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QAD’s second-quarter profits drop despite record revenue

By   /  Wednesday, August 27th, 2014  /  Banking & Finance, Personal Finance, South Coast, Technology, Tri-County Economy  /  No Comments

Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the […]

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Billion-dollar bond bonanza bound for ballot box

By   /  Friday, August 15th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Personal Finance, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest […]

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Region’s entrepreneurs raise millions with crowdfunding

By   /  Friday, June 27th, 2014  /  Banking & Finance, Personal Finance, Small Business, Technology, Top Stories  /  Comments Off

According to data compiled by the Business Times, at least $6.3 million has been raised for crowdfunding projects in the Tri-Counties since 2010.

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Lawsuit alleges Montecito man sold stocks despite FINRA ban

By   /  Saturday, April 19th, 2014  /  Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy  /  Comments Off

A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor […]

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AmeriFlex celebrates 25 years of helping entrepreneurs

By   /  Friday, March 28th, 2014  /  Banking & Finance, Personal Finance, Small Business, South Coast, Top Stories, Tri-County Economy  /  Comments Off

After a quarter century in an industry that’s changed tremendously, AmeriFlex Financial Services is gearing up for its biggest year.

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Inogen IPO is subject to looser SEC rules

By   /  Friday, January 31st, 2014  /  Banking & Finance, Banking Industry, Central Coast, East Ventura County, Law, Personal Finance, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off

If Goleta-based Inogen goes public this year, it will be the first firm in the region to do so under new securities rules that make it easier for small companies to become listed on the major exchanges but also allow them to reveal less information to investors than their larger counterparts.

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Salem builds on conservative media empire with book publisher

By   /  Friday, January 31st, 2014  /  Banking & Finance, Personal Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off

Salem Communications Corp. is building a self-described “conservative media powerhouse” amid seismic changes in the industry.

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