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By Marlize van Romburgh / Friday, August 3rd, 2012 / Columns, Real Estate / Comments Off on Big leases drove South Coast commercial market in Q2
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By Staff Report / Monday, July 30th, 2012 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Community West lost $591K in Q2
Shares of Community West Bancshares soared 7.7 percent even as the Goleta-based bank reported a $591,000 second-quarter loss. The parent company of Community West Bank’s latest loss swings away from an $819,000 profit in the first quarter. Including $268,000 in dividends and accretion on preferred stock, Community West’s second-quarter net loss applicable to common stockholders Read More →
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By Marlize van Romburgh / Friday, July 20th, 2012 / Technology, Top Stories / Comments Off on Investor maps out future of cartography with Goleta firm buy
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By Marlize van Romburgh / Friday, June 22nd, 2012 / Columns, Real Estate / Comments Off on Workforce demand is driving region’s coming apartment boom
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By Stephen Nellis / Friday, May 25th, 2012 / Technology, Top Stories / Comments Off on Goleta partners with UCSB, chamber to attract tech
[EDITOR’S NOTE: This story, originally published online on May 18, was updated with additional quotes and information. The updated version, published May 25, is below]. On the heels of $463 million in business investment since 2010, the city of Goleta is teaming up with its neighbor UC Santa Barbara and the Goleta Valley Chamber of Read More →
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By Staff Report / Thursday, April 26th, 2012 / Banking & Finance, Earnings, Latest news, Tri-County Public Companies / Comments Off on Deckers stock slips as profits drop 59%
Unseasonably warm weather dampened first-quarter profits at Ugg boot maker Deckers Outdoor Corp and sent its share price tumbling more than 18 percent after the earnings announcement. The Goleta-based footwear company reported April 26 that quarterly profits were down 59 percent to $7.9 million, or 20 cents per share. The earnings drop came even as Read More →
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By Stephen Nellis / Friday, April 20th, 2012 / Technology, Top Stories / Comments Off on Cloud firm garners $30M from Netflix backers
Eucalyptus Systems has raised $30 million in fresh venture capital from the same firm that funded Netflix and Twitter, bringing the Goleta-based cloud computing software company’s total capital raised to date to $55.5 million. Eucalyptus was founded in 2009 by a team of computer scientists led by UC Santa Barbara professor Rich Wolski. It makes Read More →