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Montecito Bank & Trust
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The Trade Desk doubles net income for second quarter

By   /  Thursday, August 10th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on The Trade Desk doubles net income for second quarter

The Trade Desk stock slumped more than 7 percent ahead of an earnings release that showed a 54 percent increase in the Ventura-based company’s second quarter earnings, bringing in $72.8 million and doubling its net income to $18.8 million. Earnings per diluted share nearly tripled to 43 cents, up from 15 cents for the same Read More →

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Mannkind reports net loss for second quarter

By   /  Monday, August 7th, 2017  /  Earnings, East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Mannkind reports net loss for second quarter

Mannkind reported $2.16 million in revenues Aug. 7, for a net loss of around $35.3 million for its second quarter, and announced the launch of a clinical trial for its inhalable insulin product Afrezza in partnership with One Drop. Revenues came primarily from the Westlake Village biotech company’s product sales, with $615,000 from collaborations and Read More →

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San Luis Obispo city manager leaving for Santa Monica

By   /  Monday, August 7th, 2017  /  Central Coast, Latest news  /  Comments Off on San Luis Obispo city manager leaving for Santa Monica

Katie Lichtig, San Luis Obispo’s city manager since 2009, will be leaving this fall to join former Ventura City Manager Rick Cole in Santa Monica, the city where she started her career in 1992. Lichtig finished first in a national search for a chief operating officer for Santa Monica, which boasts one of the fastest Read More →

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AppFolio CEO Brian Donahoo retiring

By   /  Monday, August 7th, 2017  /  Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on AppFolio CEO Brian Donahoo retiring

Updated at 2:45 p.m.: AppFolio reported an increase in its net income and the retirement of its president and CEO Brian Donahoo effective Aug. 8. Donahoo, 53, will be replaced by Jason Randall, who has served as senior vice president for both the company’s Property Manager and MyCase divisions and held leadership and product development Read More →

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Bill fast-tracks highway repairs throughout the Tri-Counties

By   /  Friday, August 4th, 2017  /  middle, Tri-County Economy  /  Comments Off on Bill fast-tracks highway repairs throughout the Tri-Counties

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NRG power plant project in Oxnard nears decision

By   /  Friday, August 4th, 2017  /  Energy, left, West Ventura County  /  Comments Off on NRG power plant project in Oxnard nears decision

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Hotel Californian will boost Santa Barbara’s prestige

By   /  Friday, August 4th, 2017  /  South Coast, Top Stories, Top Story, Tourism  /  Comments Off on Hotel Californian will boost Santa Barbara’s prestige

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