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Montecito Bank & Trust
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Net income up 15 percent at Community West Bancshares

By   /  Friday, July 28th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →

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Amgen stock drops despite strong earnings

By   /  Friday, July 28th, 2017  /  Earnings, East Ventura County, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen stock drops despite strong earnings

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Sienna stock soars after $65 million IPO

By   /  Thursday, July 27th, 2017  /  Earnings, East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Sienna stock soars after $65 million IPO

Westlake Village biotechnology company Sienna Biopharmaceuticals closed with a big gain after it raised $65 million in its initial public offering July 27. Sienna priced the 4.33 million shares it offered at $15. Shares had reached $21 around noon before ending at $19.25, a 28.3 percent premium on its opening price. The company operates in Read More →

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Deckers Brands sales up 20 percent year-over-year

By   /  Thursday, July 27th, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers Brands sales up 20 percent year-over-year

Deckers Brands reported a 20.3 percent year-over-year net increase in sales but still had a net loss of $42.1 million for its fiscal first quarter ended June 30. Sales continued to grow in its direct-to-consumer channel, including its Hoka One One brand, and the figure included wholesale shipments of Ugg products originally expected to ship Read More →

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Latest

MindBody revenues up but net losses continue

By   /  Wednesday, July 26th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody revenues up but net losses continue

Consistent with its last earnings report, MindBody’s revenues increased 31 percent for its second fiscal quarter 2017, but net losses persisted, reaching $4.4 million, or 10 cents per basic and diluted share. The San Luis Obispo-based software provider for the wellness industry brought in $44.1 million in revenue, including $17.6 million from its payments software. Read More →

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Goleta medical device maker stocks are hot

By   /  Friday, July 21st, 2017  /  Earnings, Health Care, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Goleta medical device maker stocks are hot

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Amgen partnering to develop new drugs

By   /  Friday, July 21st, 2017  /  East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Amgen partnering to develop new drugs

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.

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