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Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

By   /  Monday, June 15th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →

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Goleta’s Community West Bancshares settles with Residential Funding Company

By   /  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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Mindbody, Appfolio IPOs might be start of South Coast tech boom

By   /  Friday, June 12th, 2015  /  Banking & Finance, Central Coast, Columns, Latest news, Opinion, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Mindbody, Appfolio IPOs might be start of South Coast tech boom

You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the Read More →

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Wearable tech could be next big thing in Tri-Counties

By   /  Friday, June 12th, 2015  /  Central Coast, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Wearable tech could be next big thing in Tri-Counties

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San Luis Obispo’s Mindbody expects $15 per share in IPO

By   /  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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Mindbody to list on Nasdaq, discloses family ties

By   /  Friday, June 5th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Mindbody to list on Nasdaq, discloses family ties

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Investors can decide not to put money into companies that damage environment

By   /  Friday, May 29th, 2015  /  Energy, Op/Eds, Personal Finance  /  Comments Off on Investors can decide not to put money into companies that damage environment

By Brad Stark and Kieran Osborne The pipeline breakage near Refugio State Beach is not only devastating to our environment and harmful to life on the Central Coast, but it also brings attention to how the oil industry is supported with investment dollars. The public relations battle with fossil fuels has been heating up for Read More →

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