Plains oil pipelines don’t qualify as interstate
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Read More →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 →
Read More →Caruso’s Miramar hotel revival gets OK to begin construction
The controversial multimillion-dollar revival of the Miramar Hotel and Resort in Montecito is moving forward after the Montecito Water District allowed developer Rick Caruso to increase the size of the project’s water meters. The MWD initially denied the newest iteration of the long-debated Miramar project because of the district’s severe water shortage. The issue at Read More →
Read More →Hospitals hurt as nurses fight for better pay
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Read More →Santa Barbara County to regulate short-term rentals
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Read More →Judge denies Plains’ request to delay oil spill lawsuit
A U.S. district judge denied Plains All American Pipeline’s request to put a six-month hold on the class-action lawsuit stemming from the Refugio oil spill. Judge Philip Gutierrez issued an order on Feb. 25 that denied Plains’ motion because Plains did not make a clear case on how a delay, or stay in legalese, would Read More →
Read More →LTC Properties beats analyst projections
Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →
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