Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Latest news  -  Page 845
Latest

UPDATE: Pacific Capital sale to close Dec. 1

By   /  Wednesday, November 14th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on UPDATE: Pacific Capital sale to close Dec. 1

Union Bank’s $1.5 billion acquisition of Santa Barbara Bank & Trust’s parent company is slated to close Dec. 1 now that federal regulators have signed off on the deal. In approving the sale of Pacific Capital Bancorp with a formal order on Nov. 14, Federal Reserve officials set in motion a number of events. They Read More →

Read More →
Latest

Calavo gains 600K with sale of Maui Fresh

By   /  Monday, November 12th, 2012  /  Latest news  /  Comments Off on Calavo gains 600K with sale of Maui Fresh

[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”12-05-2012″ enddate=”12-11-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers sold its share of a Los Angeles-based fruit distribution company for $2.6 million in a deal that closed Oct. 31. The produce marketer sold its 50 percent stake in Maui Fresh International to San Rafael Distributing, the company that already owns the Read More →

Read More →
Latest

Watkins: Ventura County’s prospects are dim

By   /  Friday, November 9th, 2012  /  Latest news, Tri-County Economy  /  Comments Off on Watkins: Ventura County’s prospects are dim

Ventura County is going to start looking a lot more like South Santa Barbara County in coming years, with few job opportunities to match the high cost of housing. That was the view from Bill Watkins, chief economist at the Center for Economic Research and Forecasting at California Lutheran University. “Ventura County’s future has changed,” Read More →

Read More →
Latest

SLO leading the state in GDP, job growth

By   /  Friday, November 9th, 2012  /  Latest news  /  Comments Off on SLO leading the state in GDP, job growth

SLO’s economic recovery isn’t looking so slow anymore. Jordan Levine, director of economic research at Beacon Economics, said at a Nov. 9 forecast that San Luis Obispo County is leading California’s financial recovery. The road is still bumpy, but there are there are a handful of notable bright spots for the region’s economy, Levine said Read More →

Read More →
Latest

Row 44 bought in $430M deal

By   /  Friday, November 9th, 2012  /  Latest news, Technology  /  Comments Off on Row 44 bought in $430M deal

Westlake Village-based Row 44, a supplier of broadband Internet systems for airplanes, has been acquired in a deal valued at $430 million that will combine it with a content provider. A purpose-made company called Global Eagle Acquisition Corp. will roll together Row 44 with Advanced Inflight Alliance AG, a German-based content company that has deals Read More →

Read More →
Latest

Former Facebook manager shares social media secrets

By   /  Thursday, November 8th, 2012  /  Latest news, Small Business, Technology  /  Comments Off on Former Facebook manager shares social media secrets

Facebook is an excellent tool for small businesses looking to grow revenue through customer engagement. But it takes time, thought and a touch of discretion to succeed. That was the message that Matt Hicks, former marketing and public relations manager for Facebook, brought to an audience of about 150 in Santa Barbara on Nov. 7.  Read More →

Read More →
Latest

Amgen deals could foster biotech hub, panel says

By   /  Wednesday, November 7th, 2012  /  Latest news, Technology  /  Comments Off on Amgen deals could foster biotech hub, panel says

Amgen’s decision to license some of its intellectual property to a new drug company that will operate near the biotechnical giant’s Thousand Oaks headquarters could be an exciting development for biotech firms in the 101 corridor, business leaders were told at a breakfast gathering Wednesday in Westlake Village. The move could be a start toward Read More →

Read More →