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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Uncategorized / Comments Off on ValueClick moves could point to acquisition
Despite turning in a $25 million profit last quarter, Westlake Village-based online marketing firm ValueClick disappointed Wall Street analysts with a gloomy revenue forecast for the fourth quarter. But the company has quietly signed more than 70,000 square feet of new lease agreements and stockpiled hundreds of millions of dollars in cash and untapped credit Read More →
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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Uncategorized / Comments Off on Bailing out the party crowd
Each year on Halloween, tens of thousands of partiers descend on Isla Vista near the University of California, Santa Barbara, and most stores within a 10-mile radius stock up on booze to meet the swell in demand. The results this year: 25,000 revelers, 311 arrests and 701 citations, according to the Santa Barbara County Sherriff’s Read More →
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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Opinion / Comments Off on Area Republicans set example for the GOP
At first blush, there doesn’t seem to be too much connection between Nao Takasugi and Abel Maldonado. They are generations and miles apart in their backgrounds. But Takasugi, who passed away Nov. 19 at age 87, and Maldonado, who was nominated to the lofty post of lieutenant governor shortly before Thanksgiving, do share plenty of Read More →
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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Opinion / Comments Off on Montecito Bank & Trust shares the wealth
It’s nice to see traditions get established — especially when it comes to philanthropy. That’s why we once again recognized Montecito Bank & Trust for its seventh annual Community Dividends program, where some 150 area nonprofits shared in $1 million in grants at a luncheon on Nov. 23. The privately held bank, which has nine Read More →
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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Top Stories / Comments Off on San Luis Obispo jet center breaks ground
A San Luis Obispo-based aviation company that provides private jet charters has broken ground on a $10 million corporate jet center near the regional airport. Aviation Consultants, a private company that runs the San Luis Jet Center, is building a massive new facility near the San Luis Obispo County Regional Airport. The nearly 80,000-square-foot project includes Read More →
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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Top Stories / Comments Off on Atascadero on the rise
For years now, the city of Atascadero has retained a strong resemblance to the mudhole for which it was named. Dominated by construction zones, detours and piles of dirt, the core of the city is usually one storm away from being a muddy mess. But one development — the Colony Square Project — could provide Read More →
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By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Top Stories / Comments Off on REC Solar soaks up wine, stimulus dollars
Wine profits and stimulus money are helping fuel expansion at one of the fastest-growing renewable energy companies on the Central Coast. San Luis Obispo-based REC Solar has expanded from 20 employees in 2005 to about 500 today and will install 1,700 solar systems this year. The company predicts that business in the agriculture sector — Read More →