ValueClick moves could point to acquisition
UncategorizedDespite 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 →
Bailing out the party crowd
UncategorizedEach 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 →
Mixed signals from the top ruin strong economic foundations
OpinionAs an awful year for business heads for the history books, we’re going to sound a couple of warning notes about 2010. What troubles us more than anything else are what economists like to call “externalities” — events clearly beyond control of those of us who operate in the Tri-Counties. Here’s a look at two Read More →
These towns are not afraid of big chances
ColumnsThrow deep. That’s not always the best economic development strategy. But in the case of North Santa Barbara County, there are two large-scale projects in the very earliest of stages that could become the job-generating engines for the next economic cycle in the Tri-Counties. Before you put down your newspaper and wonder out loud what Read More →
