Deckers steps up sales to $1.4B
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” startdate=”23-08-2011″ enddate=”23-02-2012″ width=”390″ height=”245″] Goleta-based Deckers Outdoor Corp., parent of the Ugg Australia boot brand, increased its sales 38 percent to nearly $1.4 billion in 2011 and boosted net income 25 percent $201.8 million. In an earnings release on Feb. 23, Deckers said it notched a huge boost in international Read More →
K-Swiss shares tumble on higher Q4 loss
[wikichart align=”right” ticker=”NASDAQ:KSWS” showannotations=”true” livequote=”true” startdate=”17-08-2011″ enddate=”17-02-2012″ width=”300″ height=”245″] Athletic shoe company K-Swiss stumbled into another unprofitable quarter, reporting a $25.2 million loss that came to 71 cents per share, despite higher sales. Shares of K-Swiss dropped 10.7 percent to $3.35 on Feb. 17 after the earnings announcement. In the fourth quarter of 2010, the Read More →
Ceres delays again, warns of Brazilian drought
Ceres, the Thousand Oaks-based energy crop firm, has delayed its initial public offering again. It also said Friday that its existing investors might buy as many as a fifth of the shares slated to hit the market and that a drought in Brazil could hurt it sweet sorghum yields. The pushed back its planned initial Read More →
$40M deposit: PCBC launches technology overhaul
The parent of Santa Barbara Bank & Trust is investing $40 million into a comprehensive technology overhaul.
Ceres delays its IPO, slashes price
Thousand Oaks-based energy crop maker Ceres has drastically lowered expectations for its initial public offering and delayed it for a week, according to regulatory filings and investment banking sources. The company was set to raise as much as $132 million on the Nasdaq when shares hit the markets under the name CERE on Feb. 9. Read More →
Power-One looks to Asia for growth
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