May 19, 2024

		

			
				

				   	

				    
				    
				    

					
 

				    

				    				    	
				    

				


			

		

		
		
 
			

				
												


								
								

								
																
								
 | 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 →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, April 25th, 2012

								
Amgen to buy Turkish firm in $700M deal

								Latest news, Technology, Tri-County Public Companies								
Thousand Oaks-based Amgen said it will acquire Mustafa Nevzat Pharmaceuticals, a major supplier of pharmaceuticals and injectable medicines in Turkey, in a deal that values the Turkish firm at $700 million. Amgen said that its focus on Turkey and the surrounding region is part of a broad international expansion strategy for the company. Amgen established Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, April 25th, 2012

								
NiMin Energy to dissolve

								Latest news, Tri-County Public Companies								
NiMin Energy, a small independent oil and gas firm based in Caprinteria, is selling its Wyoming assets for $98 million and dissolving itself. The company, which is traded on the Toronto Stock Exchange, is also in talks to sell its San Joaquin Valley assets in California. The company said the money will be used to Read More →