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By Staff Report / Thursday, July 24th, 2014 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Deckers shares jump as firm raises full-year outlook on higher Q1 sales
Shares of Deckers Outdoor Corp. hopped 5.6 percent in after-hours trading on July 24 as the footwear firm reported better-than-expected sales and raised its outlook for the full year. The firm’s loss widened to $37.1 million, or $1.07 per share, compared to a loss of $29.3 million in the same period a year earlier. Read More →
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By Staff Report / Monday, July 21st, 2014 / Banking & Finance, Banking Industry, South Coast, Tri-County Economy / Comments Off on Community West Bank COO dies
Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and Read More →
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By Staff Report / Friday, July 18th, 2014 / Agribusiness, Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Santa Clara Valley Bank to be sold in $15.3M deal
Santa Paula-based Santa Clara Valley Bank is being acquired by Sierra Bancorp for $15.3 million in an all-cash deal announced July 17. The Ventura County bank operates branches in Fillmore, Santa Paula and Valencia. With assets of about $127 million, the bank is the second-smallest bank headquartered in the Tri-Counties.
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