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By Staff Report / Monday, April 22nd, 2013 / Banking & Finance, Technology, Tri-County Public Companies / Comments Off on Power-One to be acquired by Swiss firm for $1B
Camarillo-based Power-One, a maker of inverters for solar power systems, is set to be acquired by Swiss industrial group ABB for $6.35 per share in a deal valued at about $1 billion. The deal bookends Power-One’s mid-2000s turnaround strategy. After struggling as a maker of computer power supplies, in 2006 Power-One bought an Italian inverter Read More →
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By Dana Olsen / Friday, April 19th, 2013 / Banking & Finance, Real Estate, Tri-County Public Companies / Comments Off on Limoneira sells off Santa Maria parcel to free up cash
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By Staff Report / Thursday, April 11th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies / Comments Off on Prosecutors allege Deckers, Pacific Capital victims of KPMG auditor’s leaks
Deckers Outdoor Corp. and the former Pacific Capital Bancorp, two of the biggest names in tri-county business, were the targets of a KPMG auditor who leaked their financial information to a golf partner and now faces federal criminal insider trading charges, according to prosecutors. Scott London, a former partner in charge of the accounting firm’s Read More →
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By Stephen Nellis / Friday, April 5th, 2013 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen shares top $100 as fears fade over biosimilars
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By Marlize van Romburgh / Friday, April 5th, 2013 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Deckers makes run for athletes with Hoka
Deckers Outdoor Corp., the parent company of the billion-dollar-a-year Ugg brand, has quietly acquired a small running shoe firm best known among elite ultra-marathon racers. Goleta-based Deckers took a stake in Hoka One One in July 2012 and completed a buyout of the firm in September 2012. The brand, acquired for an undisclosed amount, adds Read More →
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By Staff Report / Tuesday, March 26th, 2013 / Agribusiness, Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Limoneira predicts bumper lemon and avocado crop
Santa Paula-based Limoneira Co. told shareholders on March 26 that it expects a 25 percent jump in lemon sales and a record avocado crop in 2013. CEO Harold Edwards said avocados could hit 18 million pounds this year — up 50 percent from 2012. But because of strong production and higher volumes, avocado prices will Read More →
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