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By Staff Report / Wednesday, July 27th, 2011 / Banking & Finance, Earnings, Latest news, Tri-County Public Companies / Comments Off on Inphi shares take beating on lower profits
Wall Street punished Inphi Corp. on July 27, pushing down shares 20 percent after the company reported lower-than-expected earnings and gave a gloomier financial forecast than analysts had predicted.
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By Stephen Nellis / Friday, May 6th, 2011 / Latest news / Comments Off on UCSB engineering recruits Bell Labs veteran
UC Santa Barbara has named a new dean of its College of Engineering.
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By Marlize van Romburgh / Monday, January 3rd, 2011 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Cal Oaks merger closes
Encino-based California United Bank completed its $17.2 million acquisition of Thousand Oaks-based California Oaks State Bank on Dec. 31. Cal Oaks shareholders will receive compensation of $11.35 per share, half in cash and half in shares of California United common stock, the banks announced Jan. 3.
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By Marlize van Romburgh / Thursday, December 30th, 2010 / Banking & Finance, Banking Industry, Latest news, Personal Finance, Top Stories / Comments Off on First California to buy into debit card business
Westlake Village-based First California Financial Group said Dec. 30 that it will buy the electronic banking division of Palm Desert-based Palm Desert National Bank, allowing it to move into the prepaid debit card market. Terms of the deal were not disclosed.
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By Staff Report / Tuesday, December 28th, 2010 / Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Pacific Capital hires Cal Fed veterans
Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.
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By Staff Report / Monday, December 20th, 2010 / Latest news, Nonprofits, Top Stories / Comments Off on Orfaleas to give $1M to Ventura College program
The charitable foundations of Kinko’s founder Paul Orfalea announced a $1 million donation on Dec. 20 to the Child Development Center at Ventura College, the biggest gift in the community college’s 85-year history. Early childhood education is one of the focal points of The Orfalea Foundations, which consists of two funds started by Orfalea and Read More →
