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Heritage Oaks Q4 profits jump 24%

By   /  Tuesday, February 3rd, 2015  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories  /  Comments Off on Heritage Oaks Q4 profits jump 24%

The increase was primarily due to the inclusion of Mission Community Bancorp’s operating results, which boosted pre-tax net income in the company’s fourth quarter financials.

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Oasis counts on Titan: Tax credits will help add 357 jobs

By   /  Friday, January 30th, 2015  /  Latest news, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Oasis counts on Titan: Tax credits will help add 357 jobs

Thanks to corporate clients’ growing demand for security solutions and $2 million in California tax credits, Oasis plans to multiply its workforce nine-fold and create 357 jobs in the next three years.

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Amgen profit tops analysts’ estimates on drug sales, tax credit

By   /  Friday, January 30th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen profit tops analysts’ estimates on drug sales, tax credit

Amgen, the nation’s biggest biotech company, reported fourth-quarter profits that beat analysts’ estimates, aided by a tax benefit and higher-than-estimated sales of arthritis drug Enbrel.

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Ryland beats Street on higher home sales

By   /  Thursday, January 29th, 2015  /  Earnings, Latest news, Real Estate, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland beats Street on higher home sales

Shares of the The Ryland Group finished trading up more than 8 percent Thursday after the company released fourth-quarter earnings with revenues up 24.7 percent, trumping analysts expectations.

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Carrillo Plaza flipped to investor for $12.2M

By   /  Monday, January 26th, 2015  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Carrillo Plaza flipped to investor for $12.2M

Carrillo Plaza is located at 210 W. Carrillo Blvd. and was sold by Carrillo Holdings, a Santa Barbara-based real estate company. It has shed six Santa Barbara properties over the last 18 months.

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Miramar green-lighted, but Caruso not happy with restrictions

By   /  Thursday, January 22nd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on Miramar green-lighted, but Caruso not happy with restrictions

At a Jan. 21 Montecito Planning Commission meeting that lasted well into the evening, developer Rick Caruso was ultimately given the OK for his redesigned Miramar project. However, the commission attached a few conditions to the approval, which didn’t sit well with the founder of one of the largest privately held real estate companies in Read More →

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QAD, shareholders could pull in $60M with public offering

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on QAD, shareholders could pull in $60M with public offering

QAD, the Santa Barbara-based software developer, today confirmed the pricing for its recently announced public stock offering. The company is offering 3 million shares of Class A common stock at $20.00 per share. One million shares included in the sale are being offered by controlling stockholders Karl Lopker and Pamela Lopker. Additionally, QAD has granted Read More →