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Montecito Bank & Trust
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Limoneira revenues fell, loss grew in first quarter

By   /  Friday, March 11th, 2016  /  Agriculture, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira revenues fell, loss grew in first quarter

Santa Paula-based Limoneira reported a loss of about $4 million and revenues fell $3 million in first quarter earnings results the company released March 10. Revenues fell from $28 million during the first quarter of 2015 to $25 million in 2016. Net losses widened from $1.4 million in 2015 to $3.9 million in 2016. Losses Read More →

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QAD revenues and profits fell in fourth quarter and fiscal year 2016

By   /  Friday, March 11th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD revenues and profits fell in fourth quarter and fiscal year 2016

Santa Barbara software developer QAD’s revenues and profits fell, the company reported in fourth quarter and fiscal year 2016 earnings results March 10. Fourth quarter revenues fell from $79.6 million in 2015’s fourth quarter to $69.3 million in 2016. Gross profits fell from $45.7 million to $38.4 million. QAD hit analyst revenue estimates of $69 Read More →

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Amid losses, Sientra makes an acquisition

By   /  Friday, March 11th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amid losses, Sientra makes an acquisition

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Calavo Growers beats per share estimates but misses on revenue

By   /  Tuesday, March 8th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers beats per share estimates but misses on revenue

Calavo Growers beat per share analyst expectations but missed revenue estimates when the company reported fiscal year 2016 first quarter earnings March 8. The Santa Paula-based avocado grower reported earnings per share of 37 cents, 2 cents better than estimates compiled by financial information provider S&P Capital IQ. Revenues increased 5 percent from $194.8 million Read More →

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Amgen to pay dividend of $1 per share

By   /  Friday, March 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Amgen to pay dividend of $1 per share

Thousand Oaks-based biotech giant Amgen announced it will pay a second quarter dividend of $1 per share. Amgen increased its first quarter dividend to $1 per share from 79 cents on Dec. 15, which Amgen paid to shareholders during each quarter last year. Amgen will pay the dividend on June 8 to shareholders who own Read More →

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Semtech beats analysts’ revenue estimates

By   /  Friday, March 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech beats analysts’ revenue estimates

Semtech beat analyst estimates but revenues sank again as weak mobile phone demand hampered the Camarillo-based semi conductor manufacturer. The company reported fourth quarter and year end results March 2 for the 2016 fiscal year. Fourth quarter revenues fell 9 percent from $130.4 million in 2015 to $118.6 million in 2016. According to Yahoo Finance, Read More →

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Citizens Business Bank finalizes acquisition of County Commerce Bank

By   /  Tuesday, March 1st, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Citizens Business Bank finalizes acquisition of County Commerce Bank

Citizens Business Bank finalized its acquisition of County Commerce Bank, the company announced on Feb. 29. In exchange for all of County Commerce’s common stock and options, Citizens paid $41.25 million — half in stock and half in cash. That equates to $16.79 per County Commerce share. County Commerce earned 40 consecutive “Five Star” quarterly Read More →

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