Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific
By Staff Report / Monday, June 15th, 2015 / Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific
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’s Community West Bancshares settles with Residential Funding Company
By Staff Report / Friday, June 12th, 2015 / Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies / Comments Off on Goleta’s Community West Bancshares settles with Residential Funding Company
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 →

Eberle regains control of Paso Robles winery after difficult 16 months
By Tom Bronzini / Friday, June 12th, 2015 / Central Coast, Latest news, Small Business, Top Stories, Wine & Viticulture / Comments Off on Eberle regains control of Paso Robles winery after difficult 16 months

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Jail time unlikely for Plains executives
By Marissa Wenzke / Friday, June 12th, 2015 / Energy, Latest news, South Coast, Technology, Top Stories, Tourism, Tri-County Economy / Comments Off on Jail time unlikely for Plains executives

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Central Coast economy depends on politicians, Plains making it right
By Henry Dubroff / Friday, June 12th, 2015 / Central Coast, Editorials, Energy, Latest news, Opinion, South Coast, Tourism / Comments Off on Central Coast economy depends on politicians, Plains making it right

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 →
Mindbody, Appfolio IPOs might be start of South Coast tech boom
By Henry Dubroff / Friday, June 12th, 2015 / Banking & Finance, Central Coast, Columns, Latest news, Opinion, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Mindbody, Appfolio IPOs might be start of South Coast tech boom
You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the Read More →

Santa Barbara’s A Different Point of View serves underprivileged
By Marissa Wenzke / Friday, June 12th, 2015 / Latest news, Small Business, South Coast, Top Stories / Comments Off on Santa Barbara’s A Different Point of View serves underprivileged

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