Investors in now defunct Banco BuenaVentura are claiming the bank’s founder and his son defied orders from federal banking regulators and siphoned off investor money to pay for beachside condominiums and charted jet rides before regulators demanded that the bank liquidate in 2009. The allegations emerged in a lawsuit against the onetime Oxnard bank filed Read More →
Dole Food Co. said Sept. 20 that it was selling its ripening and distribution businesses in Spain and Portugal, known as Dole Spain, to the Compagnie Fruitière Group. Terms of the sale, expected to close in November, were not disclosed. Westlake Village-based Dole holds a non-controlling 40 percent stake in Compagnie Fruitière. The other 60 Read More →
By Staff Report / Monday, September 19th, 2011 / Latest news / Comments Off on Cox wireless debuts
Atlanta-based Cox Communications has rolled out wireless service in Santa Barbara. Cox, which has a cable monopoly in the city, announced earlier this year that it planned to bundle in mobile phone services with its Internet, telephone and cable services for an all-in-one bundle. It is buying airtime from Sprint at wholesale prices to resell Read More →
By Marlize van Romburgh / Friday, September 16th, 2011 / Top Stories / Comments Off on Hardy acquires firm, expands distribution
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By Stephen Nellis / Friday, September 16th, 2011 / Features, Technology / Comments Off on Colorful sounds, tuneful profits: Microphone maker forges a niche
Blue Microphones is running in the black by injecting a little color into the world of professional recording microphones.
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By Staff Report / Friday, September 16th, 2011 / Op/Eds, Opinion / Comments Off on Guest op/ed: Navigate these hurdles to ride the M&A wave
By John F. Stuart, Kenneth E. Moore and Ryan J. Barncastle on September 16, 2011 The marketplace is rich with discussion concerning the future of mergers and acquisitions. With so much talk about the coming wave of acquisitions, what is preventing more deals from being announced? The answer to that question requires us to revisit Read More →