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Teledyne taps energy sector with buyout

By   /  Friday, March 2nd, 2012  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Teledyne taps energy sector with buyout

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FCAL to buy Riverside bank, close four branches

By   /  Tuesday, February 28th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on FCAL to buy Riverside bank, close four branches

While announcing plans to buy an Inland Empire bank, First California Bank said Feb. 28 that it will close four branches, including one in Thousand Oaks. First California plans to pay $2 million in an all-stock deal to buy Riverside-based Premier Service Bank. The deal is still subject to regulatory and shareholder approval and is Read More →

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Teledyne buys Canadian firm

By   /  Monday, February 27th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Teledyne buys Canadian firm

Teledyne Technologies said Feb. 27 that it has purchased a Canadian firm that makes electronics products for the oil and gas industry. Teledyne, a Thousand Oaks-based conglomerate of defense and industrial brands, has been rebalancing its portfolio away from defense companies and toward commercial and industrial products as the U.S. cuts defense spending as it Read More →

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In a crunch, State Fund targets small businesses

By   /  Friday, February 24th, 2012  /  Banking & Finance, Small Business, Top Stories  /  Comments Off on In a crunch, State Fund targets small businesses

The State Compensation Insurance Fund, a government-sponsored insurer of last resort that’s hurting for business, has taken its hunt for cash into the courts, suing mom-and-pop contractors and billion-dollar companies alike in the Tri-Counties. The suits appear to be part of a crackdown on collections as the fund prepares to lay off thousands of workers Read More →

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Deckers steps up sales to $1.4B

By   /  Thursday, February 23rd, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers steps up sales to $1.4B

[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” startdate=”23-08-2011″ enddate=”23-02-2012″ width=”390″ height=”245″] Goleta-based Deckers Outdoor Corp., parent of the Ugg Australia boot brand, increased its sales 38 percent to nearly $1.4 billion in 2011 and boosted net income 25 percent $201.8 million. In an earnings release on Feb. 23, Deckers said it notched a huge boost in international Read More →

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K-Swiss shares tumble on higher Q4 loss

By   /  Friday, February 17th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss shares tumble on higher Q4 loss

[wikichart align=”right” ticker=”NASDAQ:KSWS” showannotations=”true” livequote=”true” startdate=”17-08-2011″ enddate=”17-02-2012″ width=”300″ height=”245″] Athletic shoe company K-Swiss stumbled into another unprofitable quarter, reporting a $25.2 million loss that came to 71 cents per share, despite higher sales. Shares of K-Swiss dropped 10.7 percent to $3.35 on Feb. 17 after the earnings announcement. In the fourth quarter of 2010, the Read More →

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Ceres delays again, warns of Brazilian drought

By   /  Friday, February 17th, 2012  /  Agribusiness, Green Coast, Latest news, Tri-County Public Companies  /  Comments Off on Ceres delays again, warns of Brazilian drought

Ceres, the Thousand Oaks-based energy crop firm, has delayed its initial public offering again. It also said Friday that its existing investors might buy as many as a fifth of the shares slated to hit the market and that a drought in Brazil could hurt it sweet sorghum yields. The pushed back its planned initial Read More →

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