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Montecito Bank & Trust
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Ceres awarded patent in Australia for trait that increases crop yields

By   /  Friday, January 22nd, 2016  /  Agribusiness, Latest news, Tri-County Public Companies  /  Comments Off on Ceres awarded patent in Australia for trait that increases crop yields

Thousand Oaks-based Ceres Inc., an ag-biotech company, was awarded a patent in Australia for a trait that allows growers to increase yields without increasing crop inputs like fertilizer. The patent extends intellectual property protection to the Australian market of a key gene that Ceres has licensed to a multinational crop developer. It covers uses of Read More →

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VC Credit Union maps expansion

By   /  Friday, January 22nd, 2016  /  Banking & Finance, Banking Industry, Latest news, West Ventura County  /  Comments Off on VC Credit Union maps expansion

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Ceres still raising money despite losses

By   /  Friday, January 22nd, 2016  /  Agribusiness, Energy, Latest news, left, Top Stories, Tri-County Public Companies  /  Comments Off on Ceres still raising money despite losses

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Citizens Business Bank fourth quarter earnings up over last year’s

By   /  Thursday, January 21st, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Citizens Business Bank fourth quarter earnings up over last year’s

Ontario-based Citizens Business Bank reported $28.6 million in net earnings for the fourth quarter of 2015, or 27 cents a share. That was up $3 million from the fourth quarter of 2014. For the year, net earnings were $99.1 million, or 93 cents per share. That was down $4.9 million, or 4.69 percent, from the Read More →

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Amazon opens brick and mortar store in Isla Vista

By   /  Friday, January 15th, 2016  /  Higher Education, Latest news, right, Top Stories, Tri-County Public Companies  /  Comments Off on Amazon opens brick and mortar store in Isla Vista

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Limoneira misses Wall Street expectations for fourth quarter

By   /  Monday, January 11th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira misses Wall Street expectations for fourth quarter

Santa Paula-based Limoneira Co. reported fiscal fourth-quarter net income of $654,000 on Jan. 11 after reporting a loss in the same period a year earlier. The company said it had profit of 4 cents per share. Losses, adjusted for non-recurring gains, came to 23 cents per share. The results did not meet Wall Street expectations. Read More →

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San Francisco Federal Reserve Bank CEO says he’s bullish on U.S. economy at Santa Barbara event

By   /  Friday, January 8th, 2016  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on San Francisco Federal Reserve Bank CEO says he’s bullish on U.S. economy at Santa Barbara event

John Williams, president and CEO of the Federal Reserve Bank of San Francisco, speaks during a California Bankers Association event at the Four Seasons Biltmore in Santa Barbara on Jan. 8. (Alex Kacik)

  All in all, things are looking good for the U.S. economy, Federal Reserve Bank of San Francisco President and CEO John Williams said in Santa Barbara the morning of Jan. 8. Despite China’s market uncertainty and the global volatility, Williams doesn’t expect that to have a major impact on the U.S. economy. He pointed Read More →