcy protection. Most recently, we lost Sport Chalet. Before that, it was Sports Authority, Sears, Fresh & Easy, Office Depot, Radio Shack, Staples, Abercrombie Read More →
Impact of Diablo Canyon closure needs studying
We didn’t pull any punches when we wrote about California’s war on business in the April 22 edition of the Business Times. For a classic example of the kind of thinking that’s just wrong about California’s path forward, it’s worth looking at opposition to SB 968. Introduced by Sen. Bill Monning, a Democrat from Santa Read More →
Heritage Oaks Bancorp beats analyst estimates for first quarter
Paso Robles-based Heritage Oaks Bancorp beat analyst estimates when it reported first quarter earnings April 28. The company said it had revenues of $19 million, beating analyst estimates of $18.75 million. Earnings per share of 12 cents beat analyst estimates of 11 cents per share. The company also reported net income of $4 million. The Read More →
Inphi reports revenues up for first quarter
After missing analyst estimates in the fourth quarter of 2015, Inphi bounced back when it reported first quarter earnings April 28. Inphi reported revenues of $66.5 million, up from $59.1 million during the first quarter of 2015. It barely beat analyst estimates of $66.2 million, according to Zacks Investment Research. The company reported net income Read More →
Amgen exceeds Wall Street expectations for first quarter earnings
Amgen blew away Wall Street expectations and raised its 2016 guidance when it released first quarter earnings April 28. The Thousand Oaks biotech giant had profits of $2.2 billion, up from $1.91 billion during the same quarter last year. Revenues of $5.53 billion were also up from $5 billion in 2015 and surpassed analyst estimates Read More →
Antioch University Santa Barbara hires new president
Antioch University Santa Barbara has hired William Flores to be its new president. Flores will serve as the fourth president of the Santa Barbara campus, succeeding Nancy Leffert. Leffert will retire on June 30 after seven years of service. “The committee felt that Dr. Flores had both an impressive background and the visionary thinking to Read More →
