October 14, 2025
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Montecito Bank & Trust
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Banks closed thousands of branches in 2021 and tri-county banks were no exception

By   /  Friday, February 11th, 2022  /  Banking & Finance, Banking Industry, Latest news, Real Estate, right, Subscriber content, Top Stories  /  Comments Off on Banks closed thousands of branches in 2021 and tri-county banks were no exception

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Portfolio Watch: Inflation, the eurozone and the future of energy prices

By   /  Friday, February 11th, 2022  /  Banking & Finance, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio Watch: Inflation, the eurozone and the future of energy prices

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Opinion: Diversification works; here’s why

By   /  Friday, February 11th, 2022  /  Banking & Finance, Latest news, Op/Eds, Opinion, Personal Finance  /  Comments Off on Opinion: Diversification works; here’s why

By Arthur Swalley The past two years in the capital markets are a textbook example of how diversification works. After the pandemic crash in February and March 2020, market returns were led by “pandemic” stocks like Zoom and Amazon. As interest rates remained low, resulting in higher multiples being placed on growing cash flows, large Read More →

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Sonos shares up after Q1 earnings report

By   /  Thursday, February 10th, 2022  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos shares up after Q1 earnings report

Santa Barbara-based Sonos delivered revenue growth and beat analysts’ expectations when it announced its results for the first quarter of 2022 on Feb. 9. Sonos, a maker of audio speakers, generated record revenue in the first quarter, with sales worth $664.5 million, a 3% increase year-over-year, driven largely by strong demand in both existing and Read More →

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Amgen shares jump after company announces buyback plan and long-term projections

By   /  Tuesday, February 8th, 2022  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen shares jump after company announces buyback plan and long-term projections

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Amgen reports revenue spike from COVID treatment collaboration

By   /  Monday, February 7th, 2022  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen reports revenue spike from COVID treatment collaboration

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Portfolio Watch: Assessing Ukraine’s market risk; Is the recent slump the sign of a bear market?

By   /  Friday, February 4th, 2022  /  Banking & Finance, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio Watch: Assessing Ukraine’s market risk; Is the recent slump the sign of a bear market?

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