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10-K report: Vitesse looks for profitability

By   /  Friday, August 19th, 2011  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on 10-K report: Vitesse looks for profitability

In the space of a decade, Vitesse Semiconductor Corp. fell from the throne of a blue-chip stock to a largely unprofitable player in the communications industry.

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Maguire teams up with Florida firm

By   /  Thursday, August 18th, 2011  /  Banking & Finance, Personal Finance, Top Stories  /  1 Comment

Maguire Investments of Santa Maria has joined forces with JHS Capital Advisors, a Florida-based asset management firm.

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Yardi buys insurance firm

By   /  Tuesday, August 16th, 2011  /  Banking & Finance, Latest news, Real Estate, Technology  /  Comments Off on Yardi buys insurance firm

Real estate software firm Yardi Systems said Aug. 16 that it has purchased Dallas-based Multifamily Insurance Group.

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Interlink earnings down 47%

By   /  Monday, August 15th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Interlink earnings down 47%

Sensor technology company Interlink Electronics earned $718,000 in the second quarter, down 46.9 percent from $1.4 million a year ago.

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NiMin reports $3.8M profit

By   /  Monday, August 15th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on NiMin reports $3.8M profit

NiMin Energy Corp. earned $3.8 million, or 6 cents per share, in the second quarter of the year, swinging back to black after a $2.5 million loss in the same period a year ago.

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Banks map out growth plans

By   /  Friday, August 5th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Banks map out growth plans

Three recent earnings reports from area banks shed light on the tri-county economy as we approach the three-year anniversary of the crisis that nearly wrecked the nation’s financial system.

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K-Swiss shares stumble on $20M loss

By   /  Thursday, August 4th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss shares stumble on $20M loss

K-Swiss reported a second-quarter loss of $20 million, or 56 cents per share, on Aug. 4, tripping up analysts who had predicted a 30-cent per share loss.

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