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Goleta-based Deckers hits 52-week low for stock price

By   /  Monday, September 14th, 2015  /  Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Deckers hits 52-week low for stock price

Goleta-based Deckers Brands hit a 52-week low on Sept. 11 when it briefly fell to $59.62 per share. It closed Sept. 14 at $61.10. Shares of Deckers dropped about 33 percent so far this year from $89.74 on Jan. 2 before it closed at $60.65 on Sept. 11. Investment research firm Zacks said weak earnings Read More →

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CIO Solutions opening San Luis Obispo office

By   /  Monday, September 14th, 2015  /  Central Coast, Latest news  /  Comments Off on CIO Solutions opening San Luis Obispo office

CIO Solutions, a Goleta-based computer consulting and management-company, will officially open a new office in downtown San Luis Obispo on Sept. 21. A ribbon cutting will be held at 4:30 p.m. at the new office at 864 Osos St. with members of the San Luis Obispo City Council and the chamber of commerce. The company Read More →

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FLIR expansion fortifies Goleta business park

By   /  Friday, September 11th, 2015  /  Latest news, South Coast, Technology  /  Comments Off on FLIR expansion fortifies Goleta business park

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Tech Titan: Inogen co-founder turns effort to help grandmother into big business

By   /  Friday, September 4th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies, Women Inc.  /  Comments Off on Tech Titan: Inogen co-founder turns effort to help grandmother into big business

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Goleta-based Sientra to offer additional $75 million worth of stock

By   /  Thursday, September 3rd, 2015  /  Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Goleta-based Sientra to offer additional $75 million worth of stock

Sientra, a Goleta-based breast implant manufacturer, submitted documents to the Securities and Exchange Commission to offer an additional $75 million worth of stock on Sept. 3. Sientra raised about $77 million after paying underwriting expenses when it started trading on the Nasdaq on Oct. 29, 2014. At the time, the company said it sold 5.75 Read More →

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Buellton hotel project secures funding to begin construction

By   /  Friday, August 28th, 2015  /  Columns, Real Estate  /  Comments Off on Buellton hotel project secures funding to begin construction

A Buellton hotel project recently secured $14 million to start construction. The Los Angeles-based real estate investment company Lowe Enterprises Investors gave a $13.99 million construction loan to Ocean Park Hotels, a hotel construction company in Monterey, to fund building a Hampton Inn and Suites at 600 McMurray Road. The three-story, 99-unit property that will Read More →

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Goleta-based Community West Bancshares reports loss

By   /  Friday, August 21st, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Community West Bancshares reports loss

Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →