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Montecito Bank & Trust
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Teledyne sells small-aircraft engine division for $186M

By   /  Tuesday, December 14th, 2010  /  Tri-County Public Companies  /  Comments Off on Teledyne sells small-aircraft engine division for $186M

Teledyne is selling its small-aircraft engine business for $186 million to a Chinese company.

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Ventura branch to give Crowell Weedon hat trick in region

By   /  Monday, December 13th, 2010  /  Personal Finance  /  Comments Off on Ventura branch to give Crowell Weedon hat trick in region

Financial services firm Crowell Weedon & Co. will open a Ventura branch less than a year after arriving in Santa Barbara.

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Cal Oaks merger nears close

By   /  Friday, December 10th, 2010  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Cal Oaks merger nears close

Shareholders of both California United Bank and California Oaks State Bank gave the final go-ahead for the merger of the two institutions on Dec. 9

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Semtech to pay $20M to settle options suit

By   /  Wednesday, December 8th, 2010  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech to pay $20M to settle options suit

Semtech Corp. said Dec. 8 that it will pay $20 million in cash to settle a class action securities lawsuit.

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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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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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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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