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Montecito Bank & Trust
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Experts fear rules gridlock

By   /  Monday, February 15th, 2010  /  Personal Finance  /  Comments Off on Experts fear rules gridlock

As new stormwater rules take final form in Ventura County, legal experts are wondering whether the aims of the regulations are on a crash course with the goals of landmark smart-growth and carbon emissions laws passed in Sacramento in recent years. At its heart, the conflict centers on density. AB 32 and SB 375, laws Read More →

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Institute heralds $50M gift

By   /  Monday, February 1st, 2010  /  Personal Finance  /  Comments Off on Institute heralds $50M gift

In another sign of the changing ways that medical research gets funded, the partner institute in the University of California, Santa Barbara’s Center for Nanomedicine received a $50 million gift from a philanthropist Jan. 26. South Dakota billionaire Denny Sanford gave $50 million to the La Jolla-based Burnham Institute, the partner organization in the UCSB-Burnham Read More →

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Rivals, regulators wait for PCBC results

By   /  Monday, September 28th, 2009  /  Personal Finance  /  Comments Off on Rivals, regulators wait for PCBC results

As the end of the third quarter approaches, Wall Street is focused on one number in Pacific Capital Bancorp’s results: tier one capital. After Sept. 30, the region’s largest independent banking company and parent of Santa Barbara Bank & Trust will have to show federal regulators that it’s raised its all-important tier one leverage ratio, Read More →

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Scripps regroups

By   /  Monday, September 21st, 2009  /  Personal Finance  /  Comments Off on Scripps regroups

In response to plummeting advertising sales, the Ventura County Star’s parent company has completely overhauled its newspaper division, shuffling top management in an effort to cut costs.   The Cincinnati-based E.W. Scripps Co. said the reorganization will affect all of its 13 newspapers, which will now report to an operating committee on sales and content. Read More →

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Tuning in profits

By   /  Monday, September 14th, 2009  /  Personal Finance  /  Comments Off on Tuning in profits

The raucous public debate over health care reform has given shares of Camarillo-based Salem Communications a healthy 375  percent boost. Salem owns a nationwide network of Christian and conservative talk radio stations. Opponents of health care reform have spent millions to get their message out to just such an audience, and investors seem to think Salem Read More →

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Amgen earnings keep rising

By   /  Thursday, October 23rd, 2008  /  Personal Finance  /  Comments Off on Amgen earnings keep rising

Amid some of the worst market plunges in Wall Street’s history, Thousand Oaks-based Amgen continues to blaze a comeback trail. The company cut hard and deep last year, shedding more than 1,000 jobs after a tempest of regulatory woes. But third quarter profits have surged, and the company’s shares have proved buoyant amid turbulent markets. Read More →

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Pragmatic partnership

By   /  Thursday, October 23rd, 2008  /  Personal Finance  /  Comments Off on Pragmatic partnership

Pragmatic Solutions wants to learn about you through online games. The Westlake Village-based company provides the technical back-end for titles such as “America’s Army,” its main effort. It has partnered with the U.S. Army for the game, a recruiting tool designed to give potential soldiers a virtual taste of what it’s like to serve. Pragmatic Read More →

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