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Montecito Bank & Trust
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Pacific Capital wraps up $76.4M rights offering

By   /  Monday, November 29th, 2010  /  Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital wraps up $76.4M rights offering

Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.

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Booting up profits: Ugg puts big spring into Deckers

By   /  Monday, November 29th, 2010  /  Tri-County Public Companies  /  Comments Off on Booting up profits: Ugg puts big spring into Deckers

Deckers Outdoor Corp.’s profits jumped 24.4 percent to $42 million in its most recent quarter on strong sales of its signature Ugg brand of boots and Teva sandals.

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Santa Barbara firm set to launch new ETF fund

By   /  Monday, November 29th, 2010  /  Banking & Finance, Personal Finance  /  Comments Off on Santa Barbara firm set to launch new ETF fund

Santa Barbara-based Peritus Asset Management launches the first actively managed, high-yield ETF in the country on Dec. 3.

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Pacific Capital announces stock split

By   /  Wednesday, November 24th, 2010  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital announces stock split

Pacific Capital Bancorp said Nov. 24 that its board of directors has approved a 1-for-100 reverse stock split.

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Cal Oaks merger gets federal OK

By   /  Wednesday, November 24th, 2010  /  Banking Industry, Latest news  /  Comments Off on Cal Oaks merger gets federal OK

Thousand Oaks-based California Oaks State Bank and Encinco-based California United Bank said Nov. 24 that they’ve received the green light from federal banking regulators to complete their proposed acquisition deal.

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Inphi’s IPO the highlight of Wall St. week

By   /  Monday, November 22nd, 2010  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on Inphi’s IPO the highlight of Wall St. week

Inphi Corp.’s initial public offering was an unmitigated success during a volatile month in a volatile year for the markets, experts said.

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Amgen gets sought-after FDA approval

By   /  Thursday, November 18th, 2010  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen gets sought-after FDA approval

The Food and Drug Administration has approved the use of Amgen’s bone drug denosumab in patients with certain types of cancer, Amgen announced Nov. 18.

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