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Teledyne gets $25.5M contract

By   /  Thursday, October 14th, 2010  /  Latest news  /  Comments Off on Teledyne gets $25.5M contract

Thousand Oaks-based Teledyne Technologies has won a $25.5 million federal contract for technology that would guide a single .50-caliber bullet to a faraway moving target in high winds. Teledyne Scientific & Imaging, a Teledyne subsidiary, announced the award on Oct. 14. It comes from the Defense Advanced Research Projects Agency, or DARPA, the arm of Read More →

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FPPC approves Copeland fine

By   /  Thursday, October 14th, 2010  /  Latest news  /  Comments Off on FPPC approves Copeland fine

California’s Fair Political Practices Commission fined San Luis Obispo businessmen James and Thomas Copeland and banker David Booker $80,000 at its Oct. 14 meeting for violating the state Political Reform Act. The Copelands and Booker are accused of staging a secret and illegal campaign in 2006 to block rancher Ernie Dalidio’s development plans. The five-member Read More →

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Pacific Capital gets delisting warning

By   /  Wednesday, October 13th, 2010  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital gets delisting warning

Pacific Capital Bancorp said in an Oct. 13 filing with the U.S. Securities and Exchange Commission that the Nasdaq stock market has told it to get its stock price back above $1 before April 6, 2011, or potentially be delisted. The Santa Barbara-based banking firm — the holding company for Santa Barbara Bank & Trust Read More →

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Harmony landowners sue Coastal Commission

By   /  Monday, October 11th, 2010  /  Latest news, Real Estate  /  Comments Off on Harmony landowners sue Coastal Commission

A family that owns property along the coast of northern San Luis Obispo County has sued the California Coastal Commission over its decision in August to require public access to a mile-long stretch of coastline. The family trust — led by sisters Denise McLaughlan, Sharyn Schrick, and Sandra Bowman — owns 400 acres near the Read More →

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Ventura County CEO Robinson to retire

By   /  Monday, October 11th, 2010  /  Latest news  /  Comments Off on Ventura County CEO Robinson to retire

Ventura County CEO Marty Robinson has announced plans to retire in March after three years as the top executive in the region’s largest government agency. Robinson, 60, replaced Johnny Johnston as CEO in 2008, the culmination of a career with the county that has now lasted more than 35 years. She was the first woman Read More →

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Sale of Veeco’s Goleta unit closes

By   /  Friday, October 8th, 2010  /  Latest news, Technology  /  Comments Off on Sale of Veeco’s Goleta unit closes

The sale of Veeco Instruments’ metrology business, which includes its facility in Goleta, closed on Oct. 8, the company announced. Massachusetts-based Bruker Corp. now owns the metrology unit, which includes offices in Goleta and Tuscon, Ariz., and will combine it with its Bruker Nano division. The company paid $229.4 million in cash in the deal, Read More →

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Major shareholders file suit against Occam

By   /  Thursday, October 7th, 2010  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Major shareholders file suit against Occam

A group of shareholders who between them own about 19 percent of Occam Networks filed suit Oct. 6 against Occam’s board of directors to stop the proposed acquisition of the company by Calix. In a news release announcing the suit, the investors — who include legendary hedge fund manager Michael Steinhardt — claim the $171 Read More →

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