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Editorial: In post-Cole era, Ventura will need to reinvent itself

By   /  Friday, September 14th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: In post-Cole era, Ventura will need to reinvent itself

Ventura continues to have a reputation as a place where permits are hard to come by, where city planners are slow to respond and where the rules of the development game are not as transparent as they could be.

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Fardad draws $40M card in digital ad game

By   /  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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MarBorg discusses $40M recycling center in SB

By   /  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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Dole nears deal with Itochu

By   /  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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Courthouse project slashed by one third

By   /  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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Limoneira earnings, lemon sales on the rise

By   /  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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Stability fund could pave way for California out of budget hole

By   /  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.