April 28, 2024

		


| Wednesday, November 4th, 2015

Mindbody Revenues up, raises guidance slightly.

Latest news

MindBody, the newly public wellness software service company based in San Luis Obispo, said Nov. 4 that revenue jumped 48 percent to $26.1 million for the third quarter as its loss narrowed compared to a year earlier. The company, which sells products and merchant processing to yoga and fitness centers worldwide, reported a loss of Read More →

| Friday, October 30th, 2015

Pacifica Hotels buys El Colibri Boutique Hotel & Spa in Cambria

Latest news, Real Estate

Pacifica Hotels purchased El Colibri Boutique Hotel & Spa in Cambria for an undisclosed price, the company announced on Oct. 30. The deal marks Pacifica’s fifth property in Cambria. The Irvine-based hotel management company already owns the FogCatcher Inn, Pelican Inn & Suites, Cambria Landing Inn & Suites, and Fireside Inn on Moonstone Beach. The Read More →

| Thursday, October 29th, 2015

Heritage Oaks Bancorp increases third quarter earnings

Banking & Finance, Banking Industry, Earnings, Latest news

Paso Robles-based Heritage Oaks Bancorp reported $4 million in net income, or 12 cents per share, for the third quarter of 2015. That was up from $3.4 million, or 10 cents per share, recorded in the third quarter of last year. Loans grew 4.8 percent, or $55.2 million, to $1.21 billion in the third quarter Read More →

| Thursday, October 29th, 2015

New managers to renovate Paseo Nuevo shopping center

Latest news, Real Estate, South Coast, Top Stories, Tourism

New managers of the Paseo Nuevo Shops & Restaurants in downtown Santa Barbara plan to renovate the open-air shopping center. El Segundo-based Pacific Retail Capital Partners and New York-based Silverpeak Real Estate Partners announced on Oct. 29 a joint venture with Paseo’s owner, J.P. Morgan Asset Management. Los Angeles-based BMW Realty Advisors, led by co-founder Read More →

| Thursday, October 29th, 2015

Teledyne sales dropped in third quarter

Earnings, Latest news, Technology, Tri-County Public Companies

Sales slumped once again for Teledyne Technologies in the third quarter. The Thousand Oaks-based industrial conglomerate said it saw sales decline for the third straight quarter when it released third quarter earnings on Oct. 29. Sales fell 7.6 percent from $601.1 million during the third quarter of 2014 to $555.4 million this year. Because of Read More →

| Thursday, October 29th, 2015

Deckers Outdoor beats Wall Street expectations

Earnings, Latest news, Tri-County Public Companies

Deckers Outdoor nearly hit Wall Street expectations on the nose with second quarter earnings released by the company Oct. 29. Sales jumped 1.4 percent during the second quarter from $480.3 million last year to $ 486.9 million for the Goleta-based manufacturer of outdoor footwear apparel and accessories. Analysts expected revenues of about $486.8 million. Deckers Read More →

| Wednesday, October 28th, 2015

Shareholders approve proposed American Riviera Bank and The Bank of Santa Barbara merger

Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies

  American Riviera Bank and The Bank of Santa Barbara shareholders approved the banks’ proposed merger, the institutions announced on Oct. 27. The merger is expected to close by January 2016, pending final regulatory approval. The combined companies, which will go by American Riviera Bank, will have branches in downtown Santa Barbara, Montecito and Goleta Read More →