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Deckers CEO: Company culture is what counts

By   /  Thursday, February 2nd, 2012  /  Latest news, Tri-County Public Companies  /  1 Comment

In a globalized world, vision and culture are the keys to creating and marketing successful new products. That’s the message Deckers Outdoor Corp. CEO Angel Martinez brought to about 250 Central Coast business leaders at the Feb. 2 Corporate Leaders Breakfast at California Lutheran University. “Our mission is to find niche brands and turn them Read More →

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Level to break ground on new HQ

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology, Tri-County Economy  /  Comments Off on Level to break ground on new HQ

Level Studios, a San Luis Obispo-based digital marketing and branding firm, said it plans to break ground Feb. 3 on a new 46,000-square-foot, two-story building on the Central Coast that will house up to 300 employees in the next two years. The new facility will be built in the East Airport Commerce Park in San Read More →

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Inphi taps new CEO after profits fall 93%

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi taps new CEO after profits fall 93%

Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →

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InTouch scores $6M investment

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology  /  Comments Off on InTouch scores $6M investment

Goleta-based InTouch Health, a telemedicine robot maker, has received an investment of $6 million from iRobot. InTouch’s telemedicine robots allow doctors to examine patients and prescribe drugs remotely. The company, which has signaled that it intends to go public, received its last round of funding in a $10 million private placement in 2010. In July, Read More →

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New owners field offers for Bacara

By   /  Monday, January 30th, 2012  /  Latest news  /  2 Comments

Six months after Ohana Real Estate Investors bought Bacara Resort & Spa for an estimated $104 million, industry sources say the luxury hotel is back on the market. According to several Santa Barbara hotel operators, a major international hotel chain recently approached Ohana with an unsolicited inquiry to purchase the 360-room Goleta resort. The offer Read More →

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PCBC reports $70.5M in 2011 profits

By   /  Monday, January 30th, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PCBC reports $70.5M in 2011 profits

[wikichart align=”center” ticker=”PCBC” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] Pacific Capital Bancorp, the largest bank based in the region, earned $70.5 million in 2011, its first full calendar year under the ownership of a Texas-based private equity group. The parent company of Santa Barbara Bank & Trust saw its fourth-quarter profits drop 39.8 percent to Read More →

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Kavli Institute receives $2.5M grant

By   /  Monday, January 30th, 2012  /  Latest news  /  Comments Off on Kavli Institute receives $2.5M grant

The Simons Foundation granted $2.5 million to UC Santa Barbara’s Kavli Institute for Theoretical Physics to support the work of visiting scientists. Hundreds of theoretical physicists visit the Kavli Institute to meet with other experts and partake in conferences every year. The Simons Distinguished Visiting Scientist program will work by providing finances to the researchers’ Read More →

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