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Montecito Bank & Trust
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$114M slated to fuel Santa Maria Energy operations

By   /  Friday, January 10th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $114M slated to fuel Santa Maria Energy operations

Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.

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The venture capitalist of the vineyards: Terroir’s investments range from Santa Ynez to South Africa

By   /  Friday, January 10th, 2014  /  Features, Personal Finance, Wine & Viticulture  /  Comments Off on The venture capitalist of the vineyards: Terroir’s investments range from Santa Ynez to South Africa

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Wiser Capital to raise $100M for solar projects

By   /  Thursday, January 9th, 2014  /  Banking & Finance, Banking Industry, Technology, Top Stories  /  Comments Off on Wiser Capital to raise $100M for solar projects

Santa Barbara-based solar finance firm Wiser Capital said Jan. 9 that is has entered into a $100 million deal with Sandler O’Neill and Partners, a major Wall Street investment bank.

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Calavo shares jump on higher avocado sales

By   /  Tuesday, January 7th, 2014  /  Agribusiness, Banking & Finance, Earnings, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares jump on higher avocado sales

Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.

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Deckers shares soar as analyst says frigid weather will drive Ugg sales

By   /  Monday, January 6th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers shares soar as analyst says frigid weather will drive Ugg sales

Shares of Deckers Outdoor Corp. jumped 2.6 percent to close at $87.99 on Jan. 6 after one analyst said he expects chillier winter weather to boost sales of the company’s signature Ugg boots.

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Raytheon wins $70M radar jammer contract

By   /  Friday, January 3rd, 2014  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Raytheon wins $70M radar jammer contract

Raytheon said Dec. 30 that it won a $70 million contract to produce radar jammers at one of its Goleta facilities to support foreign military sales to Morocco, Egypt and Iraq.

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CalAmp shares slide as Q4 outlook misses

By   /  Friday, December 27th, 2013  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp shares slide as Q4 outlook misses

Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.