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Ojai Community Bank out from regulatory order

By   /  Tuesday, March 27th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Ojai Community Bank out from regulatory order

Ojai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →

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Dole earnings beat outlook

By   /  Thursday, March 15th, 2012  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Dole earnings beat outlook

Fruit producer Dole Food Co. reported an adjusted loss of $2 million, or 2 cents per share, from continuing operations, beating the 12-cent loss predicted by analysts on average. The recent loss compares to a $31 million, or 35 cent per-share, loss a year earlier. CEO David DeLorenzo said strong sales and a cost-reduction program Read More →

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Salem earnings soar 195%

By   /  Thursday, March 8th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem earnings soar 195%

[wikichart align=”right” ticker=”NASDAQ:SALM” showannotations=”true” livequote=”true” startdate=”08-09-2011″ enddate=”08-03-2012″ width=”300″ height=”245″] Camarillo-based Salem Communications, a conservative and Christian radio broadcaster, increased profits 195 percent to $5.6 million in 2011, the company said March 8. Salem owns or operates 95 radio stations in the U.S., more than half of which are in the nation’s top 25 radio markets. Read More →

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Semtech breaks profit record, buys French wireless firm

By   /  Wednesday, March 7th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Semtech breaks profit record, buys French wireless firm

Chipmaker Semtech beat analysts expectations by two cents a share and set a profit record while continuing its streak of acquisitions on March 7. Semtech broke its year-end records with profits up 23 percent to $89 million on net sales of $480 million, a 5 percent increase that was also a new high for the Read More →

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Deckers steps up sales to $1.4B

By   /  Thursday, February 23rd, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers steps up sales to $1.4B

[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” startdate=”23-08-2011″ enddate=”23-02-2012″ width=”390″ height=”245″] Goleta-based Deckers Outdoor Corp., parent of the Ugg Australia boot brand, increased its sales 38 percent to nearly $1.4 billion in 2011 and boosted net income 25 percent $201.8 million. In an earnings release on Feb. 23, Deckers said it notched a huge boost in international Read More →

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K-Swiss shares tumble on higher Q4 loss

By   /  Friday, February 17th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss shares tumble on higher Q4 loss

[wikichart align=”right” ticker=”NASDAQ:KSWS” showannotations=”true” livequote=”true” startdate=”17-08-2011″ enddate=”17-02-2012″ width=”300″ height=”245″] Athletic shoe company K-Swiss stumbled into another unprofitable quarter, reporting a $25.2 million loss that came to 71 cents per share, despite higher sales. Shares of K-Swiss dropped 10.7 percent to $3.35 on Feb. 17 after the earnings announcement. In the fourth quarter of 2010, the Read More →

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Amgen Q4 earnings drop 8.5%

By   /  Thursday, January 26th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Amgen Q4 earnings drop 8.5%

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Biotech giant Amgen, which said earlier on Thursday that it would pay $1.2 billion for leukemia drugmaker Micromet, reported fourth-quarter earnings that missed analyst expectations. The Thousand Oaks-based company said fourth-quarter profits fell 8.5 percent to $934 million, or $1.08 per share, on lower sales of Read More →

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