UCSB moves ahead with Munger Hall mega-dorm
UC Santa Barbara has released a notice of preparation for a new student housing development, Munger Hall, which was previously approved as part of the university’s Long Range Development Plan. Munger Hall, when built, would increase the university’s on-campus housing by 50%, with single-occupancy rooms, and will allow the university to eliminate triple housing in Read More →
Waste Management hauls rival into court over loss of Thousand Oaks contract
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Sun & Swell foods opens Ventura storefront as online sales boom
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Dole down 9.4% in first day on NYSE
Westlake Village-based Dole is publicly traded once again, after raising $400 million in a July 30 initial public offering. The IPO was a bit of a letdown for Dole. The company priced its shares at $16 only to see them open at $15 and then drop to $14.50 by the end of the trading day, Read More →
LTC Properties earnings rebound from pandemic lows
LTC Properties saw its net income soar a year after the pandemic caused serious interruptions to the real estate investment trust’s business model. On July 29, the Westlake Village-based REIT reported its net income for the second quarter of 2021 at $18.1 million, or 46 cents per share — an increase of more than 900% Read More →
Running shoe sales propel Deckers to profitable quarter
Goleta-based Deckers Brands started its 2021-22 fiscal year strong, reporting huge increases in earnings and revenue in quarterly results released after the markets closed July 29. The parent company of Ugg, Teva and other footwear brands delivered earnings of $48.1 million in the most recent quarter, or $1.71 per share, much better than the same Read More →
Westlake Village robotics firm closes $30M funding round
InVia Robotics, a Westlake Village-based warehouse automation solution company, secured $30 million in a Series C funding round announced July 28, led by M12, Microsoft’s venture fund, and Qualcomm Ventures. To date, inVia has raised $59 million in funding. With this investment, inVia said it plans to extend its products’ reach and operational support in Read More →
