Pacific Capital reports Q2 net loss
UncategorizedSanta Barbara-based Pacific Capital Bancorp announced July 23 financial results for the second quarter ended June 30, showing a net of $5.9 million, or 13 cents per diluted share, compared to net income of $33.2 million, or 70 cents per diluted share, in the same period last year. The results include a provision for loan Read More →
Resting easy – Home service takes the worry out of being away
Small BusinessJulie Steele and Shannon Trotta couldn’t have picked a better spot to start their company, Nest Assured. Taking advantage of the largely affluent population on the South Coast, the business caters to clients who have second homes in the region or are frequent travelers. Called a home concierge service, Nest Assured manages private homes while Read More →
Sportwall jumps to success
UncategorizedCathi Lamberti boasts about her company’s gym more than the average chief executive. “This is the fitness center of the future,” Lamberti said, walking into the showroom and testing center of Carpinteria-based Sportwall International, the exercise-game company she founded and heads. “It’s like a combination of a group training room and an arcade.” Sportwall designs Read More →
Deckers striding into a $500M year
UncategorizedAlthough Goleta-based Deckers Outdoors isn’t the first footwear maker to use recycled materials and even hemp in its products, few others are poised to make more than $500 million in sales this year. Perhaps best known for it sheepskin-lined Ugg boots and Teva sandals, Deckers plans to increase overseas sales in the coming months while Read More →
La Opinion publisher to speak
UncategorizedMonica C. Lozano, publisher and chief executive officer of La Opinion, the nation’s largest Spanish-language newspaper, will keynote the sixth annual Spirit of Small Business Awards luncheon on Aug. 14 at Fess Parker’s DoubleTree Resort in Santa Barbara. Lozano’s address will highlight a program that includes awards to eight companies in Ventura and Santa Barbara Read More →
Strawberry fungus hits Ventura County
UncategorizedA deadly fungus has invaded a strawberry field in Ventura County, raising concern among agricultural leaders as fumigation restrictions continue to tighten. The fungus has only appeared on one Montalvo ranch so far, officials said. But the condition it causes, called crown rot or charcoal rot, is lethal to strawberries. The strawberry industry is valued Read More →
Double lawsuits against Klein Estate prompt attorney reaction
UncategorizedMichael Klein’s ex-wife has filed a wrongful death lawsuit on behalf of their daughter against his estate and other parties. Until his death Klein ran Pacificor, the Santa Barbara-based hedge fund. Michael Klein’s daughter, Talia Klein, 13, died with him when a small plane carrying them crashed into a mountainside in Panama on Dec. 23, Read More →
