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Nasdaq may boot area bank

By   /  Monday, November 2nd, 2009  /  Latest news  /  Comments Off on Nasdaq may boot area bank

The parent of Solvang-based Los Padres Bank, the third-largest banking firm in the Tri-Counties with 13 branches, faces potential removal from the Nasdaq exchange if the firm doesn’t boost its stock price. Harrington West Financial Group, a $1.1 billion-asset firm and the holding company for Los Padres, said in a release Nov. 2 that Nasdaq Read More →

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Sieg Borck finds niche in aerospace

By   /  Monday, November 2nd, 2009  /  Columns  /  Comments Off on Sieg Borck finds niche in aerospace

Sieg Borck is not a rocket scientist, but he certainly knows a lot of them. Products built by his Camarillo-based company, Hi-Temp Insulation, have helped carry astronauts into space and every day they keep thousands of airliners flying by dissipating the heat from their high-tech engines. As Stephen Nellis reports on this page, his 500-person Read More →

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Where sales are hot

By   /  Monday, November 2nd, 2009  /  Top Stories  /  Comments Off on Where sales are hot

Sales are taking off at Hi-Temp Insulation. The Camarillo company makes heat shielding and soundproofing for the aircraft and spacecraft industries. Its products protect against fires in the engines of Boeing   777s, wrap U.S. missiles in blankets to keep them warm in Alaskan silos and prevent the space shuttle’s wings from burning up when it re-enters Read More →

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Ventura County Business Bank spars over property

By   /  Monday, November 2nd, 2009  /  Top Stories  /  Comments Off on Ventura County Business Bank spars over property

A Ventura County lender is accusing the second-biggest bank in Los Angeles of mismanaging a real estate deal that may have given a U.S. congressman a $3 million discount on a foreclosed property. Oxnard-based Ventura County Business Bank sued Pasadena-based East West Bank in Ventura County Superior Court on Sept. 14 demanding to know more Read More →

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They

By   /  Monday, November 2nd, 2009  /  Columns  /  Comments Off on They

As we approach the end of October, Halloween forces us to think about things that are typically considered scary: monsters, witches, ghosts … the real estate market.   This year has seen some truly horrific home sales statistics, and now spooked real estate agents and developers can only dream of the good ol’ days when Read More →

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Small businesses get into acquisition mode

By   /  Monday, November 2nd, 2009  /  Uncategorized  /  Comments Off on Small businesses get into acquisition mode

The most obvious effect of a recession is that some businesses go away. Weak business plans, poor management or just being in the wrong industry at the wrong time can force companies under. But a recession also offers strong businesses large and small an opportunity to expand and to grab market share and offer customers Read More →

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iPhone central

By   /  Monday, November 2nd, 2009  /  Uncategorized  /  Comments Off on iPhone central

Two tech trends have emerged as unstoppable in recent years: The growing reliance on smartphones for most of our day-to-day computer needs, and software as a service, the idea that you can deliver software over the Web and charge for the service rather than a copy of the application’s code. So what do you get Read More →