Staff Report | Friday, May 22nd, 2015
Cal Poly gets $500,000 grant for technology park planning
Latest news, Technology, Top StoriesCalifornia Polytechnic University San Luis Obispo recently received $498,286 to further plan the expansion of its technology park.
Staff Report | Tuesday, May 19th, 2015
Texas oil company linked to spill off Gaviota coast
Energy, Latest news, Top StoriesThe company that reportedly was involved in the May 19 oil spill off the Gaviota coast is a large Houston-based master limited partnership that operates nearly 18,000 miles of pipeline in the U.S. The company, Plains All American Pipeline, also operates a number of processing facilities and is organized as a so-called master limited partnership Read More →
Staff Report | Tuesday, May 19th, 2015
AppFolio files for $100M IPO
Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public CompaniesGoleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of Read More →
Staff Report | Thursday, May 7th, 2015
ERG Resources files bankruptcy, business for sale
Banking & Finance, Latest news, Real Estate, South Coast, Top StoriesERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →
Staff Report | Friday, May 1st, 2015
CalAmp bumps up offering to $150M
Latest news, Top StoriesTaking advantage of record low interest rates, CalAmp, based in Oxnard, has priced an offering of $150 million in convertible notes due in 2020. The company, which posted record revenues of $250.6 million on strong demand for its wireless products and services, said it increased the offer from $125 million announced initially; the interest rate Read More →
Staff Report | Friday, May 1st, 2015
Announcing Melissa Stafford Jones as keynote speaker for the 2015 Champions in Health Care.
Latest news, Top StoriesMelissa Stafford Jones, regional director of the U.S. Department of Health and Human Services Region IX, will keynote the Pacific Coast Business Times’ 2015 Champions in Health Care Summit. Prior to her appointment as Regional Director in 2014, Stafford Jones was President & CEO of the Read More →
Staff Report | Monday, April 27th, 2015
Inogen earnings top Wall Street expectations again
Latest news, South Coast, Technology, Top Stories, Tri-County Public CompaniesInogen, the Goleta-based maker of direct-to-consumer respiratory products, on April 27 reported fourth-quarter profit of $1.5 million. The company said it had net income of 7 cents per share. Earnings, adjusted for pretax gains, were 6 cents per share. Inogen, which produces oxygen concentrators for patients suffering from chronic respiratory conditions, posted revenue of $29.1 Read More →