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Montecito Bank & Trust
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Semtech shares sink on lower earnings outlook

By   /  Thursday, December 19th, 2013  /  Earnings, Technology, Tri-County Public Companies  /  Comments Off on Semtech shares sink on lower earnings outlook

Shares of Camarillo-based Semtech Corp. plunged 11.2 percent on Dec. 19 after the company downgraded its revenue and profit outlook for the fourth quarter.

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Salem buys Twitchy.com from Michelle Malkin

By   /  Tuesday, December 10th, 2013  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Salem buys Twitchy.com from Michelle Malkin

Salem Communications said Dec. 10 that it has purchased startup Twitter curation website Twitchy.com from conservative political columnist Michelle Malkin for an undisclosed sum. Camarillo-based Salem runs dozens of Christian and conservative radio stations and websites including HotAir.com. It also publishes magazines and books under those themes.

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Clean Diesel CEO resigns after Pirelli deal dissolves

By   /  Tuesday, December 10th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel CEO resigns after Pirelli deal dissolves

Ventura-based Clean Diesel Technologies said Dec. 10 that CEO and President R. Craig Breese has resigned to “pursue other opportunities.” He will remain at his post until Jan. 8 and the company has created an interim office of the chief executive to replace him. Breese was also a member of the board of directors.

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ValueClick sells websites to About.com parent for $80M

By   /  Monday, December 9th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on ValueClick sells websites to About.com parent for $80M

Westlake Village-based online advertising firm ValueClick is selling its owned-and-operated websites to the parent company of Dictionary.com, Match.com, Ask.com and About.com. The aggregate purchase price was $80 million, according to a regulatory filing.

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Tri-counties rank high on women in business leadership

By   /  Friday, December 6th, 2013  /  Real Estate, Top Stories, Tri-County Public Companies, Women Inc.  /  Comments Off on Tri-counties rank high on women in business leadership

Westlake Village-based LTC Properties, Goleta-based Deckers Outdoor Corp. and Move Inc., whose headquarters are in the Bay Area but has most of its employees in Westlake Village, were on a yearly ranking produced by UC Davis. Each year, the school surveys publicly traded companies in the state to find which have the most women among their boards of directors and highest paid executives.

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$86.2M Inogen IPO puts Goleta startups in play

By   /  Friday, December 6th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on $86.2M Inogen IPO puts Goleta startups in play

Goleta-based Inogen, a maker of portable oxygen concentrators founded by UC Santa Barbara students, has filed for an initial public offering to raise up to $86.2 million. While many successful companies have been spun out of UCSB by professors and doctoral students, Inogen would likely be the first company founded by an undergraduate team to go public. Inogen won the program’s very first business plan competition in 2001.

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Entrepreneurship Q&A: Growing your small business in the new economy

By   /  Friday, November 29th, 2013  /  Personal Finance, Small Business, Tri-County Economy  /  Comments Off on Entrepreneurship Q&A: Growing your small business in the new economy

As part of an occasional series checking in with small-business experts in the region, the Business Times asked Ray Bowman, the director of the Small Business Development Center at the Economic Development Collaborative — Ventura County, to take part in a written Q&A about entrepreneurial finance.