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By Staff Report / Tuesday, October 27th, 2015 / Earnings, Latest news / Comments Off on Inphi third quarter earnings beat analyst estimates
Inphi Corp. beat analyst estimates by a penny when the company released third quarter earnings on Oct. 27. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. Inphi Corp. earnings were 25 cents per share, one cent greater Read More →
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By Staff Report / Tuesday, October 27th, 2015 / Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies / Comments Off on FDA OKs Amgen skin cancer drug Imlygic
The U.S. Food and Drug Administration on Oct. 27 approved Amgen’s cancer immunotherapy drug Imlygic for use in patients with the most deadly types of skin cancer. Imlygic, which is the first immunotherapy like this to gain approval for use in the U.S., is a genetically modified herpes virus that is designed to replicate itself Read More →
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By Staff Report / Friday, October 23rd, 2015 / Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on Fire breaks out at Sientra manufacturer
Goleta breast implant developer Sientra said there had been a fire at the factory of its manufacturer in Brazil, the company announced on Oct. 23. Sientra did not say how big the fire was or if it would impact manufacturing at Silimed, the largest producer of silicone implants in South America. The company didn’t specify Read More →
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By Philip Joens / Friday, October 23rd, 2015 / Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on Sientra waits for production to resume amid stock crash
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By pacbiztimes / Friday, October 23rd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Mergers reshape tri-county banking
Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →
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By Staff Report / Thursday, October 22nd, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Goleta’s Community West Bank has strong third quarter
Community West Bancshares, parent company of Community West Bank headquartered in Goleta, reported on Oct. 22 net income of $1.6 million in the third quarter of 2015 compared to net income of $1.7 million in the third quarter a year ago. Community West reported net income of $1.0 million in the first nine months of Read More →
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By Philip Joens / Friday, October 16th, 2015 / Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Breast implant manufacturer Sientra’s stock price hits all-time low
Shares of Sientra hit a new all-time low on Oct. 16 when the stock fell another six cents on the day and closed at $5.77 per share. For the Goleta-based breast implant manufacturer, it marks another low in a saga that’s starting to turn ugly. Shares of Sientra initially plummeted from $20.58 per share to Read More →