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 →
CLU names new management school dean
California Lutheran University said Feb. 28 that Gerhard Apfelthaler is the new dean of its School of Management, effective June 1. Apfelthaler joined the Thousand Oaks university’s faculty in 2009 and is currently the associate dean for the management school’s graduate program. He is also a professor of international business and management. In his new Read More →
Amgen loses case before U.S. Supreme Court
Thousand Oaks-based Amgen has lost a case before the U.S. Supreme Court that would have made it much more difficult for shareholders of public companies to band together and sue firms when their leaders make false or misleading statements. In Amgen v. Connecticut Retirement Plans and Trust Funds, the biotech giant sought to tighten the Read More →
Bacara Resort sold to Pacific Hospitality Group
Pacific Hospitality Group on Monday morning confirmed its purchase of the 78-acre Bacara Resort & Spa in Goleta. The Business Times first reported the pending sale of the 360-room resort last week. Pacific Hospitality, based in Irvine, already owns numerous high-end coastal properties. It purchased Bacara from Ohana Real Estate Investors and Rockpoint Group for Read More →
Xirrus raises $10.1M
Thousand Oaks-based wireless firm Xirrus has raised $10.1 million in venture capital, bringing its total operational funding to an estimated $90 million. The latest funding round was disclosed in securities filings and follows a $23.7 million round in September 2012 that was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and Read More →
From ice skater to spa legend : Oaks at Ojai’s Sheila Cluff tells her story
On first blush, Sheila Cluff comes across as the quintessential California girl. She’s blond and athletic, smart and funny. But her recently published memoir, “Living Your Dream,” reveals the Sheila Cluff behind the persona of a successful entrepreneur in the fitness business and owner and developer of The Oaks at Ojai. We learn that as Read More →
