December 7, 2022
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Analysis: John Kerry trades on Amgen show loophole in new law

By   /  Friday, July 27th, 2012  /  Banking & Finance, Law & Goverment, Technology, Top Stories, Tri-County Public Companies  /  1 Comment

By Julian Moore, Special to the Business Times, on July 27, 2012 In August, stock sales by members of Congress and thousands of federal employees will get new scrutiny under the STOCK Act, a law passed in April to combat insider trading among government officials. But a Business Times examination of the timing of the Read More →

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As merger looms, PCBC marks profits

By   /  Thursday, July 26th, 2012  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on As merger looms, PCBC marks profits

Santa Barbara Bank & Trust parent Pacific Capital Bancorp earned $24.1 million, or 73 cents per diluted share, in the second quarter of 2012 compared with $21 million the year before. The company, which is in the process of being bought by Union Bank, said the profits were its highest since Texas-based Ford Financial Group Read More →

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Teledyne profits, sales up

By   /  Thursday, July 26th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Teledyne profits, sales up

Thousand Oaks-based Teledyne Technologies, a defense and industrial conglomerate, reported second-quarter profits of $39.5 million, or $1.06 a share, on July 26, compared with $38.7 million, or $1.04, last year. The company also said it took in $518.5 million in sales compared with $502.9 million for the second quarter of 2011. Sales increased 3.1 percent Read More →

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Venoco chief gets more time to find $400M

By   /  Wednesday, July 25th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Venoco chief gets more time to find $400M

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”25-01-2012″ enddate=”25-07-2012″ width=”300″ height=”245″] Venoco founder Tim Marquez has been given a second extension until Aug. 31 to tell shareholders how he plans to come up with as much as $400 million to take his company private. The Denver-based oil company has large operations on the South Coast and was Read More →

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Gorell, Newsom team to recruit firms to Golden state

By   /  Monday, July 23rd, 2012  /  Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Gorell, Newsom team to recruit firms to Golden state

Looking to counter raiding expeditions by high-profile elected officials from outside the state, California is about to embark on a recruiting effort of its own. At a meeting expected to take place Friday in Thousand Oaks, Lt. Gov. Gavin Newsom and Assemblymember Jeff Gorell, a Republican from the 37th District, are expected to announce a Read More →

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Dole profits slip, spin off looms

By   /  Thursday, July 19th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Dole profits slip, spin off looms

Fruit and produce distributor Dole Foods Co. earned $66 million, or 74 cents per share, in its second quarter and said that a proposed spin off of its packaged foods business could happen by year’s end. The earnings announced on July 19 were down from $83 million, or 94 cents per share, in the second Read More →

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Whistleblower makes DaVita cough up $55M

By   /  Friday, July 13th, 2012  /  Top Stories, Tri-County Public Companies  /  Comments Off on Whistleblower makes DaVita cough up $55M

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