Vital signs: People struggle to live alone due to rising costs
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Portfolio watch
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Finbriefs: American Riviera Bank, LTC, PennyMac earnings
American Riviera Bank reports lower net income in Q3 Santa Barbara-based American Riviera Bank reported a net income of $2.6 million in the third quarter of 2023, down from $3 million in the same quarter a year ago, the organization reported on Oct. 26. So far through the year, net income is also down as Read More →
Amgen beats Q3 expectations, discusses Horizon purchase
Thousand Oaks-based Amgen has a lot on the horizon as it nears the end of fiscal year 2023, with the company yet again beating analysts’ expectations, this time in the third quarter, and beginning the onboarding process of its latest acquisition. Amgen delivered sales worth $6.9 billion in the third quarter of 2023, up 4% Read More →
Portfolio watch
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Fresh trim: Olaplex CEO steps down amid brand, stock struggles
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Community West, Central Valley Banks are “better together”
About 18 months ago, Marty Plourd, CEO of Community West Bank at the time met James Kim, CEO of Central Valley Community Bank, and after a successful first meeting, the two kept in touch, building “a bond of trust.” On Oct. 10, that bond of trust came full circle when it was announced that Goleta-based Read More →
