<strong>Mixed predictions</strong>
Columnsfor SB economy Vital Signs At a Santa Barbara Executive Roundtable this month the mood did not seem optimistic for the nation’s economic outlook. “There is no soft landing in sight,” said Mark Schniepp of the California Economic Forecast in Santa Barbara. “Recession is inevitable. He presented results from a recent Gallup poll showing Read More →
Olaplex struggles despite beating expectations
Latest newsMontecito-based Olaplex beat analysts’ expectations with its financials for the third quarter of 2022, but the company’s shares are still struggling after it slashed its full-year guidance. Olaplex, a seller of hair-care products, reported revenue of $176.5 million for the quarter ended Sept. 30, an increase of 9.2% from the same period a year ago. Read More →
Velocity picks up speed with revenue and income growth
Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura CountyVelocity Financial, a real estate finance company based in Westlake Village, reported increases in both revenue and net income for the third quarter, compared to a year earlier. Velocity’s net income grew to $10 million from $8 million, an increase of 24.4%, while its diluted earnings per share grew to 29 cents from 23 cents, Read More →
Street Smarts: Latest legal salvo in dispute between Powers and Ventura County
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SRAX files past-due annual report, fights Nasdaq delisting
Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Technology, Top Stories, Tri-County Public Companies, Ventura CountyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Good Works: CLU gets $3M in career grants; WEV marks Women’s Small Business Month
Latest news, NonprofitsCalifornia Lutheran University was awarded just under $3 million in grants from the U.S. Department of Education to help students with career pathways and professional development. Most of the money — $2.8 million — is in the form of a five-year grant from the federal Vocational Identity and Talent in Academic Learning program, or VITAL, which Read More →
Street Smarts: American Pickers looks to pick a few good collectors in California
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