Ventura County launches eco-devo ad blitz
Latest news, Tri-County EconomyA coalition of economic development groups in Ventura County launched a federally funded campaign on Nov. 15 to sell the county as the ideal spot to build a business. The initiative is headed by the Workforce Investment Board of Ventura County, with participation from the Economic Development Collaborative-Ventura County, chambers of commerce in the county Read More →
Inphi shares climb on first day
Latest news, Tri-County Public CompaniesShares of Inphi Corp., the Santa Clara-based chipmaker with big operations in Westlake Village, shot up nearly 28 percent to close at $15.30 after they hit the market Nov. 11. Shares of the initial public offering made their debut on the New York Stock Exchange under the symbol IPHI. The 6.8 million shares hit the Read More →
Heritage Oaks reports $11.3M loss
Banking Industry, Earnings, Latest news, Tri-County Public CompaniesPaso Robles-based Heritage Oaks Bancorp reported a third-quarter loss applicable to common shareholders of $11.3 million on Nov. 9, compared to a $5.6 million loss in the same quarter last year. The banking firm, the third largest based in the Tri-Counties, blamed the wider loss on a $10.5 million non-cash charge related to the valuation Read More →
First California acquires failed Woodland Hills bank
Latest news[Editor’s note: This story has been corrected. Scroll down to the bottom for the update.] Westlake Village-based First California Financial Group acquired the assets of Western Commercial Bank on Nov. 5 after federal regulators shut down the Woodland Hills-based institution. First California will pay the Federal Deposit Insurance Corp. a half percent premium to assume Read More →
Roof collapses at UCSB
Latest newsUC Santa Barbara closed its Bren School of Environmental Science & Management after a 4,000-pound section of ceiling collapsed in the building’s lobby on Oct. 30. No one was injured, and the building was evacuated safely, according to a UCSB news release. Classes in the building were cancelled for two days. University officials re-opened the Read More →
