Citizens Business Bank fourth quarter earnings up over last year’s
Ontario-based Citizens Business Bank reported $28.6 million in net earnings for the fourth quarter of 2015, or 27 cents a share. That was up $3 million from the fourth quarter of 2014. For the year, net earnings were $99.1 million, or 93 cents per share. That was down $4.9 million, or 4.69 percent, from the Read More →
Amazon opens brick and mortar store in Isla Vista
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Limoneira misses Wall Street expectations for fourth quarter
Santa Paula-based Limoneira Co. reported fiscal fourth-quarter net income of $654,000 on Jan. 11 after reporting a loss in the same period a year earlier. The company said it had profit of 4 cents per share. Losses, adjusted for non-recurring gains, came to 23 cents per share. The results did not meet Wall Street expectations. Read More →
Surgeons clamor for Sientra implants
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Coast National sale speeds up merger surge
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Settlement ends Amgen drug kickback saga
A drug kickback program is finally behind Amgen, the Thousand Oaks-based pharmaceutical giant. Louisville, K.Y.-based PharMerica was the last of three companies to settle lawsuits relating to Amgen allegedly paying kickbacks to PharMerica and another company to prescribe patients the anemia drug Aranesp. PharMerica settled the suit for $2.5 million in December, Louisville Business First Read More →
Bank of the Sierra buying Coast National Bank
Sierra Bancorp, the holding company of Bank of the Sierra, will acquire San Luis Obispo-based Coast Bancorp, pending regulatory approval, the banks announced late Jan. 4. It’s the latest move in a wave of tri-county banking mergers and industry sources have told the Business Times there are likely more in the works. “Bank of the Read More →
