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Montecito Bank & Trust
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Goleta-based Resonant reports net losses grew in 2016

By   /  Thursday, March 30th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Goleta-based Resonant reports net losses grew in 2016

Net losses widened in 2016 for mobile device filter designer Resonant, based in Goleta, from $9.72 million in 2015 to $15.25 million, the company announced March 30. Resonant brought in $302,000 in revenues for the year, compared to none in 2015, but total operating expenses grew 60 percent year-over-year to $15.59 million. Net losses per Read More →

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MindBody acquires dynamic pricing technology company

By   /  Wednesday, March 29th, 2017  /  Central Coast, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody acquires dynamic pricing technology company

Business management software company MindBody, based in San Luis Obispo, announced March 29 that it had acquired early-stage Southern California yield management company Lymber Wellness. Lymber uses MindBody’s application program interface platform to support adjustable pricing strategies for wellness-based businesses. The technology changes the prices for classes and appointments based on availability, similar to dynamic Read More →

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Limoneira shareholders approve request to increase number of shares

By   /  Tuesday, March 28th, 2017  /  Agribusiness, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Limoneira shareholders approve request to increase number of shares

Limoneira shareholders approved a board of directors request to increase its number of authorized shares March 28, but the company has no plans to issue additional stock this year, said CEO Harold Edwards. More than 100 shareholders gathered at the Ventura County Agriculture Museum in Santa Paula for the annual meeting to confirm three new Read More →

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Pacific Premier shareholders approve acquisition of Heritage Oaks

By   /  Tuesday, March 28th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Pacific Premier shareholders approve acquisition of Heritage Oaks

Pacific Premier Bancorp shareholders have voted to approve the acquisition of Paso Robles-based Heritage Oaks Bancorp, Pacific Premier said March 28. The all-stock deal, announced Dec. 13, is valued at  $405.6 million or $11.68 per share. It combines the region’s largest bank, with $2 billion in assets, and Pacific Premier, which has $3.8 billion in assets, Read More →

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Frontier’s first year in Tri-Counties one of losses

By   /  Friday, March 24th, 2017  /  Earnings, Technology, Top Stories, Top Story, Tri-County Public Companies  /  1 Comment

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Regulators back Pacific Premier acquisition of Heritage Oaks

By   /  Tuesday, March 21st, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Economy  /  Comments Off on Regulators back Pacific Premier acquisition of Heritage Oaks

The board of governors of the Federal Reserve System and the California Department of Business Oversight approved Irvine-based Pacific Premier Bancorp’s acquisition of Heritage Oaks Bancorp in Paso Robles, the company announced in a news release March 21. The all-stock deal, announced Dec. 13, is valued at  $405.6 million or $11.68 per share. It combines the Read More →

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Agilent Technologies announces dividend, new chairman

By   /  Thursday, March 16th, 2017  /  Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Agilent Technologies announces dividend, new chairman

Agilent Technologies announced March 15 that stockholders of record April 4 would receive a quarterly dividend. The life sciences company with offices in Camarillo will pay 13.2 cents per share of common stock on April 26. The company also announced the election of a new chairman of its board of directors. Koh Boon Hwee, a Read More →