Lure Fish House property in Westlake Village sold
Story updated Oct. 13 at 10 p.m.: The Lure Fish House property in Westlake Village was sold for $6 million to private investor Lucrit LLC, Westcord Commercial Group announced on Oct. 10. The 7,470-square-foot property sits on a 1.76-acre parcel at 30970 Russell Ranch Road. Tony Principe of Westcord and Kamal Banki represented the buyer Read More →
Read More →LTC Properties increases dividend to 19 cents per share
Westlake Village-based LTC Properties increased its monthly dividend on its common stock to 19 cents per share for the fourth quarter, the company announced on Oct. 3. The dividend was a 5.6 percent increase from the 18-cent dividend in the previous quarter. It is payable on Oct. 31, Nov. 30 and Dec. 30 to stockholders Read More →
Read More →Kmart sued for violating UCSB patent on LED bulbs
A South Korean semiconductor company recently sued Kmart for allegedly violating a UC Santa Barbara professor’s patent on LED light bulbs. Seoul Semiconductor sued Kmart Corp. in federal court in Los Angeles Sept. 9 for allegedly violating several patents, including one owned by UCSB Professor Shuji Nakamura. The lawsuit accuses Kmart of making, using, importing Read More →
Read More →O’Brian’s passion for community service inspired thousands
When the Business Times had a chance to speak with legendary actor Hugh O’Brian, we jumped at the chance. The opportunity came about five years ago as the “Hugh O’Brian Youth Leadership” program, a national nonprofit, was beginning to raise its profile in the region. One of those hidden gems of East Ventura County, the Read More →
Read More →California Economic Forecast predicts no recession in 2016 or 2017
Economic indicators do not point to a recession this year or next, according to research from the California Economic Forecast. Nationwide, consumer confidence is near a seven-year high and corporate profits are trending up, which slumped prior to the Great Recession. And even though more people are buying cars and homes, household debt levels are Read More →
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Amgen alumni start their own biotech companies
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Read More →Interlink revenues, profits, earnings per share rise slightly
Interlink Electronics’ revenues increases slightly, profits increased slightly and earnings per share increased slightly during the second quarter, the company said Aug. 15 when it released second quarter earnings results. Based in Westlake Village, Interlink Electronics manufactures sensors used in portable electronic devices. Revenues increased 7 percent during the quarter from $2.8 million in 2015 Read More →
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