January 15, 2025
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Property investor demands more from Santa Barbara City Hall

By   /  Friday, April 28th, 2017  /  middle, Real Estate, South Coast  /  Comments Off on Property investor demands more from Santa Barbara City Hall

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Weak job growth, high cost of living spell trouble in Ventura County

By   /  Friday, April 28th, 2017  /  East Ventura County, Latest news, Op/Eds, Opinion, West Ventura County  /  Comments Off on Weak job growth, high cost of living spell trouble in Ventura County

By Tony Biasotti In May, the Ventura County Civic Alliance will release its 2017 State of the Region report. As in past editions of the report, the state of the county’s economy is a large part of the overall state of the region. The state of the economy is decidedly mixed. Ventura County is what Read More →

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Amgen revenues fall but profits increase

By   /  Wednesday, April 26th, 2017  /  Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen revenues fall but profits increase

Thousand Oaks-based biotech giant Amgen’s total revenues decreased by 1 percent to $5.5 billion during the first quarter of 2017, compared to the same period a year ago, according to an earnings report April 26. The drop was related to the plunge in sales of Enbrel, its rheumatoid arthritis drug. Sales decreased 15 percent due Read More →

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Deckers Brands considering putting itself up for sale

By   /  Tuesday, April 25th, 2017  /  Latest news, South Coast  /  Comments Off on Deckers Brands considering putting itself up for sale

Deckers Brands, the Goleta-based maker of Ugg boots and other footwear, said April 25 that it is considering strategic alternatives that could include selling the company. Red Mountain Capital Partners, an investment firm that owns a 3.3 percent stake in Deckers, has been pressuring Deckers’ management team to explore options that include a sale or Read More →

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Murdock files for $100 million IPO at Dole Food

By   /  Tuesday, April 25th, 2017  /  Agribusiness, East Ventura County, Latest news  /  Comments Off on Murdock files for $100 million IPO at Dole Food

Agribusiness giant Dole Food, the tri-county region’s largest private company, filed for an initial public offering of up to $100 million with the Securities and Exchange Commission on April 24. Owner David Murdock, 94, is taking the company public for the third time. He ranks fourth on the Pacific Coast Business Times Region’s Richest list, Read More →

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Montecito Bank & Trust reports growth in assets, loans, deposits and income

By   /  Friday, April 21st, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast  /  Comments Off on Montecito Bank & Trust reports growth in assets, loans, deposits and income

Montecito Bank & Trust’s total assets grew by $68.1 million to $1.3 billion in the prior 12-month period, according to a quarterly report released April 20. The bank also reported loan growth of $155 million and increased deposits by 7.34 percent. The bank also reported that its net income for the period grew 28 percent Read More →

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Carpinteria software company Procore opening office in Australia

By   /  Friday, April 21st, 2017  /  Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Carpinteria software company Procore opening office in Australia

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

Construction software company Procore, based in Carpinteria, has opened a new office in Sydney, Australia. The addition of the new location is a response to high demand in Australia and New Zealand, the company said in a news release April 20. Its customers have reached more than 100 in the region, with more than 50,000 Read More →