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Hewlett-Packard laying off 25,000 to 30,000 employees

By   /  Tuesday, September 15th, 2015  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Hewlett-Packard laying off 25,000 to 30,000 employees

Hewlett-Packard is laying off 25,000 to 30,000 employees globally as part of a restructuring program that will save the company $2.7 billion per year. HP announced the layoffs on Sept. 15 at a meeting of its securities analysts. The cuts represent about 10 percent of HP’s workforce of about 302,000. It wasn’t immediately clear how Read More →

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Carey & Hanna moving from Ventura to Oxnard

By   /  Tuesday, September 15th, 2015  /  Latest news, Personal Finance  /  Comments Off on Carey & Hanna moving from Ventura to Oxnard

Ventura-based Carey & Hanna Tax and Wealth Planners is relocating to a larger office in Oxnard. Carey & Hanna Tax and Wealth Planners will move into the former National University building at 1000 Town Center Drive, Suite 200, on Oct. 22. The office has been located at 1445 Donlon Road, Suite 6 in Ventura since Read More →

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Amgen licenses cancer drug to NatPharma

By   /  Monday, September 14th, 2015  /  Latest news, Tri-County Public Companies  /  Comments Off on Amgen licenses cancer drug to NatPharma

Amgen has licensed an experimental cancer drug to a Chicago biotech company founded and controlled by billionaire Patrick Soon-Shiong. NatPharma LLC is licensing the rights to AMG 337 from Thousand Oaks-based Amgen to develop and sell AMG 337. The drug is an experimental, phase-two cancer treatment. The licensing agreement is the second between Amgen and Read More →

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Goleta-based Deckers hits 52-week low for stock price

By   /  Monday, September 14th, 2015  /  Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Deckers hits 52-week low for stock price

Goleta-based Deckers Brands hit a 52-week low on Sept. 11 when it briefly fell to $59.62 per share. It closed Sept. 14 at $61.10. Shares of Deckers dropped about 33 percent so far this year from $89.74 on Jan. 2 before it closed at $60.65 on Sept. 11. Investment research firm Zacks said weak earnings Read More →

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Dubroff: Investors should be skeptical about exchange-traded funds

By   /  Friday, September 11th, 2015  /  Columns, Personal Finance  /  Comments Off on Dubroff: Investors should be skeptical about exchange-traded funds

Exchange-traded funds are the newest, latest, greatest Wall Street creation. In the past decade and a half, they’ve grown from a niche product with just $72 billion in assets invested to a behemoth totaling $2.7 trillion. Thanks to real-time daily pricing and low fees, ETFs are rapidly supplanting mutual funds in retail accounts. But the Read More →

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Santa Barbara’s Pensionmark partners with CAPTRUST

By   /  Thursday, September 10th, 2015  /  Latest news, Personal Finance  /  Comments Off on Santa Barbara’s Pensionmark partners with CAPTRUST

Santa Barbara-based Pensionmark Financial Group and CAPTRUST Financial Advisors have partnered to better deliver corporate retirement plans with a combined $180 billion of assets under advisement, the companies announced Sept. 10. The new jointly owned entity will operate as Pensionmark’s registered investment advisor and will take on more than 3,000 combined clients. CAPTRUST and Pensionmark Read More →

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Limoneira partners with Lewis Group on Santa Paula Gateway

By   /  Wednesday, September 9th, 2015  /  Agribusiness, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira partners with Lewis Group on Santa Paula Gateway

In a transformative deal, Limoneira Co. has landed a partner for its Santa Paula Gateway project, unlocking as much as $100 million in cash flow over the next 10 years. In a statement, Limoneira said it has joined with The Lewis Group of Companies, a real estate investment company based in Claremont, to develop the Read More →

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