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By Staff Report / Wednesday, June 17th, 2015 / East Ventura County, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Allergan buying Westlake Village-based Kythera Biopharmaceuticals Inc.
Just a few months after it shut a Santa Barbara facility, Botox-maker Allergan has re-entered the Tri-Counties, agreeing to buy Kythera Biopharmaceuticals Inc. for about $2.1 billion. The deal will add the Westlake Village-based Kythera’s treatments for double chins and male pattern baldness to Allergan’s existing line of products, including a breast implant operation formerly Read More →
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By Staff Report / Monday, June 15th, 2015 / Latest news, Top Stories / Comments Off on Saks Fifth Avenue OFF 5TH to open in Saks Fifth Avenue Santa Barbara
Hudson’s Bay Company plans to renovate and convert its Saks Fifth Avenue store in Santa Barbara to the Saks Fifth Avenue OFF 5TH format within the same location. The conversion is expected be completed by October after existing merchandise is sent to nearby Saks Fifth Avenue stores. “This is a strategic decision to optimize the Read More →
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By Staff Report / Friday, June 12th, 2015 / Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies / Comments Off on Goleta’s Community West Bancshares settles with Residential Funding Company
Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →
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By Staff Report / Thursday, June 11th, 2015 / Latest news, South Coast, Top Stories / Comments Off on Ty Warner donating Barnsdall-Rio Grande Gas Station to Goleta
Ty Warner, the real estate tycoon and creator of Beanie Babies, is donating the Barnsdall-Rio Grande Gas Station to the city of Goleta, a representative announced at a news conference today. Originally part of the Sandpiper Golf Course property, the Spanish colonial-designed station includes a nearly 500-square-foot structure and access to a small parcel of Read More →
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By Staff Report / Wednesday, June 10th, 2015 / Central Coast, Latest news, Technology, Top 25 lists, Tri-County Public Companies / Comments Off on San Luis Obispo’s Mindbody expects $15 per share in IPO
MindBody, the San Luis Obispo-based software company poised to go public, told regulators June 8 that it expects to raise as much as $123 million in a 7.15 million share offering that could be priced as high as $15 per share. MindBody said in a revised Securities and Exchange Commission filing that it anticipates a Read More →
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By Staff Report / Monday, June 8th, 2015 / Agribusiness, Central Coast, Latest news, Top Stories / Comments Off on Santa Maria couple donates 450-acre avocado, lemon ranch to Cal Poly San Luis Obispo
A Santa Maria couple has agreed to donate a 450-acre avocado and lemon ranch in southern San Luis Obispo County valued at $11.3 million to Cal Poly San Luis Obispo. Stuart “Stu” and Jan Bartleson and university officials made the announcement at a press conference held at Bartleson Ranch on Los Berros Road, three miles Read More →
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