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Montecito Bank & Trust
Latest

NiMin reports $3.8M profit

By   /  Monday, August 15th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on NiMin reports $3.8M profit

NiMin Energy Corp. earned $3.8 million, or 6 cents per share, in the second quarter of the year, swinging back to black after a $2.5 million loss in the same period a year ago.

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Latest

K-Swiss shares stumble on $20M loss

By   /  Thursday, August 4th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss shares stumble on $20M loss

K-Swiss reported a second-quarter loss of $20 million, or 56 cents per share, on Aug. 4, tripping up analysts who had predicted a 30-cent per share loss.

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Latest

ValueClick to buy Dotomi for $295M

By   /  Tuesday, August 2nd, 2011  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on ValueClick to buy Dotomi for $295M

ValueClick said Aug. 2 that it will pay $295 million to acquire Chicago-based online advertising firm Dotomi, the same day the Westlake Village-based firm announced earnings that beat analyst expectations.

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Latest

PCBC earns $21M in Q2

By   /  Wednesday, July 27th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on PCBC earns $21M in Q2

Pacific Capital Bancorp took another step toward getting out from under its regulatory consent order, reporting second-quarter net income of $21 million, or 64 cents per share, on July 27.

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Latest

Inphi shares take beating on lower profits

By   /  Wednesday, July 27th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Inphi shares take beating on lower profits

Wall Street punished Inphi Corp. on July 27, pushing down shares 20 percent after the company reported lower-than-expected earnings and gave a gloomier financial forecast than analysts had predicted.

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Latest

New CalAmp CEO walks in as focus shifts

By   /  Friday, June 24th, 2011  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on New CalAmp CEO walks in as focus shifts

CalAmp is back. The Oxnard-based firm, which trades on the Nasdaq and has a 98,0000-square-foot facility in the Tri-Counties, had a brush with death when it temporarily lost a huge customer and revenues halved. But analysts say the company’s turnaround team has righted the ship and handed off power to a new CEO.

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Latest

Calavo bags fresh food firm for $96M

By   /  Friday, June 3rd, 2011  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo bags fresh food firm for $96M

Calavo Growers’ $96 million purchase of a fast-growing fresh food company signals that it’s come a long way since its homegrown roots as an avocado cooperative.

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