Ambitious Evergreen Village project takes root in Santa Maria
ColumnsEvergreen Village is the latest addition to Santa Maria’s portfolio of ambitious projects. The 52,421-square-foot center, which will be located along Highway 135 between Santa Maria and Orcutt, will replace the 50-year-old Evergreen Center with five new office and retail buildings. The development broke ground on its first phase in November and is well under Read More →
From the editor: SEC finally cracks down
OpinionThe U.S. Securities and Exchange Commission’s April 16 complaint against Goldman Sachs for failing to disclose the near-certainty of failure in the synthetic debt products it sold under the Abacus brand is an important first step in restoring a fair and equitable balance of power in the financial system. Allowing a select club of investment Read More →
Hotel could change hands
UncategorizedThe 135-room Country Inn & Suites in Port Hueneme might change hands soon as its owners face foreclosure on $53.2 million in debt. The loan dispute is between two obscure partnerships that ultimately lead to the Royal Bank of Scotland and Credit Suisse, two of the largest investment banks in the world. It also represents Read More →
Tri-county tech stocks make market moves
UncategorizedVentura County tech companies inked big sales, swung back to profits and traded at heavy volumes in early April. Oxnard-based CalAmp Corp., a communications gear firm, signed contracts for $15.2 million in new wireless networks sales, sending shares up. After paring itself down to basics and tightening its manufacturing to deal with heavy losses, Camarillo-based Read More →
When the going gets tough
Women Inc.When the going gets tough, the tough get going. Kelly Magne knows that as she watches the clock and sips on a soda. Every day at four o’clock, the president and chief executive officer of Jensen Audio Visual clears her late afternoon schedule for her most important appointment: visiting her husband. Since January, Magne has Read More →