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By Stephen Nellis / Friday, September 14th, 2012 / Banking & Finance, Technology, Top Stories / Comments Off on Fardad draws $40M card in digital ad game
Farshad Fardad has raised $60 million and used $40 million of it to buy a Canadian firm in a bid to build a digital marketing conglomerate big enough to compete with the likes of ValueClick and the region’s other top names. Fardad is CEO of Westlake Village-based GlobalWide Media, founded in 2007. In May, the Read More →
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By Henry Dubroff / Thursday, September 13th, 2012 / Latest news / Comments Off on MarBorg discusses $40M recycling center in SB
Closing the loop on eight decades in business, Santa Barbara-based MarBorg Industries is returning to the full-cycle business model it pioneered in the years before the Great Depression. In remarks to the Santa Barbara Executive Roundtable on Sept. 13, Marborg General Manager Derek Carlson described how the company’s planned materials recycling center in the East Read More →
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By Staff Report / Thursday, September 13th, 2012 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Dole nears deal with Itochu
Westlake Village-based Dole Food Co. is closing in on a deal to sell its processed food business and Asian fresh fruit and vegetable businesses to a Japanese trading house. In an unusual move, Dole confirmed market rumors on Sept. 12 that it is in “advanced negotiations” with Itochu Corp. to sell the business units. Reuters Read More →
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By Marlize van Romburgh / Tuesday, September 11th, 2012 / Latest news, Law & Goverment, Real Estate / Comments Off on Courthouse project slashed by one third
State officials have chopped plans for a new criminal courthouse in Santa Barbara from three stories to two and slashed its square footage by one-third in the face of budget cuts. Instead of constructing a new building, the existing Figueroa Street structure will used as the basis for an expansion. The new courthouse slated for Read More →
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By Dana Olsen / Monday, September 10th, 2012 / Latest news / Comments Off on Limoneira earnings, lemon sales on the rise
Limoneira Co. reported third-quarter profits of $5.1 million, a jump from the $1.5 million the company earned during the second quarter as lemon sales surged. The Santa Paula-based lemon grower’s third-quarter earnings are equal to 45 cents per share, up from 41 cents per share for the third quarter of last year. Earnings per share Read More →
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By Henry Dubroff / Friday, September 7th, 2012 / Columns, Opinion / Comments Off on Stability fund could pave way for California out of budget hole
A stability fund should be put into place to hold and recycle windfall IPO tax revenue.
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By Staff Report / Friday, September 7th, 2012 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Election spending could be windfall for Salem
By Julian Moore on Sept. 7, 2012 Camarillo-based media company Salem Communications, which serves up conservative political commentary on sites such as HotAir.com and dozens of talk radio stations across the country, is in a position to tap new revenue streams this election season. [wikichart align=”right” ticker=”NASDAQ:SALM” showannotations=”true” livequote=”true” startdate=”07-03-2012″ enddate=”07-09-2012″ width=”300″ height=”245″] Media experts Read More →