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By Staff Report / Thursday, February 28th, 2013 / Banking & Finance, Earnings, Latest news, Tri-County Public Companies / Comments Off on Deckers earnings dropped 36% in 2012
Shares of Deckers Outdoor Corp. shot up 7.4 percent in after-hours trading as the Goleta firm predicted 2013 revenue will increase 7 percent over last year’s levels. Deckers earned $98 million in the fourth quarter, a 22.9 percent decline over a year earlier. Diluted earnings per share were $2.77 compared to $3.18 a year earlier, Read More →
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By Marlize van Romburgh / Friday, February 15th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies / Comments Off on PennyMac jobs top 600 as firm files for IPO
Moorpark-based PennyMac Financial Services has filed papers for a $287.5 million initial public offering on the New York Stock Exchange. The venture was founded in 2008 by Stanford Kurland, the former No. 2 executive at Countrywide Financial Corp., the defunct subprime mortgage lender at the heart of the financial crisis. Moorpark Community Development Director David Read More →
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By Staff Report / Tuesday, February 12th, 2013 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on CalAmp to offer 4.2M shares to fund acquisition
CalAmp said Feb. 11 that it plans to sell 4.2 million shares of common stock in an underwritten public offering that could raise about $40 million for the Oxnard-based wireless products maker. The proceeds would be used to partially fund the purchase of Wireless Matrix Corp., a $53 million all-cash deal announced in December. Canaccord 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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