French firm plucks Dole division
Banking & Finance, Latest news, Tri-County Public CompaniesDole 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 →
Cox wireless debuts
Latest newsAtlanta-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 →
Guest op/ed: Navigate these hurdles to ride the M&A wave
Op/Eds, OpinionBy 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 →
Guest op/ed: Lack of consistency, standards holding Chinese progress down
Op/Eds, OpinionWhat really struck me on my most recent business trip to China is the lack of consistency and adherence to standards.
Venoco’s Ellwood pipeline approved
Banking & Finance, Latest news, Tri-County Public CompaniesVenoco said Sept. 12 that it has received final approval to build an 8.5-mile pipeline to transport crude oil from its South Ellwood field, off the coast of Goleta, to the shore. “After almost three years in the permitting process, we are very pleased to announce we are ready to begin construction of this pipeline, Read More →
UCSB snags $20M grant
Latest news, TechnologyUC Santa Barbara’s materials researchers have received a $20 million grant to carry on their studies until at least 2017. The money came from the National Science Foundation. UCSB houses one of the foundation’s Materials Research Science and Engineering Centers and has received support since 1992. “Competition for these flagship centers is fierce,” Craig Hawker, Read More →
Calavo Growers’ Q3 profits bruised
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesFood marketer Calavo Growers saw earnings slide 54.4 percent to $2.7 million, or 18 cents per diluted share, despite higher revenues in the third quarter, it said Sept. 7. Its profits were constrained by high fruit costs in its fresh foods segment and a smaller supply of fresh avocadoes, it said, although sales jumped 44 Read More →
