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Montecito Bank & Trust
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Citizens Business Bank targets Tri-Counties for growth

By   /  Friday, September 4th, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Citizens Business Bank targets Tri-Counties for growth

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Tech Titan: Inogen co-founder turns effort to help grandmother into big business

By   /  Friday, September 4th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies, Women Inc.  /  Comments Off on Tech Titan: Inogen co-founder turns effort to help grandmother into big business

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Future of digital music, streaming topic of MIT forum

By   /  Friday, September 4th, 2015  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Future of digital music, streaming topic of MIT forum

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Amgen shares drop as Novartis launches cheaper drug

By   /  Thursday, September 3rd, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen shares drop as Novartis launches cheaper drug

Amgen, the giant biotech company based in Thousand Oaks, saw its shares drop 2 percent to $149.23 on Sept. 3 after its rival Novartis launched a drug similar to Amgen’s that costs 15 percent less. Novartis’ Zarxio and Amgen’s Neupogen both help chemotherapy patients battle infections by increasing the production of white blood cells. The Read More →

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Goleta-based Sientra to offer additional $75 million worth of stock

By   /  Thursday, September 3rd, 2015  /  Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Goleta-based Sientra to offer additional $75 million worth of stock

Sientra, a Goleta-based breast implant manufacturer, submitted documents to the Securities and Exchange Commission to offer an additional $75 million worth of stock on Sept. 3. Sientra raised about $77 million after paying underwriting expenses when it started trading on the Nasdaq on Oct. 29, 2014. At the time, the company said it sold 5.75 Read More →

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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  /  Comments Off on Combined banks will be known as American Riviera Bank

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 Read More →

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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  /  Comments Off on Amgen’s cholesterol-lowering drug Repatha gets U.S. approval

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 Read More →