MB&T
Champions in Health Care
LAVA
Loading...
You are here:  Home  >  Tri-County Economy
Latest

Boxer, Feinstein, Markey demand answers over SB County oil spill

By   /  Thursday, May 28th, 2015  /  Energy, Latest news, South Coast, Top Stories, Tourism, Tri-County Economy  /  No Comments

A California Highway Patrol officer warns volunteers who showed up May 20 to clean up oil near Refugio State Beach from a 21,000-gallon pipeline spill to leave the area because it was too hazardous.Photo by Debra Giles

U.S. Sens. Barbara Boxer, D-CA, Dianne Feinstein, D-CA, and Edward J. Markey, D-MA, on May 28 sent a letter to the Pipeline and Hazardous Materials Safety Administration calling for more information about the rupture of a pipeline The senators wrote, “Following one of the most devastating oil spills in California history, we need answers about […]

Read More →
Latest

Deckers posts record Q4 revenue, beats Wall Street expectations

By   /  Thursday, May 28th, 2015  /  Earnings, Latest news, South Coast, Top Stories  /  No Comments

Goleta-based footwear and apparel company Deckers managed to smash Wall Street expectations in its fiscal 2015 fourth quarter earnings. The company recorded a $1.4 million profit for the quarter after posting a loss in the same period last year. Deckers also had record revenue of $340.6 million for the quarter, an increase of 15.6 percent […]

Read More →
Latest

Oil pipeline owners may face more than fines for Santa Barbara County spill

By   /  Friday, May 22nd, 2015  /  Energy, Latest news, South Coast, Top Stories, Tourism  /  No Comments

A California Highway Patrol officer warns volunteers who showed up May 20 to clean up oil near Refugio State Beach from a 21,000-gallon pipeline spill to leave the area because it was too hazardous.Photo by Debra Giles

California Attorney General Kamala D. Harris on Friday said her office is actively working with the Santa Barbara District Attorney’s office and state and federal agencies to investigate the incident.

Read More →
Latest

Milo takes home top honors at UCSB’s New Venture Competition

By   /  Friday, May 22nd, 2015  /  Latest news, South Coast, Technology, Top Stories  /  No Comments

Daniel Imberman (left) and Bob Lansdorp are a part of the Milo team that created an electronic wristband that processes sweat to monitor blood alcohol level. Milo took home a total of $20,000 at the UCSB New Venture Competition Thursday evening.

Six teams emerged from an initial 40 to vie for a pool of $41,500 in cash prizes at the competition, which has been around for 16 years and has produced companies like BioIQ, Phone Halo, Sirigen and Inogen.

Read More →
Latest

AppFolio files for $100M IPO

By   /  Tuesday, May 19th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Appfolio co-founder Klaus Schauser will be honored at The South Coast Business & Technology Awards in June. (Stephen Nellis photo)

  Goleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of […]

Read More →
Latest

Mindbody targets global expansion with IPO

By   /  Monday, May 11th, 2015  /  Banking & Finance, Central Coast, Latest news, Technology, Top 25 lists, Top Stories, Tri-County Public Companies  /  No Comments

Mindbody CEO Rick Stollmeyer. (Business Times file photo)

In a deal that’s been heralded as the first non-bank stock offering in decades for a company based in San Luis Obispo, Mindbody filed its offering statement with the Securities and Exchange Commission on May 11.

Read More →
Latest

ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  No Comments

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on […]

Read More →