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Montecito Bank & Trust
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CalAmp’s fourth-quarter earnings surpass predictions

By   /  Wednesday, April 22nd, 2015  /  Earnings, Latest news  /  Comments Off on CalAmp’s fourth-quarter earnings surpass predictions

[wikichart align=”right” ticker=”NASDAQ:CAMP” showannotations=”true” livequote=”true” startdate=”22-10-2014″ enddate=”22-04-2015″ width=”300″ height=”245″] CalAmp shares soared more than 20 percent on April 22 after the company reported earnings for the quarter that beat estimates. Volume was unusually heavy with nearly 6 million shares trading hands, roughly 15 times average daily volume of about 450,000 shares. CalAmp’s profit was 32 Read More →

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Amgen boosts outlook on positive first-quarter results

By   /  Tuesday, April 21st, 2015  /  Earnings, East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen boosts outlook on positive first-quarter results

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.

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FDA approves Amgen heart drug

By   /  Wednesday, April 15th, 2015  /  Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on FDA approves Amgen heart drug

The drug is the first chronic heart failure medication approved by the FDA in nearly a decade.

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Amgen alum speeds toward OK for chin drug

By   /  Friday, April 10th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen alum speeds toward OK for chin drug

Known as ATX-101, the facial injection for the treatment of double chins has been recommended for approval by an FDA advisory committee.

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Solar3D up-lists to NASDAQ on strength of acquisitions

By   /  Friday, April 3rd, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Solar3D up-lists to NASDAQ on strength of acquisitions

The firm raked in $20.2 million in revenue for 2014 and reported operating income of $311,072, compared to an operating loss of $1.1 million for the same period in 2013.

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Calavo gains with avocados, strawberries blossom statewide

By   /  Friday, April 3rd, 2015  /  Agribusiness, Columns, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo gains with avocados, strawberries blossom statewide

The Tri-Counties was hit with at least $10 million in lost crop revenue last year, but there are still a good number of bright spots in ag.

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Amgen touts positive results with new heart health drug

By   /  Friday, March 20th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen touts positive results with new heart health drug

If approved, it will be the Thousand Oaks-based biotech giant’s first new drug on the market since the FDA’s landmark approval of the first-ever biosimilar drug on the American market.