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You are here:  Home  >  Articles by Staff Report  -  Page 485
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Wendy

By   /  Thursday, March 11th, 2010  /  Latest news  /  Comments Off on Wendy

A burger bidding war might be in the works for Carpinteria-based CKE Restaurants, the parent of the Carl’s Jr. chain of fast-food restaurants. Citing sources close to the potential offer, the New York Post reported March 11 that Nelson Peltz, owner of the Wendy’s and Arby’s chain of restaurants, is considering a bid for the Read More →

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Heritage Oaks to raise $60M

By   /  Wednesday, March 10th, 2010  /  Latest news  /  Comments Off on Heritage Oaks to raise $60M

Just days after receiving orders from federal regulators to submit a plan to keep its capital levels up, Paso Robles-based Heritage Oaks Bank said March 10 it intends to raise $60 million by selling securities. The bank, which has 13 tri-county branches and is the parent of Business First Bank in Santa Barbara, said the Read More →

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Semtech shows $9.5M profit in Q4

By   /  Wednesday, March 10th, 2010  /  Latest news  /  Comments Off on Semtech shows $9.5M profit in Q4

Fresh off a $180 million, all-cash buyout of another chipmaker, Camarillo-based Semtech turned in a $9.5 million profit on $85 million in revenue for the fourth quarter March 10, up from $6.3 million the year before. Semtech makes chips for the popular BlackBerry phones and other high-end mobile devices. The fourth-quarter profit was up from Read More →

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Santa Barbara contractors decry union-backed plan

By   /  Wednesday, March 10th, 2010  /  Latest news  /  Comments Off on Santa Barbara contractors decry union-backed plan

Construction contractors and business leaders on March 10 denounced a proposal they say would discriminate against non-union shops and drive up building costs for taxpayers in Santa Barbara County. John Holehouse, president of Holehouse Construction Co., called a proposal to restrict bidding on public projects in the county to union shops “a shark dressed as Read More →

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PCBC's top legal exec to retire

By   /  Tuesday, March 9th, 2010  /  Latest news  /  Comments Off on PCBC's top legal exec to retire

Fred Clough, executive vice president and general counsel at Pacific Capital Bancorp, the struggling parent of Santa Barbara Bank & Trust, will leave the company at the end of the month. Clough’s retirement will become effective a few weeks after the departure of Chief Financial Officer Stephen Masterson, who announced in December that he will Read More →

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Heritage Oaks signs accord with Fed

By   /  Monday, March 8th, 2010  /  Latest news  /  Comments Off on Heritage Oaks signs accord with Fed

Federal banking regulators have halted dividends at Paso Robles-based Heritage Oaks Bank and given the company two months to submit a plan to keep up its capital levels. The order was expected. In November, Heritage Oaks filed documents with the Securities and Exchange Commission to raise capital and warned it might be subject to orders Read More →

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Chu pushes for nuclear power, carbon caps

By   /  Friday, March 5th, 2010  /  Latest news  /  Comments Off on Chu pushes for nuclear power, carbon caps

Speaking in Goleta, U.S. Secretary of Energy Steven Chu on March 5 defended the Obama administration’s decision to oppose a long-term nuclear waste storage site in Nevada and urged lawmakers to avoid protectionism in funding renewable energy. A day after the Obama administration roiled the nuclear power industry by seeking to terminate a plan to Read More →

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