This is a column about how dysfunction in Washington is handing billions over to Wall Street while threatening thousands of jobs on the Central Coast. Just a year ago, Allergan shut its Goleta breast implant operation after it came under siege from corporate raiders, Activis, a New Jersey-based company that used an acquisition in Ireland Read More →
By Henry Dubroff / Friday, August 7th, 2015 / Editorials, Opinion / Comments Off on Donald channels Arnold in taking on GOP brass
We have seen this movie before. A larger-than-life figure in entertainment and business struts on to the political stage and captivates an audience of disaffected conservatives. Never mind that his personal politics are fairly liberal — it’s the appearance of control and command that pushes the conventional candidates out of the way. Once the momentum Read More →
Appfolio lost $3.2 million during the second quarter, the company reported Aug. 6. Goleta-based Appfolio makes property management software for small-to medium-sized real estate managers. Revenues were up 59 percent in the second quarter of 2015 from $11.6 million last year to $18.4 million this year. Appfolio lost 34 cents per share, which met analyst Read More →
By Elijah Brumback / Friday, July 31st, 2015 / Columns, Real Estate / Comments Off on Oriental rug store may be razed for 4-story mixed-use project
The owners of Aga John Oriental Rugs want to demolish the company’s Santa Barbara retail store to make way for a new four-story mixed-use development. Located at 15 S. Hope St., just across from the La Cumbre Mall, the property was purchase by Aga John in 2005 from Wye Road Properties for $4.1 million. The Read More →
Goleta-based Deckers on July 30 reported a loss of $47.3 million in its fiscal first quarter and a loss of $1.43 on a per-share basis. Despite the per-share loss, the results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share. Deckers Read More →
By Staff Report / Tuesday, July 28th, 2015 / Energy, Latest news, Top Stories / Comments Off on Venoco asks Goleta for permission to move two truckloads of oil per day
Venoco has asked the city of Goleta for emergency authority to move two truckloads per day of oil from its Ellwood facility to Santa Maria for the next 17 days. Venoco said it was making the request so that lines and other facilities could be cleared in order to complete mandatory inspections. Venoco said it Read More →
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