Ugg maker shears outlook after plunging Q3 profits
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” rollingdate=”1 year” width=”390″ height=”245″] Ugg boot company Deckers Outdoor Corp.’s shares plunged 14.7 percent in after-hours trading on Oct. 25 as the footwear firm’s sales slipped and it said 2012 profits are expected to be down one-third compared to last year. Deckers, currently building a new, campus-style headquarters in Goleta, Read More →
Investors cool to Deckers: Shoemaker’s shares stumble on lower Ugg prices
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These three middle-class firms are fighting their way to the top
This is turning out to be a tough time for some of the region’s biggest names in fashion, fast food and financial services.
Finding cures for the corporate class-action lawsuit epidemic
The plague of class-action lawsuits afflicting corporate America is spreading across the Tri-Counties. A stock-price drop. Bam. A merger announcement. Bam. Trying to take a company private. Bam. For journalists, the announcement of a class-action lawsuit typically comes in the form of a press release that gets wide dissemination on BusinessWire and on Yahoo Finance. Read More →
Banks lead region’s stocks at midyear
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Deckers stock slips as profits drop 59%
Unseasonably warm weather dampened first-quarter profits at Ugg boot maker Deckers Outdoor Corp and sent its share price tumbling more than 18 percent after the earnings announcement. The Goleta-based footwear company reported April 26 that quarterly profits were down 59 percent to $7.9 million, or 20 cents per share. The earnings drop came even as Read More →
Who will lead the tri-county corporate scene over the next decade?
The ranks of corporate leadership in the Tri-Counties are undergoing a bit of a shakeup.
