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By Stephen Nellis / Friday, February 24th, 2012 / Banking & Finance, Small Business, Top Stories / Comments Off on In a crunch, State Fund targets small businesses
The State Compensation Insurance Fund, a government-sponsored insurer of last resort that’s hurting for business, has taken its hunt for cash into the courts, suing mom-and-pop contractors and billion-dollar companies alike in the Tri-Counties. The suits appear to be part of a crackdown on collections as the fund prepares to lay off thousands of workers Read More →
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By Editorial Board / Friday, February 24th, 2012 / Editorials, Opinion / Comments Off on Editorial: Pension tsunami ready to hit local governments
California’s ailing benefits system rests on three tottering pillars — the State Fund for worker’s compensation, unemployment insurance and public pensions.
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By Dana Olsen / Friday, February 24th, 2012 / Columns, Tourism / Comments Off on Film industry is a star-studded boost for Santa Barbara hotels
For hotels in Santa Barbara, the annual film festival starts the year off with a kick.
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By Marlize van Romburgh / Friday, February 24th, 2012 / Features / Comments Off on At home in California: Oxnard furniture chain is growing fast
Oxnard-based Urban Home has 200 employees and expects to outgrow its new headquarters again within a few years.
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By Staff Report / Thursday, February 23rd, 2012 / Banking & Finance, Earnings, Latest news, Tri-County Public Companies / Comments Off on Deckers steps up sales to $1.4B
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” startdate=”23-08-2011″ enddate=”23-02-2012″ width=”390″ height=”245″] Goleta-based Deckers Outdoor Corp., parent of the Ugg Australia boot brand, increased its sales 38 percent to nearly $1.4 billion in 2011 and boosted net income 25 percent $201.8 million. In an earnings release on Feb. 23, Deckers said it notched a huge boost in international Read More →
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By Staff Report / Wednesday, February 22nd, 2012 / Latest news / Comments Off on Ceres goes public at $13
Ceres, the Thousand Oaks-based energy crop firm, has gone public on the Nasdaq priced at $13 a share, raising up to $65 million in the sale of five million shares. The stock was up nearly 15 percent to $14.90 in mid-day trading on Feb. 22. Ceres struggled to push through its deal. Initially slated to Read More →
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By Staff Report / Friday, February 17th, 2012 / Banking & Finance, Earnings, Latest news, Tri-County Public Companies / Comments Off on K-Swiss shares tumble on higher Q4 loss
[wikichart align=”right” ticker=”NASDAQ:KSWS” showannotations=”true” livequote=”true” startdate=”17-08-2011″ enddate=”17-02-2012″ width=”300″ height=”245″] Athletic shoe company K-Swiss stumbled into another unprofitable quarter, reporting a $25.2 million loss that came to 71 cents per share, despite higher sales. Shares of K-Swiss dropped 10.7 percent to $3.35 on Feb. 17 after the earnings announcement. In the fourth quarter of 2010, the Read More →