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Bank earnings rebound signals better times

By   /  Friday, April 29th, 2011  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Bank earnings rebound signals better times

Santa Barbara Bank & Trust and its smaller banking peers in the region are reporting improved earnings.

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Teledyne regroups in face of defense cuts

By   /  Friday, January 7th, 2011  /  Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Teledyne regroups in face of defense cuts

Thousand Oaks-based Teledyne Technologies, a $1.6 billion military-industrial conglomerate, is rearranging itself to bolster its commercial camera sensor lines and shift toward the defense spending that’s farthest from the chopping block.

Latest

Pacific Capital hires Cal Fed veterans

By   /  Tuesday, December 28th, 2010  /  Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Pacific Capital hires Cal Fed veterans

Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.

Latest

Teledyne sells small-aircraft engine division for $186M

By   /  Tuesday, December 14th, 2010  /  Tri-County Public Companies  /  Comments Off on Teledyne sells small-aircraft engine division for $186M

Teledyne is selling its small-aircraft engine business for $186 million to a Chinese company.

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Semtech to pay $20M to settle options suit

By   /  Wednesday, December 8th, 2010  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech to pay $20M to settle options suit

Semtech Corp. said Dec. 8 that it will pay $20 million in cash to settle a class action securities lawsuit.

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Pacific Capital wraps up $76.4M rights offering

By   /  Monday, November 29th, 2010  /  Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital wraps up $76.4M rights offering

Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.

Latest

Booting up profits: Ugg puts big spring into Deckers

By   /  Monday, November 29th, 2010  /  Tri-County Public Companies  /  Comments Off on Booting up profits: Ugg puts big spring into Deckers

Deckers Outdoor Corp.’s profits jumped 24.4 percent to $42 million in its most recent quarter on strong sales of its signature Ugg brand of boots and Teva sandals.