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By Pacific Coast Business Times Staff / Monday, November 23rd, 2009 / Features / Comments Off on Westlake
Move Inc., the realty-related Westlake Village online firm that has only turned in a profit three times since 1993 and whose stock has lost more than 90 percent since its bubble-fueled peak, has moved. Sort of. The company is the parent of Move.com and Realtor.com, Web sites aimed at selling homes and connecting Realtors Read More →
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By Pacific Coast Business Times Staff / Monday, November 23rd, 2009 / Top Stories / Comments Off on Big changes in store for area chambers
Ventura Chamber of Commerce President and Chief Executive Officer Zoe Taylor is stepping down, marking the latest — but not the last — shift in the way chambers do business in the Tri-Counties. Taylor’s resignation comes on the heels of an exceptionally bad year for the chamber of commerce industry. With membership slipping, the regional Read More →
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By Pacific Coast Business Times Staff / Monday, November 23rd, 2009 / Top Stories / Comments Off on City still waits for wind firm
Continental Wind Power has made big promises to the people of Santa Paula, but there are signs that the young company is struggling to meet its self-imposed deadline for a new assembly plant. On June 30, Continental President and Chief Executive Officer Jim Winsayer stood before a crowd at Santa Paula’s City Hall. He said Read More →
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By Pacific Coast Business Times Staff / Monday, November 23rd, 2009 / Top Stories / Comments Off on Black Friday dreams
Just months after the Camarillo Premium Outlets unveiled its massive expansion, the retail center will be put to the ultimate test, facing one of the most challenging holiday shopping seasons in recent history. In response to the downturn, price-conscious consumers have adopted new shopping strategies to help them wring every last cent from their hard-earned Read More →
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By Staff Report / Friday, November 20th, 2009 / Latest news / Comments Off on Breaking news: Weyrich auction postponed
UPDATE: The auctioning off of San Luis Obispo businessman David Weyrich’s properties on York Mountain Road near Templeton and Los Ranchos Road near San Luis Obispo was postponed Friday morning — at the beneficiaries’ request — until Tuesday Nov. 24. • Click here to read the previous story and check the Nov. 27 print issue Read More →
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By Staff Report / Wednesday, November 18th, 2009 / Latest news / Comments Off on Pacific Capital shares up 35 percent
Shares of Pacific Capital Bancorp soared 35 percent in unusually heavy trading on Nov. 18 as the stock closed at 91 cents. Volume was more than 2 million shares compared with the normal 1.3 million shares daily. No news was announced, but as earlier reported, the region’s largest banking company has been seeking a buyer Read More →
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By Staff Report / Wednesday, November 18th, 2009 / Latest news / Comments Off on Semtech announces profit, acquisition
Camarillo-based chipmaker Semtech, which makes parts for the BlackBerry and other mobile phones, announced an $11.9 million third-quarter profit Nov. 18 and said it had purchased Irvine-based chipmaker Sierra Monolithics for $180 million in cash. Revenues were down 6 percent from a year ago to $75.1 million, but that figure represented a 13 percent increase Read More →