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Magellan’s merger may give sales a lift

By   /  Friday, December 9th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Magellan’s merger may give sales a lift

Santa Barbara-based Magellan’s Travel Supplies and Colorado Bag’n Baggage are joining forces to battle the difficult retail climate. The two companies, both of which are considered leaders in the U.S. luggage and travel products industry, announced the merger on Dec. 1. Magellan’s operates mainly as a catalog business, with a customer base of 1.8 million Read More →

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ITT shuts T.O. facility, ATK expands in Goleta

By   /  Friday, December 9th, 2011  /  Technology, Top Stories, Tri-County Economy  /  Comments Off on ITT shuts T.O. facility, ATK expands in Goleta

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Pierpont owner files Chapter 11

By   /  Friday, December 9th, 2011  /  Top Stories, Tourism, Tri-County Economy  /  Comments Off on Pierpont owner files Chapter 11

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Venoco, state tangle over oil royalties

By   /  Friday, December 2nd, 2011  /  Top Stories, Tri-County Public Companies  /  Comments Off on Venoco, state tangle over oil royalties

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”02-06-2011″ enddate=”02-12-2011″ width=”300″ height=”245″] Venoco faces allegations from the State Lands Commission that it underpaid the state $9.5 million for the oil pumped from Platform Holly off the Goleta coast. The claims came in a lawsuit filed Nov. 16 by the State Lands Commission in Santa Barbara Superior Court. It Read More →

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Lenco Mobile proposes $42M merger deal

By   /  Friday, December 2nd, 2011  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Lenco Mobile proposes $42M merger deal

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Credit unions bank on consumer backlash

By   /  Friday, December 2nd, 2011  /  Banking & Finance, Banking Industry, Personal Finance, Top Stories  /  1 Comment

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New owners sink teeth into DenMat

By   /  Friday, November 25th, 2011  /  Top Stories  /  1 Comment

DenMat, the maker of Lumineers dental veneers and a major Santa Maria employer, has a new owner and a new chief executive. Centre Partners, a private equity firm, and Mill Street Partners, a firm founded this year by dentistry industry veterans, took control of the company on Nov. 15. The acquisition comes four years after Read More →