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Aera Energy barrels ahead with East Cat Canyon oil field

By   /  Friday, August 4th, 2017  /  Central Coast, Energy, Latest news  /  Comments Off on Aera Energy barrels ahead with East Cat Canyon oil field

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Deckers Brands sales up 20 percent year-over-year

By   /  Friday, August 4th, 2017  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers Brands sales up 20 percent year-over-year

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Sienna stock still soaring after $65 million IPO

By   /  Friday, August 4th, 2017  /  Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Sienna stock still soaring after $65 million IPO

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Teledyne reports record sales for second quarter

By   /  Thursday, August 3rd, 2017  /  Earnings, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne reports record sales for second quarter

Thousand Oaks-based tech giant Teledyne reported record sales for its second quarter, ended July 2, reaching $671.1 million and net income of $60.1 million, or $1.66 per diluted share. In addition to growth in all its major product lines — particularly its digital imaging segment, which saw an 89.6 percent increase to $188.5 million — Read More →

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TrackR raises $50 million with Series B funding round

By   /  Thursday, August 3rd, 2017  /  Latest news, Small Business, South Coast, Technology  /  Comments Off on TrackR raises $50 million with Series B funding round

Santa Barbara-based TrackR closed a $50 million Series B funding round Aug. 2, led by Steve Murray at Revolution Growth and existing investors like the Amazon Alexa Fund. The funds will help grow the recently launched TrackR Pixel, which incorporated both sound and light into the company’s personal item tracking portfolio of products. TrackR is Read More →

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Sientra settles lawsuit with former manufacturer

By   /  Tuesday, August 1st, 2017  /  Health Care & Life Science, Latest news, South Coast  /  Comments Off on Sientra settles lawsuit with former manufacturer

Goleta-based breast implant manufacturer Sientra announced the settlement of an intellectual property and contract lawsuit with its former Brazilian manufacturer Silimed on Aug. 1. Securities and Exchange Commission documents filed by Sientra state that the two companies participated in court-ordered arbitration July 27, and Sientra agreed to pay $9 million within the next 30 days, Read More →

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Net income up 15 percent at Community West Bancshares

By   /  Friday, July 28th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →