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By Stephen Nellis / Friday, July 11th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Teledyne dives into underwater drone business with Ocean Aero deal
While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean Read More →
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By Staff Report / Monday, July 7th, 2014 / Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel names new CEO
Ventura-based Clean Diesel Technologies has promoted Christopher Harris to president and CEO, filling a vacancy created by former chief executive Craig Breese’s sudden departure in late 2013. Harris joined Clean Diesel as chief operations officer in late 2010, with the merger of Clean Diesel and Catalytic Solutions. He has served as the company’s chief operating Read More →
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By Staff Report / Thursday, June 26th, 2014 / Banking & Finance, Banking Industry / Comments Off on Community West names chief credit officer
Goleta-based Community West Bancshares, the holding company for Community West Bank, has hired Kristine Price as its new chief credit officer and vice president, effective July 31. Price was previously the chief credit officer and senior credit administrator for the Los Angeles market at Torrey Pines Bank, the California division of Western Alliance Bank. She Read More →
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By Austen Hufford / Friday, June 20th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Investors affirm Vitesse turnaround strategy in sold-out $26.7M offering
In a little over a year, investors have twice shown confidence in the turnaround of Vitesse Semiconductor Corp. On June 17, the company netted proceeds of $26.7 million by selling 8.6 million shares of common stock.