Investment firm asks Deckers Brands to explore sale
An investment firm that owns a 3.3 percent stake in Deckers Brands wants the Goleta-based shoe company to explore options for seeking a sale or merger. In a letter dated March 27, Santa Monica-based Red Mountain Capital Partners said it was concerned about the “persistent underperformance” of Deckers’ stock. Red Mountain managing partners Willem Mesdag Read More →
Clean Diesel Technologies reports $23.5 million net loss
Clean Diesel Technologies reported a $23.5 million net loss March 31, equal to $3.84 per share, for its fiscal year 2016, on revenues of $36.8 million, down 7 percent from $39.7 million in 2015. Fourth quarter revenues for the Oxnard maker of vehicle products fell from $9.7 million in 2015 to $8.6 million in 2016, Read More →
Central Coast offshore wind projects catch a breeze
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Pacific Premier, Heritage Oaks shareholders approve merger
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Rains allow Santa Barbara to reopen hydroelectric plant
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Tri-county nonprofits weigh impact of budget, tax cuts
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Dubroff: East Ventura County should focus on creating a biotech cluster
When the Business Times broke the story that Amgen was cutting roughly 500 support and operations jobs at its sprawling Thousand Oaks campus, there were gasps — and sighs of relief. Gasps because the world’s largest biotechnology company is the economic engine for the Conejo Valley, East Ventura County and, for that matter, a big Read More →
