This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
By Editorial Board / Friday, August 15th, 2014 / Editorials, Opinion / Comments Off on Editorial: South Coast shoppers’ hunt for Target continues
Let the Target wars begin. South Santa Barbara County once again is in pursuit of the iconic red logo that has become a destination for typically female middle-class shoppers seeking home goods, back-to-school clothes and food at discount prices. Somehow, the South Coast wound up with K-Mart and Sears stores but Target so far has Read More →
Shares of Goleta-based Inogen climbed 4.3 percent in after-hours trading on Tuesday as the medical-device maker reported better-than-expected second-quarter revenue and profit. The company, which went public earlier this year, makes portable at-home oxygen concentrators. Its second-quarter revenue soared 50.8 percent to $30.4 million, beating the Capital IQ Consensus Estimate by $6.5 million. Product sales Read More →
Target Corp., the second-largest discount retailer in the U.S., is searching for a new site for a potential store in Goleta. It is no longer under contract to purchase the site long planned for a store at Hollister Avenue and Los Carneros Way in Goleta, insiders say, but several options remain open as the big-box Read More →
By Henry Dubroff / Friday, August 1st, 2014 / Columns, Opinion / Comments Off on Dubroff: Wall Street rattles the West Coast, shaking up Amgen and Allergan
What happens on Wall Street is having a direct impact on West Coast jobs, with indirect effects on housing and other markets.
The Santa Barbara City Council is slated to hear a proposal from Direct Relief, the largest nonprofit headquartered in the region, to buy a parcel of land near the municipal airport and build a 125,000-square-foot facility there. Goleta-based Direct Relief has outgrown its existing facility and wants to build a 100,000-square-foot warehouse and 25,000 square Read More →
Goleta-based Community West Bancshares, the holding company for Community West Bank, reported that earnings per diluted share fell to $0.18 for the second quarter while net interest income rose to $6.3 million.