Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Banking & Finance  -  Page 220

Montecito Bank & Trust
Latest

Move sues after Realtor.com chief leaves for rival Zillow

By   /  Tuesday, March 18th, 2014  /  Banking & Finance, Law, Real Estate, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Move sues after Realtor.com chief leaves for rival Zillow

Move Inc., operator of Realtor.com, has sued a former employee and much-larger competitor Zillow, alleging theft of trade secrets.

Read More →
Latest

Bain Capital debt strikes sour note at Guitar Center

By   /  Friday, March 14th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Bain Capital debt strikes sour note at Guitar Center

With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.

Read More →
Latest

Ceres to plow $23M raise into sorghum tests

By   /  Friday, March 14th, 2014  /  Agribusiness, Banking & Finance, Tourism, Tri-County Public Companies  /  Comments Off on Ceres to plow $23M raise into sorghum tests

Thousand Oaks-based energy crop firm Ceres has raised $23 million that it hopes will help it to break even as it continues testing its seeds in Brazil.

Read More →
Latest

QAD profits slip despite record revenue

By   /  Thursday, March 13th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD profits slip despite record revenue

Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.

Read More →
Latest

Heritage Oaks names new CFO

By   /  Wednesday, March 12th, 2014  /  Banking & Finance, Banking Industry, Tri-County Public Companies  /  Comments Off on Heritage Oaks names new CFO

Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.

Read More →
Latest

Clean Diesel shares soar on Acura contract

By   /  Tuesday, March 11th, 2014  /  Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Clean Diesel shares soar on Acura contract

Clean Diesel said it has begun production of a new series of catalytic-emissions reduction products for the 2015 version of Honda’s gasoline-powered Acura TLX models. The announcement sent the Ventura-based firm’s shares soaring 74 percent higher in trading on March 11.

Read More →
Latest

Deckers’ global push takes toll on stock price

By   /  Friday, March 7th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers’ global push takes toll on stock price

Deckers Outdoor Corp. has opened retail stores for its footwear brands at its new campus headquarters in Goleta. The Ugg boot parent's stock spiraled on Feb. 28, after the company predicted a first-quarter loss stemming from costs to build out company-owned Ugg stores around the world. (courtesy photo)

Deckers warned investors to expect a loss of 16 cents per share — compared to the 10-cent-per-share profit expected by Wall Street analysts — in the first quarter despite projected revenue growth. The company said that the reason was its aggressive build-out of its own branded retail stores around the world.

Read More →