ValueClick profits jump 33%, firm to sell sites
Banking & Finance, Earnings, Technology, Tri-County Public CompaniesOnline advertising firm ValueClick’s third-quarter profits jumped 33 percent to $22.1 million and the firm announced plans to sell off company-owned websites such as Investopedia.com and CouponMountain.com.
“We delivered strong profitability and cash flow in the third quarter, driven by a continued mix shift into our higher-value-added offerings,” ValueClick CEO and President John Giuliani said in a news release. “Solid year-over-year growth in our CRM, affiliate marketing, mobile, video and cross-device solutions was offset by weakness in our insertion order display business within the media segment.”
2014 Amgen Tour set to cycle through four of region’s cities
Central Coast, East Ventura County, South Coast, Tourism, Tri-County EconomyThe 2014 Amgen Tour of California, the largest cycling race in the U.S., will visit four cities in the Tri-Counties in May. The eight-day annual event will roll through Cambria, Pismo Beach and Santa Barbara before concluding at the finish line in Thousand Oaks.
Startup Weekend returns to Santa Barbara
Latest news, TechnologyStartup Weekend is gearing up for its return to Santa Barbara on Nov. 15-17. The event is a three-day creative sprint that brings together technical experts, designers and business minds to create a company idea over a weekend. The idea took off with support from the Kauffman Foundation, Microsoft and Google, with local groups organizing Read More →
Murdock completes buyout of Dole Food Co.
Banking & Finance, East Ventura County, Latest news, Tri-County Public CompaniesDole Food Co. CEO and Chairman David Murdock has completed a buyout of the company, a deal that takes the Westlake Village-based produce giant private and values it at $1.6 billion.
The merger was approved by shareholders on Oct. 31, the company said. Dole shares will cease trading on the New York Stock Exchange at the close of business on Nov. 1.
Santa Barbara flights restarted after LAX shooting
South CoastUPDATE: Santa Barbara Airport officials said United Airlines flights connecting through Los Angeles International Airport were no longer grounded as of 2 p.m. on Nov. 1. However, they still asked passengers to contact their airlines for questions about disruptions. Earlier Story: All United Airlines flights between the Santa Barbara Airport and Los Angeles International Airport Read More →
