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Montecito Bank & Trust
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VCMC bond issue scores AA rating, will raise $305M

By   /  Friday, February 8th, 2013  /  Banking & Finance, Top Stories, Tri-County Economy  /  Comments Off on VCMC bond issue scores AA rating, will raise $305M

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Ventura County’s $305M bond issue recieves AA rating

By   /  Monday, February 4th, 2013  /  Banking & Finance, Latest news  /  Comments Off on Ventura County’s $305M bond issue recieves AA rating

On the eve of a Board of Supervisors vote on the largest bond issue for a capital project in Ventura County history, the county’s financing authority received a AA rating from Fitch Ratings on Feb. 4 for $305 million in bonds that will fund a significant rebuilding of the Ventura County Medical Center. Proceeds will Read More →

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Limoneira to raise $40M in common stock offering

By   /  Monday, February 4th, 2013  /  Banking & Finance, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Limoneira to raise $40M in common stock offering

Limoneira Co., the Santa Paula-based agribusiness company with 8,200 acres of real estate and farm land, has announced plans to offer an additional 1.8 million shares of common stock. If successful, the sale would raise about $40 million for Limoneira and increase its total shares outstanding to about 13.25 million. Limoneira’s traded shares, or “float,” Read More →

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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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