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Montecito Bank & Trust
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Pacific Capital wraps up $76.4M rights offering

By   /  Monday, November 29th, 2010  /  Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital wraps up $76.4M rights offering

Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.

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Booting up profits: Ugg puts big spring into Deckers

By   /  Monday, November 29th, 2010  /  Tri-County Public Companies  /  Comments Off on Booting up profits: Ugg puts big spring into Deckers

Deckers Outdoor Corp.’s profits jumped 24.4 percent to $42 million in its most recent quarter on strong sales of its signature Ugg brand of boots and Teva sandals.

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Pacific Capital announces stock split

By   /  Wednesday, November 24th, 2010  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital announces stock split

Pacific Capital Bancorp said Nov. 24 that its board of directors has approved a 1-for-100 reverse stock split.

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Inphi’s IPO the highlight of Wall St. week

By   /  Monday, November 22nd, 2010  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on Inphi’s IPO the highlight of Wall St. week

Inphi Corp.’s initial public offering was an unmitigated success during a volatile month in a volatile year for the markets, experts said.

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Amgen gets sought-after FDA approval

By   /  Thursday, November 18th, 2010  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen gets sought-after FDA approval

The Food and Drug Administration has approved the use of Amgen’s bone drug denosumab in patients with certain types of cancer, Amgen announced Nov. 18.

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Inphi shares climb on first day

By   /  Thursday, November 11th, 2010  /  Latest news, Tri-County Public Companies  /  Comments Off on Inphi shares climb on first day

Shares of Inphi Corp., the Santa Clara-based chipmaker with big operations in Westlake Village, shot up nearly 28 percent to close at $15.30 after they hit the market Nov. 11. Shares of the initial public offering made their debut on the New York Stock Exchange under the symbol IPHI. The 6.8 million shares hit the Read More →

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Heritage Oaks reports $11.3M loss

By   /  Tuesday, November 9th, 2010  /  Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks reports $11.3M loss

Paso Robles-based Heritage Oaks Bancorp reported a third-quarter loss applicable to common shareholders of $11.3 million on Nov. 9, compared to a $5.6 million loss in the same quarter last year. The banking firm, the third largest based in the Tri-Counties, blamed the wider loss on a $10.5 million non-cash charge related to the valuation Read More →

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