29-acre home development in Fillmore gets council go-ahead
By Elijah Brumback / Friday, August 29th, 2014 / Central Coast, Columns, East Ventura County, Real Estate, South Coast, Tri-County Economy, West Ventura County / Comments Off on 29-acre home development in Fillmore gets council go-ahead
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QAD’s second-quarter profits drop despite record revenue
By Staff Report / Wednesday, August 27th, 2014 / Banking & Finance, Personal Finance, South Coast, Technology, Tri-County Economy / Comments Off on QAD’s second-quarter profits drop despite record revenue
Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the Read More →
Santa Barbara chamber opposes anti-oil effort Measure P
By Staff Report / Wednesday, August 27th, 2014 / Central Coast, South Coast, Tri-County Economy / 3 Comments
Proponents of Santa Barbara County’s Measure P, an anti-fracking measure that could also shut down conventional oil and gas production, suffered a setback on Aug. 27 when the largest South Coast chamber of commerce said it opposed the November ballot initiative. The Santa Barbara Region Chamber of Commerce said that its board voted to “urge Read More →
50 Fastest-Growing Companies 2014 announced
By Staff Report / Monday, August 25th, 2014 / Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on 50 Fastest-Growing Companies 2014 announced
Learn more about this year’s featured companies and the Sept. 18 awards event.
IQMS readies for big leagues with first outside investment
By Stephen Nellis / Friday, August 22nd, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on IQMS readies for big leagues with first outside investment
Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Facebook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →
Competition heats up in infrared market as Flir, Seek Thermal release smartphone products
By Stephen Nellis / Friday, August 22nd, 2014 / South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Competition heats up in infrared market as Flir, Seek Thermal release smartphone products
This holiday season, two South Coast firms will compete to sell what could be the hottest gadget gift of the year: affordable thermal cameras for smartphones. Goleta-based Seek Thermal, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $30 million, said Aug. 19 that it will offer a Read More →
Pacifica Hotels, Eastern Real Estate team up on hostel takeover
By Elijah Brumback / Friday, August 22nd, 2014 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Pacifica Hotels, Eastern Real Estate team up on hostel takeover
Last week, Santa Barbara firms Pacifica Hotels and Eastern Real Estate purchased the hostel from the Parker family.