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 | Friday, April 27th, 2012

								
Driving on Sunshine: Electric Ford Focus kicks off tour in Santa Barbara

								Features, Green Coast								
A Santa Barbara-based environmental group plans to install electric car chargers up and down the Highway 101 corridor in the Tri-Counties.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Friday, April 27th, 2012

								
NiMin finds buyer for California oil assets

								Latest news								
NiMin Energy is selling its San Joaquin Valley assets for $27 million, inching closer to the dissolution of the company. The news comes after NiMin, an independent oil and gas firm based in Carpinteria, said earlier this week that it is selling its Wyoming assets for $98 million and dissolving the company. For the past Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, April 26th, 2012

								
Deckers stock slips as profits drop 59%

								Banking & Finance, Earnings, Latest news, Tri-County Public Companies								
Unseasonably warm weather dampened first-quarter profits at Ugg boot maker Deckers Outdoor Corp and sent its share price tumbling more than 18 percent after the earnings announcement. The Goleta-based footwear company reported April 26 that quarterly profits were down 59 percent to $7.9 million, or 20 cents per share. The earnings drop came even as Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, April 26th, 2012

								
Developers sell RiverPark apartment project for $10M

								Real Estate, Top Stories								
The 224-unit Mosaic Apartments project in Oxnard’s RiverPark development has changed hands for $10 million. Real estate investment and development firms Urban Partners, LLC and Plaza Development Partners said the two fully-entitled lots were sold in an all-cash deal to Arizona-based The Wolff Co. “The property sale represents an exponential return on invested capital,” the Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, April 26th, 2012

								
FCAL profits drop 83%

								Banking & Finance, Earnings, Latest news, Tri-County Public Companies								
First California Financial Group’s first-quarter profits plummeted 83.3 percent to $2.6 million, it reported on April 26. Per share, earnings were 8 cents, compared to 54 cents in the same quarter a year earlier. The Westlake Village-based parent of First California Bank said last year’s first-quarter results included a one-time $34.7 million pre-tax gain related Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, April 25th, 2012

								
Ryland trims first-quarter loss as home sales pop

								Banking & Finance, Earnings, Latest news, Tri-County Public Companies								
National homebuilder Ryland Group narrowed its first-quarter loss to $3 million from $17.4 milllion as orders for new homes jumped 46.6 percent. Ryland’s revenue climbed 28.7 percent year-over-year to $215.9 million as home orders and closings rose in tandem with average closing prices. The company, which last year moved its headquarters to Westlake Village, said Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, April 25th, 2012

								
PCBC earns $16.6M in Q1

								Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies								
Pacific Capital Bancorp turned in profits of $16.6 million in the first quarter of the year, down slightly from the same period a year earlier. The parent of Santa Barbara Bank & Trust said its latest earnings were affected by $1 million in merger-related costs. UnionBanCal Corp., the parent of Union Bank, is acquiring Pacific Read More →