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RingRevenue dials up $3.25M in funding

By   /  Wednesday, November 21st, 2012  /  Banking & Finance, Latest news, Technology  /  Comments Off on RingRevenue dials up $3.25M in funding

Santa Barbara-based RingRevenue has raised $3.25 million in fresh venture capital in a round led by investors GRP Partners and Rincon Venture Partners, bringing its total funding to date to more than $10 million. The company, founded in 2007, initially built a technology platform to let digital advertisers track sales calls the way they track Read More →

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SB Neighborhood Clinics CEO to step down

By   /  Friday, November 16th, 2012  /  Health Care & Life Science, Latest news  /  Comments Off on SB Neighborhood Clinics CEO to step down

Cynder Sinclair is retiring from her post as the CEO of Santa Barbara Neighborhood Clinics. Sinclair has been at the helm of the nonprofit medical organization for nearly five years. It is a network of nonprofit clinics that serves low-income and uninsured patients. The clinic’s board of directors announced Sinclair’s departure on Nov. 16, and Read More →

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Dole reports Q3 loss of $5.3M

By   /  Thursday, November 15th, 2012  /  Latest news  /  Comments Off on Dole reports Q3 loss of $5.3M

Produce giant Dole Food Co. missed Wall Street expectations as it saw a third-quarter loss of $5.3 million, or 6 cents a share, on revenue of $2 billion. The loss is an improvement over third-quarter results from last year, when the Westlake Village-based food company reported a loss of $12.1 million, or 14 cents a Read More →

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IQMS breaks ground on new HQ

By   /  Thursday, November 15th, 2012  /  Latest news, Real Estate, Technology  /  Comments Off on IQMS breaks ground on new HQ

Paso Robles-based software firm IQMS broke ground on a second 30,000-square-foot building on Nov. 14. The company makes software that manufacturers use to track production and plan for materials purchases. With a strong customer base in the automotive component manufacturing industry, the company has been expanding its offers with new sensors and hardware that let Read More →

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UPDATE: Pacific Capital sale to close Dec. 1

By   /  Wednesday, November 14th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on UPDATE: Pacific Capital sale to close Dec. 1

Union Bank’s $1.5 billion acquisition of Santa Barbara Bank & Trust’s parent company is slated to close Dec. 1 now that federal regulators have signed off on the deal. In approving the sale of Pacific Capital Bancorp with a formal order on Nov. 14, Federal Reserve officials set in motion a number of events. They Read More →

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Calavo gains 600K with sale of Maui Fresh

By   /  Monday, November 12th, 2012  /  Latest news  /  Comments Off on Calavo gains 600K with sale of Maui Fresh

[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”12-05-2012″ enddate=”12-11-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers sold its share of a Los Angeles-based fruit distribution company for $2.6 million in a deal that closed Oct. 31. The produce marketer sold its 50 percent stake in Maui Fresh International to San Rafael Distributing, the company that already owns the Read More →

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Watkins: Ventura County’s prospects are dim

By   /  Friday, November 9th, 2012  /  Latest news, Tri-County Economy  /  Comments Off on Watkins: Ventura County’s prospects are dim

Ventura County is going to start looking a lot more like South Santa Barbara County in coming years, with few job opportunities to match the high cost of housing. That was the view from Bill Watkins, chief economist at the Center for Economic Research and Forecasting at California Lutheran University. “Ventura County’s future has changed,” Read More →