United to fly to Santa Maria in October
United Airlines has begun booking flights for the fall out of Santa Maria Public Airport, after repeated delays due to the COVID-19 pandemic. United had originally planned to open in Santa Maria in June 2020. That was changed to March 2021, and the later date was abandoned as well as the pandemic dragged on. The Read More →
Community West earnings nearly double in first quarter
Community West Bancshares saw its net income rise by almost 90% year-over-year as it decreased its provision for loan losses and increases its dividends. The Goleta-based parent company of Community West Bank released its first quarter earnings on May 3, including $3 million in net income for the quarter, or 35 cents per diluted share. Read More →
805 Law Roundup: Santa Barbara firm disbands
The Santa Barbara law firm of Fell, Marking, Abkin, Montgomery, Granet & Raney closed effective Feb. 28. It was a “natural winding down,” according to a news release from Frederick “Rick” Montgomery, one of the firm’s co-founders. Montgomery, a family law specialist, opened his own firm in Santa Barbara after Fell Marking closed. Other attorneys Read More →
LTC Properties reports income drop
LTC Properties saw its net income drop almost 80% in a year as it missed estimates and saw decreased rental income. The Westlake Village-based real estate investment trust, which specializes in health care and senior living properties, reported $13.6 million in net income, or 35 cents per diluted share, for the first quarter of 2021. Read More →
With dozens of hires per week, Meissner Filtration is booming
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With Newsom’s proposal, oil industry’s clock starts ticking
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Thousand Oaks biotech firm closes $140M funding round
Capsida Biotherapeutics, a biotechnology startup based in Thousand Oaks, announced April 29 that it is emerging from “stealth mode” with a $140 million funding round led by Westlake Village BioPartners and Versant Ventures. The Series A round includes $50 million from Westlake Village BioPartners, a venture capital firm in Thousand Oaks focused on biotech startups Read More →
