Central banks losing ability to steer global economies
Upheaval in the global markets in recent months may be signaling that the era of the all-powerful central bank may be coming to an end. Evidence is mounting that central bank moves are having less and less of the desired impact on regional economies. For Exhibit A we turn to the People’s Bank of China, Read More →
OCB Bancorp income up 142 percent in 2015
OCB Bancorp, the parent company of Ojai Community Bank, increased its year-over-year net income by 142 percent in 2015. OCB Bancorp’s net income grew from $380,000 in 2014 to $921,000 in 2015, or 40 cents in earnings per share. Total loans increased $48.2 million or 37.5 percent to $176.5 million in 2015. Total assets rose Read More →
Mindbody revenue up but so are losses
Yoga software developer MindBody reported that revenues increased, subscribers increased and net losses increased once again when the company released fourth quarter and year-end earnings Feb. 10. San Luis Obispo-based MindBody sells products and merchant processing to yoga and fitness centers worldwide. Fourth quarter revenue increased 40 percent from $20.12 million in 2014 to $28.27 Read More →
Port Hueneme’s Stellar Biotechnologies posts mixed earnings results
Stellar Biotechnologies saw revenues increase 130 percent during the first quarter of 2016 but the company still lost more money in 2016 than it did during the same quarter of 2015. The Port Hueneme-based company reported first quarter 2016 results after markets closed Feb. 8. Stellar makes a protein for immunotherapy treatments using a unique Read More →
Thousand Oaks’ Amgen just keeps chugging along
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Deckers Outdoor fourth quarter earnings results positive
Deckers Outdoor, a Goleta-based manufacturer of outdoor footwear apparel and accessories, beat analyst earnings per share estimates when it released third quarter 2016 earnings Feb. 4. Earnings per share increased to $4.78 from $4.50 last year. That beat analyst estimates of $4.75 per share, according to Yahoo Finance. Revenues also increased 3.6 percent during the Read More →
Inphi misses revenue predictions but beats earnings per share
Inphi Corp. barely missed revenue expectations and barely beat earnings per share when it released fourth quarter and yearly earnings Feb. 4. Sales grew 3.2 percent from $62.4 million last year to $64.4 million this year. Yearly revenues also grew from $156.1 million in 2014 to $246.6 million in 2015. Inphi also had earnings per Read More →
