Pacific Capital extends bondholder deadline
In a sign that Pacific Capital Bancorp’s bondholders may play hardball as it tries to pull together a crucial $500 million rescue deal, the banking company said June 30 that it has again extended the deadline for its debt securities to be cashed in. Bondholders of just $68 million of outstanding debt have turned in Read More →
Watkins: California recovery will be soft
Don’t get too excited about those little signs of economic recovery, California Lutheran University economist Bill Watkins said June 29 in his latest state and federal economic forecast presentation. The recovery will be “soft,” especially in California, and there’s a “pretty high” chance of a double-dip recession, Watkins said during the unveiling of the CLU Read More →
Kids' clothes, grown-up businesses
Any parent can tell you that children can be an endless source of joy, tears, laughter and stress. For two Santa Barbara County moms, they’re also a source of business inspiration. In Solvang, children’s clothing company Lollybean has seen steady growth since owner Amy McConnell started the business in 2007. With the clothes she designs Read More →
Limoneira
Santa Paula-based Limoneira Co. has come a long way since its early days as a family-owned lemon grower. Today, it’s traded on Wall Street and enjoys tens of millions of dollars in sales each year. And it’s not just a citrus business — Limoneira is now one of the largest players in the tri-county real Read More →
With Towbes, L.A. takes notice of our region
For the past five years, the Ernst & Young Entrepreneur of the Year awards — aka the Oscars of business in Los Angeles — have followed an annoyingly familiar script. Really cool South Coast companies get named finalists and they look good in awards videos. But they haven’t exactly lit a fire under the judging Read More →
Making cement green: Oxnard firm leads the way
Jim Price, president of Oxnard’s Diversified Minerals, has entered a range of businesses with his 26-person company, but it all adds up to single-minded focus: greener cement. Diversified Minerals builds giant cement silos, runs a railroad spur and blends specialty cements for projects like dams and levies. But its main thrust is to remanufacture Read More →
