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By Staff Report / Tuesday, April 1st, 2014 / Banking & Finance, South Coast, Top Stories / 1 Comment
The Select Staffing Family of Companies, the Santa Barbara-based staffing services giant, filed a pre-packaged Chapter 11 bankruptcy on April 1 listing between $50 million and $100 million in debts and $100 million to $500 million in assets.
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By Staff Report / Friday, March 28th, 2014 / Banking & Finance, Earnings, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Inogen swings to $18.2M profit in 2013
Medical device maker Inogen notched $18.2 million in profits, or $1.10 per diluted share, on $75.4 million in revenue last year, the Goleta firm said in its first earnings report as a public company.
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By Marlize van Romburgh / Friday, March 21st, 2014 / Banking & Finance, Banking Industry, Real Estate, Top Stories / Comments Off on Cashing out: Bank of America consolidates Simi operations
Bank of America has shed a 1 million-square-foot portfolio of former Countrywide Financial Corp. office buildings for $200 million and plans to consolidate its Simi Valley campus.
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By Staff Report / Tuesday, March 18th, 2014 / Banking & Finance, Law & Goverment, Real Estate, Technology, Top Stories, Tri-County Public Companies / Comments Off on Move sues after Realtor.com chief leaves for rival Zillow
Move Inc., operator of Realtor.com, has sued a former employee and much-larger competitor Zillow, alleging theft of trade secrets.
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By Stephen Nellis / Friday, March 14th, 2014 / Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Bain Capital debt strikes sour note at Guitar Center
With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.
