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Limoneira shares climb in Nasdaq debut

By   /  Thursday, May 27th, 2010  /  Latest news  /  Comments Off on Limoneira shares climb in Nasdaq debut

Shares of Santa Paula-based Limoneira Co., the largest citrus grower in the Tri-Counties, gained nearly 7 percent in their first day trading on the Nasdaq Stock Market. The company’s stock was formerly traded on the Pink Sheets, an over-the-counter exchange. Moving to the higher-visibility Nasdaq on May 27 was part of a plan Limoneira announced Read More →

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Maldonado touts Gills Onions' fuel cell project

By   /  Friday, May 14th, 2010  /  Latest news  /  Comments Off on Maldonado touts Gills Onions' fuel cell project

Making a pitch for California to lead the world in clean technology research, Lt. Gov. Abel Maldonado said a $10 million project in Oxnard shows how innovation can create jobs in old-line industries such as agriculture. “This is an important project for California,” said Maldonado, speaking May 14 at Gills Onions, where a waste recycling Read More →

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Feds give Pacific Capital September deadline to raise cash

By   /  Wednesday, May 12th, 2010  /  Latest news  /  Comments Off on Feds give Pacific Capital September deadline to raise cash

Pacific Capital Bancorp, parent of Santa Barbara Bank & Trust and the largest banking company in the Tri-Counties, is under new orders from regulators to boost its capital levels by September or potentially sell or liquidate the bank. Pacific Capital, which is in talks over a $500 million rescue that would transfer control of the Read More →

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Lokey joins Mission Community Bank

By   /  Tuesday, May 4th, 2010  /  Latest news  /  Comments Off on Lokey joins Mission Community Bank

San Luis Obispo-based Mission Community Bank announced May 3 that it is bringing former Rabobank executive and tri-county banking veteran Jim Lokey on as its executive chairman. Lokey was the president and chief executive officer of Arroyo Grande-based Mid-State Bank & Trust for seven years, until the bank was bought by Rabobank in 2007 in Read More →

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Ethos Water co-founder talks innovation, "ethical brands" at CLU

By   /  Tuesday, May 4th, 2010  /  Latest news  /  Comments Off on Ethos Water co-founder talks innovation, "ethical brands" at CLU

Social entrepreneurship is an emerging blend of nonprofit and for-profit activity, and leading-edge companies are “ethical brands” such as Tesla or Grameen Bank that favor relationships over transactions. That is the view of Jonathan Greenblatt, a former Clinton administration official and entrepreneur who now teaches at UCLA. Greenblatt spoke May 4 at the latest installment Read More →

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Updated story: Pacific Capital chief briefs shareholders on $500M deal

By   /  Thursday, April 29th, 2010  /  Latest news  /  Comments Off on Updated story: Pacific Capital chief briefs shareholders on $500M deal

[Editor’s note: This story was updated at 3:20 p.m. April 29 with comments from Gerald Ford.] Hours after signing a $500 million deal that could transfer control of Pacific Capital Bancorp to a Texas billionaire’s firm, the banking company’s executives went before investors at its 50th annual shareholder meeting to explain the bold transaction that Read More →

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CKE to be acquired by Apollo

By   /  Monday, April 26th, 2010  /  Latest news  /  Comments Off on CKE to be acquired by Apollo

Carpinteria-based CKE Restaurants announced April 24 that it will be acquired by an affiliate of Apollo Management. Under the terms of the agreement, CKE stockholders will receive $12.55 per share in cash, representing a 41 percent premium to the company’s closing share price on Feb. 25 and a 14 percent premium over an earlier offer Read More →

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