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Settlement ends Amgen drug kickback saga

By   /  Thursday, January 7th, 2016  /  East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Settlement ends Amgen drug kickback saga

A drug kickback program is finally behind Amgen, the Thousand Oaks-based pharmaceutical giant. Louisville, K.Y.-based PharMerica was the last of three companies to settle lawsuits relating to Amgen allegedly paying kickbacks to PharMerica and another company to prescribe patients the anemia drug Aranesp. PharMerica settled the suit for $2.5 million in December, Louisville Business First Read More →

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Bank of the Sierra buying Coast National Bank

By   /  Tuesday, January 5th, 2016  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra buying Coast National Bank

Sierra Bancorp, the holding company of Bank of the Sierra, will acquire San Luis Obispo-based Coast Bancorp, pending regulatory approval, the banks announced late Jan. 4. It’s the latest move in a wave of tri-county banking mergers and industry sources have told the Business Times there are likely more in the works. “Bank of the Read More →

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American Riviera Bank merges with The Bank of Santa Barbara

By   /  Monday, January 4th, 2016  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on American Riviera Bank merges with The Bank of Santa Barbara

American Riviera Bank completed its previously announced merger with The Bank of Santa Barbara. The merger, first announced on July 15, was approved by shareholders of American Riviera Bank and The Bank of Santa Barbara and received required regulatory approvals. American Riviera Bank had $227 million in assets and The Bank of Santa Barbara had Read More →

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More bank mergers on tap for 2016

By   /  Friday, January 1st, 2016  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on More bank mergers on tap for 2016

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Community West Bank expanding into San Luis Obispo

By   /  Wednesday, December 30th, 2015  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories  /  Comments Off on Community West Bank expanding into San Luis Obispo

Goleta-based Community West Bank plans to open a new branch in San Luis Obispo. Community West, which is owned by Community West Bancshares, looks to debut a full-service branch at 4464 Broad Street — its first in San Luis Obispo County. Its sixth tri-county location, pending approval from federal regulators, would open in the third Read More →

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Calavo Growers’ fourth quarter earnings fall short

By   /  Tuesday, December 29th, 2015  /  Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo Growers’ fourth quarter earnings fall short

Santa Paula-based Calavo Growers missed analyst projections on its fourth-quarter earnings. Calavo Growers, which is known for its avocado production, reported on Dec. 29 a profit of 28 cents per share, missing Wall Street’s projection of 46 cents per share. Calavo Growers stock ended the day at $49.51 per share, down $1.14. The company posted Read More →

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SESLOC opening branch in Santa Maria

By   /  Friday, December 18th, 2015  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on SESLOC opening branch in Santa Maria

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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