Lockheed Martin second quarter earnings beat analyst estimates
Lockheed Martin revenues increased slightly and the company beat analyst estimates when it reported second quarter earnings results July 19. Lockheed Martin said sales increased during the quarter from $11.6 billion during the same quarter in 2015 to $12.9 billion in 2016. Earnings per share increased from $2.94 to $3.32 per share over the same Read More →
Goleta’s InTouch Health picks DeVivo to replace Wang as CEO
Goleta-based telemedicine provider InTouch Health appointed Joseph DeVivo as the new CEO to replace former CEO Dr. Yulun Wang, the company announced July 19. DeVivo was most recently the CEO of New York-based AngioDynamics, a publicly traded medical device manufacturer. He has more than 25 years of experience in the health care industry. “InTouch Health Read More →
Montecito Bank & Trust hires Leis to be COO
Updated at 8:10 p.m.: Montecito Bank & Trust, one of the largest privately-owned banks in California, has hired veteran Union Bank executive George Leis to join its executive team. Effective July 19, Leis will become chief operating officer reporting to President and CEO Janet Garufis. He’ll oversee the bank’s lending, retail and business banking activities Read More →
Ceres third-quarter revenue up, losses down
Thousand Oaks-based ag-biotech company Ceres Inc. released third quarter results in documents filed with the Securities and Exchange Commission July 15. Ceres said revenues increased from $1.1 million during the third quarter of 2015 to $1.4 million during the third quarter of 2016. Net losses decreased from $5.9 million, or 98 cents per share, last Read More →
Regulations, payroll costs hurting Ventura County growers
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Santa Paula power plant project lacks support
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Justin Vineyards has work to do restoring trust
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