$130 million investment one of region’s biggest deals
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Read More →Tri-county vintners celebrate most popular wine in U.S.
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Read More →Plains ordered to take more corrective actions before restarting Lines 901 and 903
Updated on June 17 at 10:50 a.m.: Federal regulators have ordered Plains All American Pipeline to improve its inaccurate pipeline inspection process, implement better leak detection measures such as installing additional shutoff valves, expand its emergency training, and repair the pipeline before restarting Line 901. The Pipeline and Hazardous Materials Safety Administration issued on June 16 its Read More →
Read More →Santa Barbara’s QAD announces dividend
Santa Barbara cloud software manufacturer QAD announced a dividend of .072 cents per share of Class A common stock June 15. The company also said it would pay .06 cents per share of Class B common stock. Both dividends will be paid to investors who are shareholders on July 7. QAD announced the dividend after Read More →
Read More →Court delays hearing on Plains’ motion to seal Refugio oil spill transcripts
Santa Barbara Superior Court will review Plains All American Pipeline’s motion to seal the transcripts of its indictment from the Refugio oil spill on June 30, the same day of the arraignment. The hearing was continued on the morning of June 16. Plains filed a motion on May 27 to seal all California grand jury Read More →
Read More →Santa Barbara’s LogicMonitor gets $130 million investment
A fast-growing Santa Barbara IT firm has hit it big with a $130 million capital raise. LogicMonitor, headquartered at two offices in Santa Barbara, said Providence, R.I.,-based Providence Equity Partners invested $130 million in the IT service firm June 16. Steve Francis created the cloud-based service in 2008 that allows businesses or IT departments to Read More →
Read More →American Riviera Bank expands into former home of Bank of Santa Barbara
Santa Barbara-based American Riviera Bank expanded its residential lending department into new office space at 18 E. Figueroa St. in downtown Santa Barbara, President and CEO Jeff DeVine announced on June 13. The space was formerly home to the Bank of Santa Barbara, which was acquired in January by American Riviera in an all-stock deal Read More →
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