October 6, 2022
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Montecito Bank & Trust
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Limoneira reports growing revenue and shrinking losses for Q4

By   /  Monday, January 10th, 2022  /  Agribusiness, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira reports growing revenue and shrinking losses for Q4

Limoneira ended its 2020-21 fiscal year on a strong note, with growing revenue and shrinking losses in the fourth quarter, the Santa Paula-based agribusiness announced Jan. 10. Limoneira — a grower and seller of lemons, avocados and other fruits and also a real estate developer — generated $33.5 million in revenue during the fourth quarter Read More →

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Sientra shares up after company releases 2021 revenue estimates

By   /  Monday, January 10th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra shares up after company releases 2021 revenue estimates

The Goleta-based breast implant manufacturer Sientra expects growth in the fourth quarter of 2021 and estimates its “highest-ever breast products yearly revenue” of up to $81 million for the full year, the company said Jan. 10. Sientra reported that its preliminary unaudited revenue from operations for the fourth quarter of 2021 is expected to be Read More →

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Amgen inks drug development deal worth up to $1.9B

By   /  Friday, January 7th, 2022  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen inks drug development deal worth up to $1.9B

Thousand Oaks-based Amgen has reached an agreement with Generate Biomedicines, a Massachusetts-based therapeutics company, to research, discover and create protein therapeutics, the company announced Jan. 6. According to the agreement, Amgen, one of the largest biotech companies in the world, will pay $50 million up front to fund the initial five programs, with a potential Read More →

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2022 Forecast: Stock analysts break out crystal balls for region’s biggest companies

By   /  Friday, January 7th, 2022  /  Banking & Finance, Latest news, Subscriber content, Top Stories, Tri-County Public Companies  /  Comments Off on 2022 Forecast: Stock analysts break out crystal balls for region’s biggest companies

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Sonos wins ruling that Google violated its patents

By   /  Friday, January 7th, 2022  /  Banking & Finance, Latest news, Law & Goverment, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos wins ruling that Google violated its patents

The U.S. International Trade Commission ruled in favor of Santa Barbara-based Sonos once again on Jan. 6, with a finding that Google infringed on five Sonos patents relating to smart speakers and audio. The ITC reaffirmed its decision from August, stating that Google violated section 337 of the Tariff Act of 1930 by infringing on Read More →

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Region’s corporate boards meet state diversity standard

By   /  Friday, January 7th, 2022  /  Banking & Finance, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Region’s corporate boards meet state diversity standard

All of the tri-county region’s publicly held companies that trade on major stock exchanges meet California’s new requirement for more diversity on corporate boards. Assembly Bill 979 was passed in 2020 and went into effect on Jan. 1, 2022. It is similar to Senate Bill 826, a law that went into effect Jan. 1, 2019, Read More →

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2021: The Year In Review

By   /  Friday, December 31st, 2021  /  Banking & Finance, Central Coast, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Economy  /  Comments Off on 2021: The Year In Review

The Dec. 31 print edition of the Pacific Coast Business Times marks our annual Year In Review, featuring the biggest and best stories we published in 2021. Here is a look through our archives at the past year, a year marked by big deals, economic recovery and public health victories, but also by recurring waves Read More →