Heritage Oaks’ Q1 profits jump as bank prepares to pay off TARP
Heritage Oaks Bancorp reported a $3.7 million first-quarter profit, up 131 percent over a year earlier, and said it is gearing up to repay $25 million in bailout funds it took at the height of the recession. The repayment comes with the announcement that two sets of banking regulators have lifted an order over the Read More →
101 One Hundred & Business Hall of Fame announced
The Business Times is pleased to announce our 2013 class of 101 One Hundred & Business Hall of Fame honorees. This annual special section published with the April 19 print edition. An evening awards reception for the honorees will be held on Tuesday, May 14 at the Four Seasons Resort The Biltmore Santa Barbara. [Buy Read More →
Power-One to be acquired by Swiss firm for $1B
Camarillo-based Power-One, a maker of inverters for solar power systems, is set to be acquired by Swiss industrial group ABB for $6.35 per share in a deal valued at about $1 billion. The deal bookends Power-One’s mid-2000s turnaround strategy. After struggling as a maker of computer power supplies, in 2006 Power-One bought an Italian inverter Read More →
Deckers looks to year-end finish line with new HQ in Goleta
Construction of Deckers Outdoor Corp.’s new 150,000-square-foot campus headquarters at the Cabrillo Business Park in Goleta is well under way.
Limoneira sells off Santa Maria parcel to free up cash
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