Just a few months after it shut a Santa Barbara facility, Botox-maker Allergan has re-entered the Tri-Counties, agreeing to buy Kythera Biopharmaceuticals Inc. for about $2.1 billion. The deal will add the Westlake Village-based Kythera’s treatments for double chins and male pattern baldness to Allergan’s existing line of products, including a breast implant operation formerly Read More →
By Staff Report / Monday, June 15th, 2015 / Latest news, Top Stories / Comments Off on Saks Fifth Avenue OFF 5TH to open in Saks Fifth Avenue Santa Barbara
Hudson’s Bay Company plans to renovate and convert its Saks Fifth Avenue store in Santa Barbara to the Saks Fifth Avenue OFF 5TH format within the same location. The conversion is expected be completed by October after existing merchandise is sent to nearby Saks Fifth Avenue stores. “This is a strategic decision to optimize the Read More →
Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →
Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →
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When it comes to oil and politics, the conventional wisdom has been that Central Coast politicians can’t overplay their hands in expressing outrage over environmental issues. That conventional wisdom is about to get a major test. Already a parade of elected officials has toured the damage wrought by the May 19 oil spill that made Read More →
