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TrueVision looks for growth with eye surgery system patent

By   /  Friday, August 15th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on TrueVision looks for growth with eye surgery system patent

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Editorial: South Coast shoppers’ hunt for Target continues

By   /  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 →

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Inogen raises 2014 guidance after beating on Q2 profits

By   /  Tuesday, August 12th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen raises 2014 guidance after beating on Q2 profits

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 →

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Target toughens talk in Goleta store hunt

By   /  Friday, August 8th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Target toughens talk in Goleta store hunt

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 →

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Dubroff: Wall Street rattles the West Coast, shaking up Amgen and Allergan

By   /  Friday, August 1st, 2014  /  Columns, Opinion  /  Comments Off on Dubroff: Wall Street rattles the West Coast, shaking up Amgen and Allergan

Henry Dubroff

What happens on Wall Street is having a direct impact on West Coast jobs, with indirect effects on housing and other markets.

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Direct Relief seeks to purchase airport land for new campus

By   /  Thursday, July 31st, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Direct Relief seeks to purchase airport land for new campus

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 →

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Community West Bank profits fall 19.8 percent

By   /  Friday, July 25th, 2014  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Community West Bank profits fall 19.8 percent

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.