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QAD, shareholders could pull in $60M with public offering

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on QAD, shareholders could pull in $60M with public offering

QAD, the Santa Barbara-based software developer, today confirmed the pricing for its recently announced public stock offering. The company is offering 3 million shares of Class A common stock at $20.00 per share. One million shares included in the sale are being offered by controlling stockholders Karl Lopker and Pamela Lopker. Additionally, QAD has granted Read More →

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Limoneira Co. reports increased annual revenue, fourth-quarter loss

By   /  Monday, January 12th, 2015  /  Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Limoneira Co. reports increased annual revenue, fourth-quarter loss

Santa Paula-based Limoneira Co. reported revenue of about $7 million for fiscal year 2014, along with a $2.8 million loss for the year’s fourth quarter.

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Heritage Oaks accord strengthens BSA controls

By   /  Friday, January 9th, 2015  /  Banking & Finance, Banking Industry, Latest news, Law & Goverment, Top Stories, Tri-County Public Companies  /  Comments Off on Heritage Oaks accord strengthens BSA controls

The region’s largest community bank signed an agreement with the Federal Deposit Insurance Corp. that was made public at yearend. President and CEO Simone Lagomarsino told the Business Times the accord means the bank will “beef up” its programs and policies to prevent problems down the road.

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LTC Properties raises $24.5M through sale of shares

By   /  Friday, December 19th, 2014  /  Banking & Finance, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on LTC Properties raises $24.5M through sale of shares

According to company filings, LTC will use the proceeds of the sale to pay down outstanding debt on its unsecured credit line, fund acquisitions and current development pipeline and for general corporate purposes.

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Waste-to-energy company raises $500K, reports big loss

By   /  Friday, December 19th, 2014  /  Central Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Waste-to-energy company raises $500K, reports big loss

Greenbelt Resources Corp., which counts Diversified Ethanol Corp. as a subsidiary, reported a loss of $217,469 for the third quarter compared to an $18,144 profit a year earlier amid a steep decline in revenue.

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A small gain in revenue as Vitesse shifts product strategy

By   /  Thursday, December 4th, 2014  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on A small gain in revenue as Vitesse shifts product strategy

The Camarillo-based firm recorded revenue of $108.5 million, slightly up from $103.8 million the year before.

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Deckers’ new store concept fits move to online shopping

By   /  Friday, November 28th, 2014  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers’ new store concept fits move to online shopping

The D.C. store is the first full realization of the omni-channel concept, unveiled at the Deckers’ Goleta headquarters in March, which uses touchscreens and tablets to turn its stores into a sort of Apple store for shoes.