United Online finances
Woodland Hills-based United Online, a provider of consumer Internet and media services, announced July 17 it has received a commitment from Silicon Valley Bank to provide a $60 million senior secured term loan facility to be used by United Online to fund a portion of the cash merger consideration for its acquisition of FTD Group. Read More →
ValueClick announces
Westlake Village-based ValueClick on July 17 announced preliminary results for the second quarter ended June 30, expecting revenue between $163 and $164 million, compared to its prior guidance range of $166 million to $170 million; adjusted-EBITDA between $43 million and $43.5 million, compared to its prior guidance range of $40 million to $42 million; and Read More →
Pacific Capital reports Q2 net loss
Santa Barbara-based Pacific Capital Bancorp announced July 23 financial results for the second quarter ended June 30, showing a net of $5.9 million, or 13 cents per diluted share, compared to net income of $33.2 million, or 70 cents per diluted share, in the same period last year. The results include a provision for loan Read More →
Resting easy – Home service takes the worry out of being away
Julie Steele and Shannon Trotta couldn’t have picked a better spot to start their company, Nest Assured. Taking advantage of the largely affluent population on the South Coast, the business caters to clients who have second homes in the region or are frequent travelers. Called a home concierge service, Nest Assured manages private homes while Read More →
Sportwall jumps to success
Cathi Lamberti boasts about her company’s gym more than the average chief executive. “This is the fitness center of the future,” Lamberti said, walking into the showroom and testing center of Carpinteria-based Sportwall International, the exercise-game company she founded and heads. “It’s like a combination of a group training room and an arcade.” Sportwall designs Read More →
Deckers striding into a $500M year
Although Goleta-based Deckers Outdoors isn’t the first footwear maker to use recycled materials and even hemp in its products, few others are poised to make more than $500 million in sales this year. Perhaps best known for it sheepskin-lined Ugg boots and Teva sandals, Deckers plans to increase overseas sales in the coming months while Read More →
La Opinion publisher to speak
Monica C. Lozano, publisher and chief executive officer of La Opinion, the nation’s largest Spanish-language newspaper, will keynote the sixth annual Spirit of Small Business Awards luncheon on Aug. 14 at Fess Parker’s DoubleTree Resort in Santa Barbara. Lozano’s address will highlight a program that includes awards to eight companies in Ventura and Santa Barbara Read More →
