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 →
Twin brothers Josh and Jeremy Pemberton are planning to expand their Ventura-based food and entertainment business to San Luis Obispo. The two own and operate Discovery Venues, and in late March, they submitted plans to redevelop the 24,500-square-foot former Sports Authority building at 1144 Chorro St. in San Luis Obispo into a 14-lane Read More →
Taking advantage of record low interest rates, CalAmp, based in Oxnard, has priced an offering of $150 million in convertible notes due in 2020. The company, which posted record revenues of $250.6 million on strong demand for its wireless products and services, said it increased the offer from $125 million announced initially; the interest rate Read More →
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By Staff Report / Friday, May 1st, 2015 / Latest news, Top Stories / Comments Off on Announcing Melissa Stafford Jones as keynote speaker for the 2015 Champions in Health Care.
Melissa Stafford Jones, regional director of the U.S. Department of Health and Human Services Region IX, will keynote the Pacific Coast Business Times’ 2015 Champions in Health Care Summit. Prior to her appointment as Regional Director in 2014, Stafford Jones was President & CEO of the Read More →
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 →
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a profit of $1.8 million in the first quarter of 2015. The company recorded a profit of $1.4 million in the same period last year. “Community West’s first quarter accomplishments were a good start to the year as we continue to successfully strengthen our Read More →
