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Combined banks will be known as American Riviera Bank

By   /  Thursday, August 27th, 2015  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  No Comments

The combined American Riviera Bank and The Bank of Santa Barbara will be known as American Riviera Bank, the merged institution announced Aug. 27. Santa Barbara-based marketing agency Idea Engineering deemed that the name would have better “brand impact.” The banks proposed the merger in July, which would combine two smaller companies into a three-branch […]

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Amgen’s cholesterol-lowering drug Repatha gets U.S. approval

By   /  Thursday, August 27th, 2015  /  Latest news, Tri-County Public Companies  /  No Comments

Thousand Oaks-based biotech giant Amgen won U.S. approval for its powerful cholesterol-lowering drug Repatha for certain patients, making it the second in a new class of treatments to come to market, Bloomberg News reported Aug. 27. The Food and Drug Administration cleared Repatha for people with hard-to-treat levels of bad cholesterol, according to a statement […]

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Goleta-based Community West Bancshares reports loss

By   /  Friday, August 21st, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  No Comments

Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong […]

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32 tri-county firms on list of Inc. 5000 fastest growing companies

By   /  Friday, August 21st, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  No Comments

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Energy plant site visit will be showdown between Oxnard, NRG

By   /  Friday, August 21st, 2015  /  Energy, Latest news, Top Stories, Tri-County Public Companies  /  No Comments

NRG Energy’s Mandalay Generating Station along Oxnard’s shores would be replaced if state officials approve the project.

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Heritage Oaks Bank CFO Lonny Robinson resigns

By   /  Thursday, August 20th, 2015  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  No Comments

Heritage Oaks Bank Executive Vice President and Chief Financial Officer Lonny Robinson has resigned, holding company Heritage Oaks Bancorp announced Aug. 19. The Paso Robles-based bank hired Robinson in March 2014 to help with the Mission Community Bank merger and groom his successor, Jason Castle, Heritage Oaks Bank CEO and President Simone Lagomarsino said. Robinson […]

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Camarillo’s Semtech reports loss for second quarter

By   /  Thursday, August 20th, 2015  /  Latest news, Technology, Tri-County Public Companies  /  No Comments

Camarillo-based Semtech said it lost $313,000 in an earnings report for the second quarter of its 2016 fiscal year on Aug. 19. Semtech makes analog and mixed signal semiconductors. The results continue a slow year for Semtech, which lost $142,000 in the first quarter. That amounted to a loss of less than one cent per […]

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