Deckers announces positive earnings, CEO succession plans
Goleta-based Deckers saw shares jump up 14% on Feb. 2, one day after the company delivered record results during its third-quarter earnings release as well as the news that longtime President and CEO Dave Powers will be retiring on Aug. 1. According to a press release, Powers will still be serving on Deckers’ board of Read More →
Vital signs: Majority of student borrowers have not resumed payments
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Portfolio watch
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AppFolio shares hit all-time high
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CoastHills gains federal designation to expand its impact
Santa Maria-based CoastHills Credit Union and its board of directors have successfully agreed to convert the financial institution from a state-chartered Credit Union to a federally chartered Credit Union, a move that will help them serve even more people and one day lead to expansion. Announced Jan. 24, the credit union’s former state charter designation Read More →
Guest commentary: How small-time investors can get into real estate, even if they can’t afford a home
By Sam Shvartsmann There’s no doubt that Southern California — and the nation more broadly — is facing a housing affordability crisis. Real estate prices and mortgage rates have soared since the start of the pandemic. Despite a recent dip in mortgage rates and housing prices, buying a home remains out of reach for many. Read More →
Guest commentary: Affordable housing is a foundation for strong communities
By Jeff Eckles In the heart of our community lies a crucial concern that directly impacts the well-being of all our citizens — affordable housing. As the CEO of the SLO County Housing Trust Fund, a non-profit affordable housing revolving loan fund, I want to share the significance of this challenge and advocate for its Read More →