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Latest

Amgen launches $5B buyback

By   /  Monday, November 7th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Amgen launches $5B buyback

Amgen said Nov. 7 that it plans to buy back $5 billion of its shares as part of a push to return profit to stockholders. Shares of the Thousand Oaks-based drugmaker jumped 4.5 percent in morning trading. Moody’s Investors Service and Fitch Ratings lowered their ratings on Amgen debt after the announcement because the biotech Read More →

Latest

Deckers profits jump 48% on Ugg sales

By   /  Friday, October 28th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers profits jump 48% on Ugg sales

Deckers Outdoor Corp. said profits jumped 48 percent in the third quarter after getting a big leg-up from Ugg brand sales. The Goleta-based shoe company increased its full-year outlook after the better-than-expected  third quarter. Deckers company earned $62.3 million, or $1.59 per share as sales jumped 49.1 percent to $414.4 million in the third-quarter. Ugg Read More →

Latest

PCBC posts $20.5M profit year after recap deal

By   /  Thursday, October 27th, 2011  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PCBC posts $20.5M profit year after recap deal

Pacific Capital Bancorp, parent of Santa Barbara Bank & Trust, said Oct. 27 that it earned $20.5 million in the third quarter of 2011, marking its first full year of profits since a team of Texas bankers recapitalized it last year. In August 2010, Dallas-based Ford Financial Fund, led by veteran bankers Gerald Ford and Read More →

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Amgen takes $780M hit to settle kickback charges

By   /  Monday, October 24th, 2011  /  Banking & Finance, Earnings, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen takes $780M hit to settle kickback charges

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Latest

Mission Community buys Santa Lucia

By   /  Monday, October 24th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Mission Community buys Santa Lucia

Mission Community Bank said Oct. 24 that it acquired Santa Lucia Bank, doubling the San Luis Obispo-based bank’s size and kicking off its effort to consolidate smaller lenders along the Central Coast. The previously announced deal closed Oct. 21, Mission said. Although it did not confirm the deal price in its announcement, Mission’s top executive Read More →

Latest

Amgen to lay off 226 in Thousand Oaks

By   /  Wednesday, October 19th, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen to lay off 226 in Thousand Oaks

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”19-04-2011″ enddate=”19-10-2011″ width=”300″ height=”245″] Thousand Oaks-based Amgen is laying off 226 people at its headquarters as part of a restructuring of its research operations. Worldwide, the R&D shakeup will affect 380 staff members, but the company’s headquarters are bearing the brunt of the cuts. The company said the layoffs are Read More →

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Ryland calls the movers: Homebuilder plants headquarters in Westlake Village

By   /  Friday, October 14th, 2011  /  Banking & Finance, Features, Real Estate, Tri-County Public Companies  /  Comments Off on Ryland calls the movers: Homebuilder plants headquarters in Westlake Village

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