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By Marlize van Romburgh / Friday, May 25th, 2012 / Banking & Finance, Top Stories / Comments Off on CKE’s $100M IPO will fuel hunger for growth
As the battle for a bigger slice of the $70 billion U.S. burger market heats up, CKE Restaurants is preparing to go public again in a $100 million stock offering. CKE, the Carpinteria-based parent of burger chains Carl’s Jr. and Hardee’s, said in a May 17 filing with the Securities and Exchange Commission that it plans to Read More →
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By Marlize van Romburgh / Friday, May 18th, 2012 / Columns, Real Estate / Comments Off on Building on Buffet’s $2B Topaz Solar Farm heats up
First Solar and Warren Buffett’s MidAmerican Solar have started major construction on a 550-megawatt photovoltaic solar project on northern San Luis Obispo County’s Carrizo Plain. The $2 billion Topaz Solar Farms hopes to be the largest solar-electric plant in the world. The developers said the project will create about 400 construction jobs over the next Read More →
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By Marlize van Romburgh / Friday, May 18th, 2012 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen power handoff comes at critical time
Incoming Amgen chief Robert Bradway takes the baton from longtime CEO Kevin Sharer as the world’s largest biotech company makes critical decisions about how it will compete with Big Pharma and biosimilars. Amgen, the Tri-Counties’ only blue-chip stock and the largest employer in the region with more than 6,000 employees, will install Bradway, a former Read More →
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By Marlize van Romburgh / Friday, May 11th, 2012 / Columns, Real Estate / Comments Off on $152M courthouse could be scrapped for renovation option
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By Marlize van Romburgh / Friday, May 4th, 2012 / Central Coast, Latest news, Tri-County Economy / Comments Off on Rupert predicts flat GDP growth in Santa Barbara County
Santa Barbara County is expected to see flat or even negative GDP growth over the next year, and the long-term outlook for its jobs market is gloomy. That was the prognosis from the team of forecasters at UC Santa Barbara’s annual Santa Barbara County Economic Summit, which held events for the southern and northern halves Read More →
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By Marlize van Romburgh / Friday, May 4th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on PacWest tops Umpqua offer with $58.1M deal
PacWest Bancorp’s $58.1 million offer to buy American Perspective Bank has trumped an earlier deal for the Central Coast lender and puts San Luis Obispo County in play as a banking hotspot. The April 30 acquisition offer from PacWest, parent of Pacific Western Bank, comes three weeks after Umpqua Holdings Corp. of Oregon said it Read More →
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By Marlize van Romburgh / Friday, May 4th, 2012 / Columns, Restaurants / Comments Off on Blue Owl goes from late-night to daytime gourmet grub
When chef Cindy Black realized that late-night foodies and bar-hoppers faced a dearth in downtown Santa Barbara, she quit her job and used her last paycheck to open her own eatery. A year and a half later, Black has taken on the challenge of opening a daytime sister restaurant to The Blue Owl, a lower Read More →
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