Earnings roundup: Profits return for most area banks
Banks based in the Tri-Counties reported mostly healthier third-quarter earnings, led by the largest lender in the region, which now has a full year of profits under its belt after a recapilization deal and ownership change last year. Here’s a closer look at how tri-county banks performed in the third quarter: Pacific Capital Bancorp [wikichart Read More →
Ventura County CEO outlines savings
Ventura County Chief Executive Officer Michael Powers told a community audience at CSU Channel Islands on Friday that the county has saved about $8 million over three years by applying business and economic principles in support of critical public services. Those savings have enabled the county to direct needed resources to the Sheriff’s Department, District Read More →
Deckers profits jump 48% on Ugg sales
Deckers Outdoor Corp. said profits jumped 48 percent in the third quarter after getting a big leg-up from Ugg brand sales. The Goleta-based shoe company increased its full-year outlook after the better-than-expected third quarter. Deckers company earned $62.3 million, or $1.59 per share as sales jumped 49.1 percent to $414.4 million in the third-quarter. Ugg Read More →
Op/ed: Flat rate would treat all taxpayers equally
The current income tax code punishes our economy, rewards special interests and makes the U.S. less competitive globally.
Area politics filets eatery’s big dreams
One of the most annoying things about local governments in the Tri-Counties is the widespread phenomenon I call “drive-thru phobia.”
