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Eichholz Foundation gives $5.5M to museum

By   /  Friday, March 9th, 2012  /  Latest news  /  Comments Off on Eichholz Foundation gives $5.5M to museum

The Eichholz Foundation has recently granted $5.5 million to the Santa Barbara Museum of Art to fund the museum’s director position. Mercedes Eichholz formed the foundation on behalf of herself and her late husband Robert to support the arts. In a news release, Eichholz said the foundation decided to fund the director position to add Read More →

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Fashion designer Heidi Merrick to keynote Top Women

By   /  Friday, March 9th, 2012  /  Latest news, Women Inc.  /  Comments Off on Fashion designer Heidi Merrick to keynote Top Women

Fashion designer Heidi Merrick will keynote the Pacific Coast Business Times’ awards event for its annual Top Women in Business special section. The event, held April 12 in Santa Barbara, will feature Merrick, a native of Carpinteria and daughter of famed surfboard shaper Al Merrick. Merrick launched her line of clothing in 2007, and the Read More →

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Salem earnings soar 195%

By   /  Thursday, March 8th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem earnings soar 195%

[wikichart align=”right” ticker=”NASDAQ:SALM” showannotations=”true” livequote=”true” startdate=”08-09-2011″ enddate=”08-03-2012″ width=”300″ height=”245″] Camarillo-based Salem Communications, a conservative and Christian radio broadcaster, increased profits 195 percent to $5.6 million in 2011, the company said March 8. Salem owns or operates 95 radio stations in the U.S., more than half of which are in the nation’s top 25 radio markets. Read More →

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QAD profits skyrocket

By   /  Thursday, March 8th, 2012  /  Latest news  /  Comments Off on QAD profits skyrocket

Two years after making deep staff cuts to combat the global manufacturing collapse, Santa Barbara-based QAD profits rebounded 300 percent to $10.7 million in fiscal 2012, the company said March 8. QAD makes software that manufacturing firms use to track materials, labor and other costs. The company counts Hewlett-Packard and other Fortune 500 firms as Read More →

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Marian offers sneak peek of new hospital

By   /  Wednesday, March 7th, 2012  /  Central Coast, Latest news, Real Estate  /  Comments Off on Marian offers sneak peek of new hospital

Santa Maria’s Marian Regional Medical Center opened the doors of its brand-new facility for a public viewing and dedication on March 7, a month before the building is set to start taking patients. The grand opening comes 15 years after hospital officials began planning to rebuild Marian, a nonprofit hospital founded in 1940 by the Read More →

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Semtech breaks profit record, buys French wireless firm

By   /  Wednesday, March 7th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Semtech breaks profit record, buys French wireless firm

Chipmaker Semtech beat analysts expectations by two cents a share and set a profit record while continuing its streak of acquisitions on March 7. Semtech broke its year-end records with profits up 23 percent to $89 million on net sales of $480 million, a 5 percent increase that was also a new high for the Read More →

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Calavo Q1 earnings up 16%

By   /  Monday, March 5th, 2012  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Q1 earnings up 16%

Avocado marketer Calavo Growers reported March 5 that first-quarter profits were up 16 percent to $2.7 million as revenues climbed almost a third to $117.4 million. The Santa Paula-based company said the first-quarter results set the stage for a potentially record-breaking year for the firm, which last year made a major acquisition of Renaissance Food Read More →

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