Select slashes debt with public option
By Pacific Coast Business Times Staff / Monday, December 21st, 2009 / Top Stories / Comments Off on Select slashes debt with public option
In the region’s second major going-public transaction this year, Santa Barbara-based Select Staffing has agreed to a deal that would let it pay off $200 million in debt and become listed on a major stock exchange. With $1.4 billion in revenue in 2008, Select, a temporary staffing services firm, is the largest privately held company Read More →
A life of building
By Pacific Coast Business Times Staff / Monday, December 14th, 2009 / Top Stories / Comments Off on A life of building
David Bagwell was a bit of a celebrity in Moorpark. He and his wife spent years building a family business, which was featured several times on an ABC television reality show. Customers sought Bagwell almost as much for his good-natured personality as they did his skills as a contractor. When he took his life Nov. Read More →
Xirrus secures $20M deal
By Pacific Coast Business Times Staff / Monday, December 14th, 2009 / Top Stories / Comments Off on Xirrus secures $20M deal
Thousand Oaks-based Xirrus, a maker of high-performance wireless Internet gear, has secured a $20 million round of venture capital and all but declared plans to go public or pull off a sale soon. The deal, announced Dec. 1, is likely to be the single largest venture capital round announced in the Tri-Counties this year. It Read More →
Breaking news: PG&E to propose wave energy project
By Pacific Coast Business Times Staff / Friday, December 11th, 2009 / Top Stories / Comments Off on Breaking news: PG&E to propose wave energy project
In what could be a major step forward for alternative electric power generation for the region, Pacific Gas & Electric is preparing to seek approval to study a future wave energy project located off the California coast near Vandenberg Air Force Base. The project, which could take years to make operational, would generate as much Read More →
Changes at top for law firms
By Stephen Nellis / Monday, December 7th, 2009 / Top Stories / Comments Off on Changes at top for law firms
The largest law firm in the Tri-Counties has a new managing partner. Scott Samsky is taking the reins at Oxnard-based Nordman Cormany Hair & Compton after Tony Trembley held the managing partner position for six years. The shift marks a continued changing of the guard in Ventura County, whose growth in the last 30 years Read More →
Retail
By Pacific Coast Business Times Staff / Monday, December 7th, 2009 / Top Stories / Comments Off on Retail
Independent retailers from Thousand Oaks to Paso Robles are breathing a sigh of relief as they tabulate their Black Friday sales results. The traditional post-Thanksgiving shopping frenzy never quite materialized for tri-county merchants — who mostly managed to break even despite big box competition and cautious consumers — but it could have been worse. A Read More →
QAD results hint at tech sector rebound
By Pacific Coast Business Times Staff / Monday, December 7th, 2009 / Top Stories / Comments Off on QAD results hint at tech sector rebound
QAD, the Santa Barbara-based maker of enterprise software, has turned in a strong performance for its third quarter ended Oct. 31, signaling early signs of a turnaround for an important business segment in the region. QAD’s shares hit a 52-week high on the Nasdaq after it reported Nov. 24 that it had earned 13 cents Read More →
