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MB&T starts 37th year on high note

By   /  Wednesday, March 14th, 2012  /  Banking & Finance, Banking Industry, Latest news, Nonprofits  /  Comments Off on MB&T starts 37th year on high note

Ten nonprofits from across th region received grants on March 14 as Montecito Bank & Trust prepared to celebrate its 37th anniversary and it 20th year of adding a philanthropic twist to the festivities. The bank’s employees selected the 10 organizations, which included All for Animals, Alzheimer’s Association, American Heart Association, Council on Alcoholism and Read More →

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Goleta Valley Cottage Hospital kicks off fundraiser

By   /  Monday, March 12th, 2012  /  Latest news  /  Comments Off on Goleta Valley Cottage Hospital kicks off fundraiser

The Board of Trustees for the Goleta Valley Cottage Hospital Foundation kicked off a community fundraising campaign on March 12 with the announcement of a gift from the Wood-Claeyssens Foundation. The goal of the campaign, which kicked off with a reception for more than 200 community members at Bacara Resort & Spa, is to raise Read More →

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Limoneira Q1 revenue up 73 percent

By   /  Monday, March 12th, 2012  /  Earnings, Latest news  /  Comments Off on Limoneira Q1 revenue up 73 percent

Despite a 73 percent jump in revenue, Santa Paula-based agribusiness Limoneira Company posted a $2.9 million loss during the first quarter of the year, it said March 12. For the quarter ended Jan. 31, revenue was $10.2 million, up from $5.9 million during the same period of the previous year, according to a news release. Read More →

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Eichholz Foundation gives $5.5M to museum

By   /  Friday, March 9th, 2012  /  Latest news  /  Comments Off on Eichholz Foundation gives $5.5M to museum

The Eichholz Foundation has recently granted $5.5 million to the Santa Barbara Museum of Art to fund the museum’s director position. Mercedes Eichholz formed the foundation on behalf of herself and her late husband Robert to support the arts. In a news release, Eichholz said the foundation decided to fund the director position to add Read More →

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Fashion designer Heidi Merrick to keynote Top Women

By   /  Friday, March 9th, 2012  /  Latest news, Women Inc.  /  Comments Off on Fashion designer Heidi Merrick to keynote Top Women

Fashion designer Heidi Merrick will keynote the Pacific Coast Business Times’ awards event for its annual Top Women in Business special section. The event, held April 12 in Santa Barbara, will feature Merrick, a native of Carpinteria and daughter of famed surfboard shaper Al Merrick. Merrick launched her line of clothing in 2007, and the Read More →

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Salem earnings soar 195%

By   /  Thursday, March 8th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem earnings soar 195%

[wikichart align=”right” ticker=”NASDAQ:SALM” showannotations=”true” livequote=”true” startdate=”08-09-2011″ enddate=”08-03-2012″ width=”300″ height=”245″] Camarillo-based Salem Communications, a conservative and Christian radio broadcaster, increased profits 195 percent to $5.6 million in 2011, the company said March 8. Salem owns or operates 95 radio stations in the U.S., more than half of which are in the nation’s top 25 radio markets. Read More →

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QAD profits skyrocket

By   /  Thursday, March 8th, 2012  /  Latest news  /  Comments Off on QAD profits skyrocket

Two years after making deep staff cuts to combat the global manufacturing collapse, Santa Barbara-based QAD profits rebounded 300 percent to $10.7 million in fiscal 2012, the company said March 8. QAD makes software that manufacturing firms use to track materials, labor and other costs. The company counts Hewlett-Packard and other Fortune 500 firms as Read More →