Heritage Oaks accord strengthens BSA controls
By Elijah Brumback / Friday, January 9th, 2015 / Banking & Finance, Banking Industry, Latest news, Law & Goverment, Top Stories, Tri-County Public Companies / Comments Off on Heritage Oaks accord strengthens BSA controls
The region’s largest community bank signed an agreement with the Federal Deposit Insurance Corp. that was made public at yearend. President and CEO Simone Lagomarsino told the Business Times the accord means the bank will “beef up” its programs and policies to prevent problems down the road.
LTC Properties raises $24.5M through sale of shares
By Staff Report / Friday, December 19th, 2014 / Banking & Finance, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on LTC Properties raises $24.5M through sale of shares
According to company filings, LTC will use the proceeds of the sale to pay down outstanding debt on its unsecured credit line, fund acquisitions and current development pipeline and for general corporate purposes.
Waste-to-energy company raises $500K, reports big loss
By Marissa Wenzke / Friday, December 19th, 2014 / Central Coast, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Waste-to-energy company raises $500K, reports big loss
Greenbelt Resources Corp., which counts Diversified Ethanol Corp. as a subsidiary, reported a loss of $217,469 for the third quarter compared to an $18,144 profit a year earlier amid a steep decline in revenue.
A small gain in revenue as Vitesse shifts product strategy
By Staff Report / Thursday, December 4th, 2014 / Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on A small gain in revenue as Vitesse shifts product strategy
The Camarillo-based firm recorded revenue of $108.5 million, slightly up from $103.8 million the year before.
Deckers’ new store concept fits move to online shopping
By Erika Martin / Friday, November 28th, 2014 / Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on Deckers’ new store concept fits move to online shopping
The D.C. store is the first full realization of the omni-channel concept, unveiled at the Deckers’ Goleta headquarters in March, which uses touchscreens and tablets to turn its stores into a sort of Apple store for shoes.
Ceres still spending, but looks to generate revenue
By Erika Martin / Friday, November 21st, 2014 / Agribusiness, East Ventura County, Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on Ceres still spending, but looks to generate revenue
Sitting in public-company-listing limbo with a listing deadline on its current stock price, Thousand Oaks-based energy crop producer Ceres will attempt to continue its numerous pricey research projects by balancing them with new revenue streams.
New product breathes life into Inogen third-quarter earnings
By Staff Report / Tuesday, November 11th, 2014 / Earnings, Latest news, Top Stories, Tri-County Public Companies / Comments Off on New product breathes life into Inogen third-quarter earnings
Inogen has benefited from the October release of its Inogen at Home product, which is the lightest continuous-flow oxygen concentrator available to consumers. It successfully floated an additional 2.4 million shares sold by existing stockholders and has announced an expanded credit line with J.P. Morgan Chase.
