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Montecito Bank & Trust
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Teledyne to raise $125M in debt sale

By   /  Tuesday, September 23rd, 2014  /  Banking & Finance, Banking Industry, East Ventura County, Tri-County Economy  /  Comments Off on Teledyne to raise $125M in debt sale

Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, Read More →

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TechXpress acquired for $1.6M

By   /  Monday, September 22nd, 2014  /  Central Coast, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on TechXpress acquired for $1.6M

San Luis Obispo-based TechXpress is being split up and sold for $1.6 million in cash and stock.

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Calavo posts record Q3, launches FreshRealm

By   /  Thursday, September 18th, 2014  /  Agribusiness, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo posts record Q3, launches FreshRealm

Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →

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Limoneira Co. chairman dies at 76

By   /  Sunday, September 14th, 2014  /  Agribusiness, Top Stories, Tri-County Public Companies, West Ventura County  /  5 Comments

Alan Teague, longtime chairman of Ventura County agribusiness giant Limoneira Co., has died at age 76.

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Region’s Richest 2014

By   /  Friday, September 12th, 2014  /  Banking & Finance, Personal Finance, Special Sections, Top Stories  /  Comments Off on Region’s Richest 2014

Pulling back the curtain on wealth in the Tri-Counties, we rank the 20 richest people in Ventura, Santa Barbara and San Luis Obispo counties.

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Deckers tweaks name to reflect direct-to-consumer tactic

By   /  Thursday, September 4th, 2014  /  Banking & Finance, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers tweaks name to reflect direct-to-consumer tactic

  Deckers Outdoor Corp. is changing its public-facing name to Deckers Brands as it celebrates its listing on the New York Stock Exchange. The Goleta-based owner of Ugg, Sanuk, Teva and other popular products in footwear and accessories said its new retail channels will operate as Deckers Brands. The corporate name will remain Deckers Outdoor Read More →

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Teledyne to buy offshore oil equipment maker for $171M

By   /  Wednesday, September 3rd, 2014  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on Teledyne to buy offshore oil equipment maker for $171M

Thousand Oaks-based industrial conglomerate Teledyne Technologies is buying Bolt Technology Corp., a maker of offshore oil exploration equipment, in an all-cash deal valued at $171 million. Teledyne said Sept. 3 that it will pay $22 per share to buy the Connecticut manufacturer. Bolt makes and supplies marine seismic energy products and replacement parts for offshore Read More →

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