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By Staff Report / Friday, April 24th, 2015 / Earnings, Latest news, Top Stories / Comments Off on Community West post big first-quarter numbers
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a profit of $1.8 million in the first quarter of 2015. The company recorded a profit of $1.4 million in the same period last year. “Community West’s first quarter accomplishments were a good start to the year as we continue to successfully strengthen our Read More →
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By Elijah Brumback / Friday, April 24th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Regional banks pluck talent to grow
The shifting financial industry landscape has set the stage for increased competition among regional banks trying to snap up local talent and a slice of the mid-size company market. However, some industry experts think the newly consolidated landscape and shrinking number of small banks could close the door on many entrepreneurs and smaller businesses. “For Read More →
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By Staff Report / Friday, April 24th, 2015 / Latest news, Top Stories, Tri-County Public Companies / Comments Off on Comcast, Time-Warner’s $45B deal falls through
Comcast has dropped its $45 billion bid to acquire Time-Warner Cable. The deal would have more than doubled Comcast’s market share in California and created a Comcast-Cox duopoloy among tri-county cable providers. However, in a statement released today, Comcast Chairman and CEO Brian Roberts said the deal was structured so that both companies could walk Read More →
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By Staff Report / Wednesday, April 22nd, 2015 / Earnings, Latest news / Comments Off on CalAmp’s fourth-quarter earnings surpass predictions
[wikichart align=”right” ticker=”NASDAQ:CAMP” showannotations=”true” livequote=”true” startdate=”22-10-2014″ enddate=”22-04-2015″ width=”300″ height=”245″] CalAmp shares soared more than 20 percent on April 22 after the company reported earnings for the quarter that beat estimates. Volume was unusually heavy with nearly 6 million shares trading hands, roughly 15 times average daily volume of about 450,000 shares. CalAmp’s profit was 32 Read More →
