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Ergomotion pens year’s largest lease in Santa Barbara

By   /  Monday, May 14th, 2012  /  Latest news, Real Estate  /  1 Comment

Ergomotion, a company that makes adjustable bed bases, has signed the largest commercial lease in Santa Barbara so far this year. Year-to-date, the 9,656-square-foot lease at 203 Chapala St. is the largest in Santa Barbara in terms of square footage, according to Hayes Commercial Group. The commercial real estate firm brokered both sides of the Read More →

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Henley pledges $50M to UC Santa Barbara

By   /  Saturday, May 12th, 2012  /  Latest news  /  Comments Off on Henley pledges $50M to UC Santa Barbara

It was a historic evening at UC Santa Barbara as Oracle Chairman Jeff Henley donated $50 million, the largest gift the school has ever received, to the Institute for Energy Efficiency and the College of Engineering. The donation, one of the largest recorded in the region, was announced at the Campaign for UC Santa Barbara’s Read More →

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Nominations sought for Latino Business Awards

By   /  Friday, May 11th, 2012  /  Latest news  /  2 Comments

I’m proud to announce that the Pacific Coast Business Times is launching its first-ever Latino Business Awards. This special section, publishing June 22, recognizes the outstanding Latino business leaders and professionals who have helped to shape the Tri-Counties. We’re currently seeking nominations to get the inaugural issue of this exciting special section off the blocks. Read More →

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NiMin reports $1.5M loss

By   /  Friday, May 11th, 2012  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on NiMin reports $1.5M loss

NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →

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A blueprint for green business: Patagonia execs share lessons learned in new book

By   /  Friday, May 11th, 2012  /  Green Coast, Latest news  /  1 Comment

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Berry good: Fruit coating technology wins startup contest

By   /  Wednesday, May 9th, 2012  /  Latest news, Technology  /  Comments Off on Berry good: Fruit coating technology wins startup contest

Results from UC Santa Barbara’s New Venture Competition on May 9.

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First California rejects PacWest takeover bid

By   /  Wednesday, May 9th, 2012  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on First California rejects PacWest takeover bid

Westlake Village-based First California Financial Group has spurned an unsolicited takeover offer from Los Angeles-based PacWest Bancorp. First California, a $2 billion bank whose profits dropped drastically in the first quarter, is under pressure from three major shareholders to sell itself and has hired an investment banking firm to help evaluate its options. The company Read More →

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