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Monthly Archives: August 2008
Ontario pushing forward with projects
Ontario’s economic magnet — L.A./Ontario International Airport –might be shedding about 30 percent of its flights, but the seeds of economic growth in this city are still visible. Building projects are coming online and new businesses are openingtheir doors, … Continue reading
1st Centennial Bancorp reports $2.7 million 2Q loss
Press Release Source: 1st Centennial Bancorp 1st Centennial Bancorp Announces Second Quarter Financial Results and Plans to Evaluate Capital AlternativesThursday August 7, 5:11 pm ET REDLANDS, Calif.–(BUSINESS WIRE)–1st Centennial Bancorp (OTCBB: FCEN – News), parent holding company of 1st Centennial … Continue reading
Despite losses, Emrise pushing ahead with acquisition plans
Aerospace industry manufacturer Emrise Corp., based in Rancho Cucamonga, reported a loss of $300,000 for the second quarter and also said on Thursday that a New Jersey company it plans to buy received environmental clearance for the pending acquisition. … Continue reading
Vineyard National Bancorp reports $62 million loss
Vineyard National Bancorp reported a loss of $62.5 million on Wednesday for the second quarter — more than four times the company’s losses in the first quarter of this year. Vineyard — the financial parent of Vineyard Bank — … Continue reading
Ontario company a step closer to possible AMEX listing
Soyo Group Inc. (OTCBB: SOYO.OB) is one step closer to possibly getting a spot on the American Stock Exchange. But the Ontario-based consumer electronics distributor’s stock must rise to $2 a share before the exchange will list the company. … Continue reading
Regulator says former Vineyard CEO may not serve on board of directors
Nope. That’s what the Federal Reserve Board said about Norman Morales’s bid to help lead financially-troubled Vineyard National Bancorp, the parent company of Vineyard Bank. The federal regulator doesn’t approve of Morales sitting on the Corona company’s board of … Continue reading
Vineyard Bank’s leadership in the hands of Tuesday’s meeting
The fate of leadership at Vineyard National Bancorp — the parent company of Vineyard Bank — lies in the hands of Tuesday’s annual meeting, where shareholder votes will determine who takes charge in the coming months. Some stakeholders speculate … Continue reading
Weak I.E. manufacturing growth becomes trend
The judgement is in: weakness in the local manufacturing sector is more than just a blip on the radar. It’s become a trend. That’s what researchers at Cal State San Bernardino said today in a report released by the … Continue reading