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Montecito Bank & Trust

Real Estate - PCBT
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Governor pays tribute to Towbes at memorial service

By   /  Tuesday, May 23rd, 2017  /  Banking Industry, Real Estate, South Coast, Top Story  /  No Comments

Gov. Jerry Brown made a rare appearance in Santa Barbara on May 23, paying a brief but personal tribute to tri-county businessman Michael Towbes. Towbes died April 11 after a battle with pancreatic cancer. He was 87. Speaking at a memorial service that filled the Granada Theatre, Brown described Towbes as “a helluva guy.” Towbes, Read More →

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Latest

PennyMac declares dividend of 54 cents

By   /  Tuesday, May 23rd, 2017  /  Latest news, Personal Finance, Tri-County Public Companies  /  No Comments

The board of trustees for PennyMac Mortgage Investment Trust declared a dividend of 54 cents for the Westlake Village company’s stockholders May 23. The dividend will be paid on June 15 to stockholders of record June 1. • Contact Marissa Nall at [email protected]  

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MindBody expects to raise $120 million with stock offering

By   /  Tuesday, May 23rd, 2017  /  Latest news, Technology, Tri-County Public Companies  /  No Comments

San Luis Obispo-based MindBody announced a follow-on stock offering May 22 that would raise around $120 million for the company. The wellness-oriented software company plans to offer 4.4 million shares of Class A common stock, with options for underwriters to purchase an additional 660,000 shares. MindBody’s share price fell 5 cents following the announcement, ending Read More →

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Latest

Stock soars at The Trade Desk over news of $200 million offering

By   /  Monday, May 22nd, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  No Comments

The Trade Desk stock gained 3.5 percent on the news that it had filed a registration statement with the Securities and Exchange Commission for a follow-on offering of up to $200 million of existing stock. The digital advertising platform company, headquartered in Ventura, will not receive any proceeds from the offering, filed May 19. The Read More →

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Santa Maria becoming hub for companies with jobs to offer

By   /  Friday, May 19th, 2017  /  Banking Industry, Central Coast, right, Technology  /  No Comments

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Clean Diesel revenue down, net loss grows

By   /  Monday, May 15th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  No Comments

Oxnard-based Clean Diesel Technologies reported a drop in first quarter revenue year-over-year and an increase in its net loss to $3.1 million. The emissions control technology company launched new private label programs in North America and removed some product offerings. Revenues fell 15 percent, from $9.7 million in the first quarter of 2016, to $8.2 Read More →

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Goleta-based AppFolio reports first ever quarterly profit

By   /  Friday, May 12th, 2017  /  Earnings, left, Technology, Tri-County Public Companies  /  No Comments

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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