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Milo takes home top honors at UCSB’s New Venture Competition

By   /  Friday, May 22nd, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on Milo takes home top honors at UCSB’s New Venture Competition

Six teams emerged from an initial 40 to vie for a pool of $41,500 in cash prizes at the competition, which has been around for 16 years and has produced companies like BioIQ, Phone Halo, Sirigen and Inogen.

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AppFolio files for $100M IPO

By   /  Tuesday, May 19th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on AppFolio files for $100M IPO

  Goleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of Read More →

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Mindbody targets global expansion with IPO

By   /  Monday, May 11th, 2015  /  Banking & Finance, Central Coast, Latest news, Technology, Top 25 lists, Top Stories, Tri-County Public Companies  /  Comments Off on Mindbody targets global expansion with IPO

In a deal that’s been heralded as the first non-bank stock offering in decades for a company based in San Luis Obispo, Mindbody filed its offering statement with the Securities and Exchange Commission on May 11.

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ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on ERG Resources files bankruptcy, business for sale

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →

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Inogen earnings top Wall Street expectations again

By   /  Monday, April 27th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen earnings top Wall Street expectations again

Inogen, the Goleta-based maker of direct-to-consumer respiratory products, on April 27 reported fourth-quarter profit of $1.5 million. The company said it had net income of 7 cents per share. Earnings, adjusted for pretax gains, were 6 cents per share. Inogen, which produces oxygen concentrators for patients suffering from chronic respiratory conditions, posted revenue of $29.1 Read More →

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Smart & Final bulking up in Oxnard shopping center

By   /  Thursday, April 23rd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, West Ventura County  /  Comments Off on Smart & Final bulking up in Oxnard shopping center

Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly Read More →

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Amgen boosts outlook on positive first-quarter results

By   /  Tuesday, April 21st, 2015  /  Earnings, East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen boosts outlook on positive first-quarter results

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.