November 27, 2024

		


| Thursday, May 17th, 2012

Yardi adds 200 employees with purchase of billing company

Latest news

Yardi Systems said May 17 that it purchased  Ista North America’s Multifamily Services Group, a business that provides utility billing services for owners and managers of apartment complexes. The deal brings 200 employees into Yardi’s fold. Goleta-based Yardi  makes property management software for apartment complexes. With about 350 employees, it’s one of the largest private Read More →

| Tuesday, May 15th, 2012

Allegiant Air debuts flight from Santa Maria to Honolulu

Latest news

Allegiant Air is introducing a direct flight from Santa Maria to Hawaii, the airline announced May 15. Weekly nonstop flights from Santa Maria Public Airport to Honolulu International Airport will start in November. Fares for the new route start at $199 each way, the airline said in a news release. News of the route comes Read More →

| Monday, May 14th, 2012

Shareholder threatens to oust board after First California rejects offer

Banking & Finance, Banking Industry, Top Stories

An aggressive major shareholder in First California Financial Group has threatened to move to oust the company’s board after the bank rejected a buyout offer from PacWest Bancorp. New York-based Basswood Capital Management, which said in a regulatory filing that it owns 5.2 percent of the common stock of First California, issued the sternly worded Read More →

| Monday, May 14th, 2012

Ergomotion pens year’s largest lease in Santa Barbara

Latest news, Real Estate

Ergomotion, a company that makes adjustable bed bases, has signed the largest commercial lease in Santa Barbara so far this year. Year-to-date, the 9,656-square-foot lease at 203 Chapala St. is the largest in Santa Barbara in terms of square footage, according to Hayes Commercial Group. The commercial real estate firm brokered both sides of the Read More →

| Friday, May 11th, 2012

NiMin reports $1.5M loss

Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies

NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →

| Friday, May 11th, 2012

Making change: Penny Revolution’s offbeat economic stimulus plan

Features, Small Business

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

| Wednesday, May 9th, 2012

First California rejects PacWest takeover bid

Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies

Westlake Village-based First California Financial Group has spurned an unsolicited takeover offer from Los Angeles-based PacWest Bancorp. First California, a $2 billion bank whose profits dropped drastically in the first quarter, is under pressure from three major shareholders to sell itself and has hired an investment banking firm to help evaluate its options. The company Read More →