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Region’s largest law firms make the cut on new rankings

By   /  Friday, June 8th, 2012  /  Columns, Law & Goverment  /  Comments Off on Region’s largest law firms make the cut on new rankings

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Microfinance, big impact: Kiva.org comes to the Tri-Counties

By   /  Friday, June 8th, 2012  /  Features, Small Business  /  1 Comment

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City National exec sees slow, steady recovery

By   /  Wednesday, June 6th, 2012  /  Banking & Finance, Latest news, Tri-County Economy  /  Comments Off on City National exec sees slow, steady recovery

Staying the course for now will pay off in the long run, according to City National Bank’s chief investment officer. Bruce Simon, who oversees investment activities for the $24 billion nationwide bank, and economist Chris Thornberg gave mid-year updates at a June 6 forum hosted by City National in Camarillo at the Spanish Hills Country Read More →

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Venoco shareholders approve CEO’s takeover bid

By   /  Tuesday, June 5th, 2012  /  Banking & Finance, Tri-County Public Companies  /  Comments Off on Venoco shareholders approve CEO’s takeover bid

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”05-12-2011″ enddate=”05-06-2012″ width=”300″ height=”245″] [Editor’s Note: Correction appended below.] Venoco shareholders have approved CEO Tim Marquez’s bid to take the company private despite the fact that he has yet to give details on how he would gather the nearly $400 million in financing to close the deal. After the June Read More →

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Feds lift Pacific Capital order

By   /  Monday, June 4th, 2012  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Feds lift Pacific Capital order

The parent of Santa Barbara Bank & Trust has walked away from a consent order place on it by regulators two years ago, it said June 4. Pacific Capital Bancorp, the region’s largest bank, said that its agreement with the Federal Reserve Bank of San Francisco was terminated effective May 23. That frees the $5.8 Read More →

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Calavo reports strong Q2 earnings despite Mexican tax expense

By   /  Monday, June 4th, 2012  /  Latest news  /  Comments Off on Calavo reports strong Q2 earnings despite Mexican tax expense

[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”04-12-2011″ enddate=”04-06-2012″ width=”300″ height=”245″] Avocado marketer Calavo Growers reported that second-quarter earnings nearly doubled since the same period last year, before taking into account an unanticipated multimillion-dollar tax expense. For the three months ended April 30, net income before the tax item rose 84 percent to $4.4 million, equal to Read More →

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Central Coast small businesses stack up well against rest of Golden State

By   /  Friday, June 1st, 2012  /  Columns, Opinion  /  Comments Off on Central Coast small businesses stack up well against rest of Golden State

The Central Coast finished at the top of California’s regional rankings, with the Bay Area a very close second.