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By Marlize van Romburgh / Friday, February 8th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy / Comments Off on First California nixes acquisition on eve of PacWest deal
Westlake Village-based First California Financial Group has called off a deal to acquire Premier Service Bank, a small Riverside-based lender it was slated to buy last year. The dashed deal may be a sign that a contentious $231 million acquisition of First California by Los Angeles-based PacWest Bancorp is moving forward. Executives from First California Read More →
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By Stephen Nellis / Friday, February 8th, 2013 / Banking & Finance, Top Stories, Tri-County Economy / Comments Off on VCMC bond issue scores AA rating, will raise $305M
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By Stephen Nellis / Monday, February 4th, 2013 / Banking & Finance, Latest news / Comments Off on Ventura County’s $305M bond issue recieves AA rating
On the eve of a Board of Supervisors vote on the largest bond issue for a capital project in Ventura County history, the county’s financing authority received a AA rating from Fitch Ratings on Feb. 4 for $305 million in bonds that will fund a significant rebuilding of the Ventura County Medical Center. Proceeds will Read More →
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By Staff Report / Monday, February 4th, 2013 / Banking & Finance, Latest news, Real Estate, Tri-County Public Companies / Comments Off on Limoneira to raise $40M in common stock offering
Limoneira Co., the Santa Paula-based agribusiness company with 8,200 acres of real estate and farm land, has announced plans to offer an additional 1.8 million shares of common stock. If successful, the sale would raise about $40 million for Limoneira and increase its total shares outstanding to about 13.25 million. Limoneira’s traded shares, or “float,” Read More →
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By Marlize van Romburgh / Friday, February 1st, 2013 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Deckers to double retail stores in race for revenue
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By Stephen Nellis / Friday, February 1st, 2013 / Banking & Finance, Earnings, Technology, Top Stories, Tri-County Public Companies / Comments Off on Teledyne tops $2B as commercial play pays off
The cloud and the ocean have helped push Teledyne Technologies past the $2 billion mark. The Thousand Oaks-based industrial and defense conglomerate said Jan. 24 that its 2012 sales hit a record-busting $2.1 billion, up more than 9 percent from $1.9 billion a year before. Net income also set a record at $161.8 million, compared Read More →
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By Stephen Nellis / Friday, January 25th, 2013 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Korean firm pays $170M to get toehold in U.S. with K-Swiss
After 47 years, the K-Swiss brand might be taking its first steps into the sunset. Westlake Village-based K-Swiss said Jan. 17 that it has agreed to a $170 million buyout by South Korean fashion and retail conglomerate E-Land World Limited. The sale comes after K-Swiss, the maker of the iconic white footwear that was the Read More →
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