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Amgen looks for new life with Micromet

By   /  Friday, February 3rd, 2012  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen looks for new life with Micromet

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Higher profits in hand, region’s banks look to expand

By   /  Friday, February 3rd, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Higher profits in hand, region’s banks look to expand

Pacific Capital Bancorp, the largest banking company based in the Tri-Counties, turned a $70.5 million profit in 2011 after years of staggering losses. At the same time, First California Financial Group and Heritage Oaks Bancorp, the next two largest banks on the list, reported improved earnings for the year and bold plans to expand. Here’s Read More →

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Deckers CEO: Company culture is what counts

By   /  Thursday, February 2nd, 2012  /  Latest news, Tri-County Public Companies  /  1 Comment

In a globalized world, vision and culture are the keys to creating and marketing successful new products. That’s the message Deckers Outdoor Corp. CEO Angel Martinez brought to about 250 Central Coast business leaders at the Feb. 2 Corporate Leaders Breakfast at California Lutheran University. “Our mission is to find niche brands and turn them Read More →

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Amid losses, Community West hit with regulatory order

By   /  Wednesday, February 1st, 2012  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on Amid losses, Community West hit with regulatory order

[wikichart align=”center” ticker=”CWBC” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] The parent company of Goleta-based Community West Bank has reported an $8.6 million loss for the fourth quarter and disclosed a consent order from banking regulators. Community West Bancshares said Feb. 1 that its fourth-quarter performance was impacted by a $6.7 million allowance against deferred taxes Read More →

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Inphi taps new CEO after profits fall 93%

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi taps new CEO after profits fall 93%

Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →

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PCBC reports $70.5M in 2011 profits

By   /  Monday, January 30th, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PCBC reports $70.5M in 2011 profits

[wikichart align=”center” ticker=”PCBC” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] Pacific Capital Bancorp, the largest bank based in the region, earned $70.5 million in 2011, its first full calendar year under the ownership of a Texas-based private equity group. The parent company of Santa Barbara Bank & Trust saw its fourth-quarter profits drop 39.8 percent to Read More →

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Under scrutiny, First California targets South Coast

By   /  Friday, January 27th, 2012  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  Comments Off on Under scrutiny, First California targets South Coast

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