Santa Barbara CPA convicted on tax charges
Santa Barbara accountant Steve Pybrum faces up to 12 years in prison and $1 million in fines after a jury returned a guilty verdict on federal charges that he routed money from his practice through a nonprofit and underreported his income by more than $1 million. The jury deliberated less than three hours before returning Read More →
The debt busters: Bowles, Simpson to speak at UCSB
When it comes to the future of the United States, whoever wins the presidency and takes control of Congress on Nov. 6 are far less important than what those winners choose to do about the nation’s long-term fiscal trajectory when they arrive in office. The nation’s debt load has reached $16 trillion, swollen by two unfunded Read More →
Ugg maker shears outlook after plunging Q3 profits
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” rollingdate=”1 year” width=”390″ height=”245″] Ugg boot company Deckers Outdoor Corp.’s shares plunged 14.7 percent in after-hours trading on Oct. 25 as the footwear firm’s sales slipped and it said 2012 profits are expected to be down one-third compared to last year. Deckers, currently building a new, campus-style headquarters in Goleta, Read More →
Amgen’s profits jump as forecast brightens
Amgen reported higher-than-expected earnings on Oct. 23 and raised its outlook for the rest of the year. Amgen’s earnings are regionally significant because the Thousand Oaks biotech firm is Ventura County’s largest private sector employer. The company turned in adjusted third-quarter earnings of $1.67 a share, topping the Wall Street estimate of $1.47 by a Read More →
Business leaders want to deepen STEM focus in local schools
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Helix Medical buys Kentucky firm
Helix Medical, a Carpinteria-based manufacturer of medical devices, has acquired Kentucky-based MedVenture Technology Corp., it said Oct. 17. The Carpinteria company purchased MedVenture, a medical device design, development and manufacturing company that also has offices in Indiana and Minnesota, from Ampersand Capital Partners, a Massachusetts-based private equity firm. Terms were not disclosed. With 150 employees Read More →
