A good year
By Pacific Coast Business Times Staff / Monday, September 28th, 2009 / Top Stories / Comments Off on A good year
It may have been a sour year for the national economy, but bottle it up and 2009 will probably taste better on reflection. Up and down the Central Coast, wineries are frantically bringing grapes in for the crush by the truckload and, by and large, the feedback seems to be that it’s going to be Read More →
CLU Forum: Bank chiefs see few green shoots
By Pacific Coast Business Times Staff / Tuesday, September 22nd, 2009 / Top Stories / Comments Off on CLU Forum: Bank chiefs see few green shoots
After taking a pounding from the fast-falling economy and tough-minded regulators this year, community banks in the Tri-Counties are beginning to think they’re at the bottom. But it’s too early to say if the Tri-Counties are in the recovery phase. That’s the view of four top regional bank chief executives who spoke at a Sept. Read More →
SEC probes stock buy
By Pacific Coast Business Times Staff / Monday, September 21st, 2009 / Top Stories / Comments Off on SEC probes stock buy
A Victorville man accused of falsely claiming he owned millions of dollars of shares in dozens in companies around the world has touched a nerve in Westlake Village. Last year, CapitalSource Healthcare REIT, a Westlake Village firm, filed papers to raise as much as $362 million in an initial public offering. The company, a subsidiary Read More →
A trademark duel
By Pacific Coast Business Times Staff / Monday, September 21st, 2009 / Top Stories / Comments Off on A trademark duel
Two high-end gun makers are dueling across the Atlantic over the rights to use one of the oldest names in the trade. Paso Robles-based John Rigby & Co. (Gunmakers) Inc. is suing London-based newcomer John Rigby & Co. (Gunmakers) Ltd. for trademark infringement. In a complaint filed Aug. 24 in a federal court in Los Read More →
Flir scores victory in Raytheon battle
By Pacific Coast Business Times Staff / Monday, September 21st, 2009 / Top Stories / Comments Off on Flir scores victory in Raytheon battle
In one of the most-watched legal fights in the defense industry, infrared camera maker Flir Systems has won a preliminary victory against Raytheon over infrared sensor technology developed in Goleta. In 2007, Raytheon sued Flir, alleging the smaller company had stolen its trade secrets, competed unfairly and infringed its patents. On Aug. 31, a federal Read More →
Green Coast goes to Washington
By Pacific Coast Business Times Staff / Wednesday, September 16th, 2009 / Top Stories / Comments Off on Green Coast goes to Washington
WASHINGTON, D.C. — With the Obama administration nudging climate change toward the top of the political agenda, the new energy economy was a timely topic as 25 business and community leaders from the Tri-Counties convened for a day of discussions hosted by U.S. Rep. Lois Capps, D-Santa Barbara. Capps said she was encouraged by efforts Read More →
Carpinteria device firm gets big bucks
By Pacific Coast Business Times Staff / Monday, September 14th, 2009 / Top Stories / Comments Off on Carpinteria device firm gets big bucks
In the biggest single round of venture capital financing announced this year in the Tri-Counties, Carpinteria-based medical device maker ValenTx raised $22 million Sept. 8. Founded in 2002 and operating quietly until now, the company is testing out a treatment for morbid obesity, a condition in which patients are typically overweight by more than 100 Read More →
