Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →
Amgen to pay $1.15 dividend to shareholders

The board of directors for Thousand Oaks biopharmaceutical giant Amgen approved at $1.15 dividend for the third quarter on July 28. Shareholders of record at the close of day on Aug. 17 will be paid the dividend on Sept. 8. • Contact Marissa Nall at [email protected].
PG&E sends out alert over Diablo Canyon Power Plant oxygen levels

Pacific Gas & Electric Company released an alert of decreased oxygen levels for a containment unit at the Diablo Canyon Power Plant in San Luis Obispo County on July 28. The alert began at 12:06 p.m., but the company said both units were operating at full power and employees and the public were not at Read More →
Time for the Fed to get out of the way

By Gerry Frigon A recent article by Anthony Mirhaydari, published in The Fiscal Times, wonders if the Federal Reserve is about to begin a “war on the rich.” Mirhaydari cites Merrill Lynch Chief Investment Strategist Michael Hartnett, who appears to suggest that such is the case in his call for a “big top” in stocks Read More →
Our view: Grant will help museum create sustainable future

Ventura County has taken a big step toward creating a living legacy for future generations with interim funding to bolster the Museum of Ventura County. A $125,000 grant was approved by the Board of Supervisors in a 4-1 vote on July 25, paving the way for the city of Ventura and private donors to step Read More →