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Montecito Bank & Trust
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Beyond biologics: Amgen bets new drugs will pay dividend

By   /  Friday, May 6th, 2011  /  Banking & Finance, Features, Tri-County Public Companies  /  Comments Off on Beyond biologics: Amgen bets new drugs will pay dividend

Amgen executives believe the biotech giant will grow substantially in the next decade, pursuing drugs that treat major melanoma and bone loss.

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ValueClick defies its skeptics

By   /  Friday, May 6th, 2011  /  Banking & Finance, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on ValueClick defies its skeptics

ValueClick is out to prove to investors that it still has some pluck after more than a decade in the digital marketing business.

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Bank earnings rebound signals better times

By   /  Friday, April 29th, 2011  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Bank earnings rebound signals better times

Santa Barbara Bank & Trust and its smaller banking peers in the region are reporting improved earnings.

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Teledyne regroups in face of defense cuts

By   /  Friday, January 7th, 2011  /  Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Teledyne regroups in face of defense cuts

Thousand Oaks-based Teledyne Technologies, a $1.6 billion military-industrial conglomerate, is rearranging itself to bolster its commercial camera sensor lines and shift toward the defense spending that’s farthest from the chopping block.

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Pacific Capital hires Cal Fed veterans

By   /  Tuesday, December 28th, 2010  /  Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Pacific Capital hires Cal Fed veterans

Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.

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Teledyne sells small-aircraft engine division for $186M

By   /  Tuesday, December 14th, 2010  /  Tri-County Public Companies  /  Comments Off on Teledyne sells small-aircraft engine division for $186M

Teledyne is selling its small-aircraft engine business for $186 million to a Chinese company.

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Semtech to pay $20M to settle options suit

By   /  Wednesday, December 8th, 2010  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech to pay $20M to settle options suit

Semtech Corp. said Dec. 8 that it will pay $20 million in cash to settle a class action securities lawsuit.

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