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Montecito Bank & Trust
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Cal Amp’s second quarter earnings beat analyst estimates

By   /  Thursday, October 1st, 2015  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Cal Amp’s second quarter earnings beat analyst estimates

Oxnard-based Cal Amp, which makes products for the wireless sector, beat analyst estimates on Oct. 1 when it reported second quarter 2016 results. Cal Amp posted earnings of 27 cents per share, beating analyst estimates of 26 cents per share. Analysts expected Cal Amp’s revenues to be around $68 million, but the company beat those Read More →

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European regulators have good news for Amgen on cancer drugs

By   /  Friday, September 25th, 2015  /  Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on European regulators have good news for Amgen on cancer drugs

One of the world’s most expensive cancer drugs got conditional approval from European regulators on Sept. 25. Europeans granted Thousand Oaks-based Amgen conditional approval of its rare blood cancer drug Blincyto and gave a positive evaluation of Amgen’s multiple-myeloma drug Kyprolis. Blincyto is an immunotherapy that is designed to treat a rare form of leukemia Read More →

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Stockholders sue Goleta-based Sientra after shares slide

By   /  Friday, September 25th, 2015  /  Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Stockholders sue Goleta-based Sientra after shares slide

Sientra’s shares nosedived more than 52 percent on Sept. 24 and several law firms around the country announced on Sept. 25 investigations into possible violations of federal securities laws. On Sept. 23, the Goleta-based breast implant manufacturer sold 3 million new shares in a public offering. The offering raised $66 million for the company before Read More →

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FICO score can make a big difference

By   /  Friday, September 25th, 2015  /  Op/Eds, Opinion, Personal Finance  /  Comments Off on FICO score can make a big difference

For most small businesses, the toughest aspect of running the operation is managing cash flow. Most small businesses depend on timely payments from their clients to pay their own bills. However, in difficult times such as these, clients often stretch payment of their invoices to 60 days or longer. In order to be able to Read More →

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Amgen cancer drug Kyprolis to get expedited review from FDA

By   /  Friday, September 18th, 2015  /  Health Care & Life Science, Latest news, Tri-County Public Companies  /  Comments Off on Amgen cancer drug Kyprolis to get expedited review from FDA

An experimental multiple myeloma treatment using Amgen’s Kyprolis will get an expedited review from the U.S. Food and Drug Administration. The FDA said it will use an expedited review process to review a multiple-myeloma treatment using Kyprolis and the genric drug dexamethasone. On July 23, Amgen submitted additional data to the FDA which compared this Read More →

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New venture capital fund aims to spur Central Coast tech

By   /  Friday, September 18th, 2015  /  Banking & Finance, Latest news, Top Stories  /  Comments Off on New venture capital fund aims to spur Central Coast tech

A new Central Coast tech venture capital fund will give entrepreneurs in the Highway 101 corridor another avenue for funding. Santa Barbara Technology Ventures seeks to invest primarily in tech startups by having a close affiliation with companies coming out of UC Santa Barbara and Cal Poly San Luis Obispo, according to a Sept. 1 Read More →

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Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

By   /  Friday, September 18th, 2015  /  Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

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