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Montecito Bank & Trust
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San Luis Obispo’s MindBody beat analysts’ estimates but lost money

By   /  Friday, August 7th, 2015  /  Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on San Luis Obispo’s MindBody beat analysts’ estimates but lost money

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Appfolio reports $3.2 million loss for second quarter

By   /  Thursday, August 6th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Appfolio reports $3.2 million loss for second quarter

Appfolio lost $3.2 million during the second quarter, the company reported Aug. 6. Goleta-based Appfolio makes property management software for small-to medium-sized real estate managers. Revenues were up 59 percent in the second quarter of 2015 from $11.6 million last year to $18.4 million this year. Appfolio lost 34 cents per share, which met analyst Read More →

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San Luis Obispo’s Mindbody beats estimates but shares still down

By   /  Tuesday, August 4th, 2015  /  Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on San Luis Obispo’s Mindbody beats estimates but shares still down

San Luis Obispo-based Mindbody beat analyst estimates when it released second quarter earnings on Aug. 4, but shares still ended down for a ninth consecutive day. Mindbody lost 21 cents per share, but analysts had predicted losses of 31 cents per share. Mindbody’s surprising earnings are a rare recent bright spot for the company since Read More →

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Shire makes $30 billion bid for Thousands Oaks’ Baxalta

By   /  Tuesday, August 4th, 2015  /  Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Shire makes $30 billion bid for Thousands Oaks’ Baxalta

One of the biggest employers in Ventura County faces an ownership change less than one month after it was spun off from its Chicago-area parent. Shire Plc, a pharma company based in Dublin, Ireland, stunned the markets on Aug. 4 with a $30 billion bid for Baxalta. Baxalta, which employs around 2,000 at two locations Read More →

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Camarillo’s Salem Media adds investment newsletters

By   /  Friday, July 31st, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Camarillo’s Salem Media adds investment newsletters

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Rabobank wants to be tops in ag, small biz lending

By   /  Friday, July 31st, 2015  /  Agribusiness, Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Rabobank wants to be tops in ag, small biz lending

  After a series of branch consolidations and a strategic rethinking, Rabobank will focus its California lending on business banking, agribusiness and renewables in its core markets in the Central Valley and on the Central Coast. The Netherlands-based banking giant has set a goal to be the global leader in food and agriculture lending as Read More →

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Deckers loses $47.3 million in fiscal first quarter

By   /  Thursday, July 30th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers loses $47.3 million in fiscal first quarter

Goleta-based Deckers on July 30 reported a loss of $47.3 million in its fiscal first quarter and a loss of $1.43 on a per-share basis. Despite the per-share loss, the results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share. Deckers Read More →