November 27, 2022
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Montecito Bank & Trust
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Deckers to double retail stores in race for revenue

By   /  Friday, February 1st, 2013  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers to double retail stores in race for revenue

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Teledyne tops $2B as commercial play pays off

By   /  Friday, February 1st, 2013  /  Banking & Finance, Earnings, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Teledyne tops $2B as commercial play pays off

The cloud and the ocean have helped push Teledyne Technologies past the $2 billion mark. The Thousand Oaks-based industrial and defense conglomerate said Jan. 24 that its 2012 sales hit a record-busting $2.1 billion, up more than 9 percent from $1.9 billion a year before. Net income also set a record at $161.8 million, compared Read More →

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Korean firm pays $170M to get toehold in U.S. with K-Swiss

By   /  Friday, January 25th, 2013  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Korean firm pays $170M to get toehold in U.S. with K-Swiss

After 47 years, the K-Swiss brand might be taking its first steps into the sunset. Westlake Village-based K-Swiss said Jan. 17 that it has agreed to a $170 million buyout by South Korean fashion and retail conglomerate E-Land World Limited. The sale comes after K-Swiss, the maker of the iconic white footwear that was the Read More →

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Rising volume, lower fees mark onset of Obamacare

By   /  Friday, January 25th, 2013  /  Banking & Finance, Top Stories  /  Comments Off on Rising volume, lower fees mark onset of Obamacare

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Ceres develops drought-resistant gene

By   /  Friday, January 18th, 2013  /  Agribusiness, Banking & Finance, Features, Technology, Tri-County Public Companies  /  Comments Off on Ceres develops drought-resistant gene

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K-Swiss agrees to $170M buyout by Korean firm

By   /  Thursday, January 17th, 2013  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss agrees to $170M buyout by Korean firm

Shares of Westlake Village-based footwear firm K-Swiss soared 48 percent on the morning of Jan. 17 after the company agreed to a $170 million buyout. E.Land World Ltd. of South Korea offered to pay $4.75 per share for K-Swiss, which has struggled with huge losses in recent years as sales of its iconic white tennis Read More →

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Lynda.com raises $103M

By   /  Wednesday, January 16th, 2013  /  Banking & Finance, Latest news, Technology  /  1 Comment

In a move that could change online education, Carpinteria-based lynda.com has raised $103 milllion from a group of investors, marking the first time the company has taken outside funding in its 17-year history. Lynda.com, one of the fastest-growing firms in the Tri-Counties, employs about 400 people and generated $100 million in revenue in 2012. It Read More →