November 27, 2022
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Teledyne purchases acoustic imaging company

By   /  Tuesday, July 19th, 2022  /  Banking & Finance, Latest news, Regions, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Teledyne purchases acoustic imaging company

Thousand Oaks-based Teledyne Technologies still has its sights set on enhancing its imaging instruments sector, with the recent acquisition of a majority stake in Noiseless Acoustics, a Finnish technology company that specializes in advanced acoustic imaging instruments. Teledyne announced the acquisition on July 15 and did not disclose financial details. This marks the second time Read More →

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Community Bancorp of Santa Maria sees net income dip in second quarter

By   /  Wednesday, July 13th, 2022  /  Banking & Finance, Earnings, Latest news, Santa Barbara County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community Bancorp of Santa Maria sees net income dip in second quarter

Community Bancorp of Santa Maria saw its net income decline 8.2% in the second quarter, as total assets and deposits increased. In a July 12 earnings statement, the bank reported net income of $1.3 million for the quarter ended June 30. In the same quarter a year earlier, Community Bank of Santa Maria reported net Read More →

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Sonos cranks up the volume in its patent dispute with Google

By   /  Friday, July 8th, 2022  /  Banking & Finance, Latest news, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Sonos cranks up the volume in its patent dispute with Google

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Deckers names new president for group that includes Ugg

By   /  Thursday, July 7th, 2022  /  Banking & Finance, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on Deckers names new president for group that includes Ugg

Goleta-based Deckers Brands has hired a former Nike executive to take over the business unit that includes Ugg, its top footwear brand. Anne Spangenberg will take over on July 11 as president of Fashion Lifestyle brands at Deckers. Fashion Lifestyle includes both Ugg and Koolaburra, a line of boots and shoes similar to Ugg but Read More →

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Sientra wins new FDA approval

By   /  Thursday, July 7th, 2022  /  Banking & Finance, Health Care & Life Science, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on Sientra wins new FDA approval

The U.S. Food and Drug Administration approved a new breast implant on July 6 made by Goleta-based Sientra. Sientra’s Low Plus Profile Projection Breast Implant will be commercially available to plastic surgeons in the United States in late July, the company said in a news release. It is for cosmetic surgery for women at least Read More →

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AeroVironment shares dip in after-hours trading after company reports loss for 2021-22

By   /  Tuesday, June 28th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on AeroVironment shares dip in after-hours trading after company reports loss for 2021-22

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Region’s stocks slip amid market-wide slide

By   /  Wednesday, June 15th, 2022  /  Banking & Finance, Latest news, left, Regions, Santa Barbara County, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Region’s stocks slip amid market-wide slide

After years of charging forward, U.S. stocks have gone into hibernation, at least according to the common definition of a bear market: a market-wide decline of 20% or more from a recent peak. Most major indices are down at least that much from their highs earlier this year, with the biggest losses coming June 13. Read More →