Gills Onions looks to biogas for future revenue
Steve Gill, president and co-founder of Gills Onions in Oxnard, said at an energy sustainability seminar in Westlake Village Oct. 23 that the next big technology push for his company will be to convert solid onion waste into methane gas to be sold as biomethane. That is a product that will be in demand as Read More →
Fraud verdict for former Countrywide unit
[wikichart align=”right” ticker=”NYSE:BAC” showannotations=”true” livequote=”true” startdate=”23-04-2013″ enddate=”23-10-2013″ width=”300″ height=”245″] A fraud verdict against Bank of America and its former Countrywide unit – once a major employer in East Ventura County – has handed the U.S. government a rare victory in a lawsuit that stems from the subprime mortgage meltdown and subsequent financial crisis. A Manhattan Read More →
Amgen profits leap in third quarter
Shares of Thousand Oaks-based Amgen climbed past the $117 mark in after-hours trading Oct. 22 as third-quarter results blew through analyst forecasts with profits rising 24 percent. The world’s biggest biotech company reported a profit of $1.37 billion, or $1.79 per share, on revenue of $4.75 billion. Analysts were forecasting revenue of $4.6 billion and Read More →
Heritage Oaks to buy Mission Community for $56M
Paso Robles-based Heritage Oaks Bancorp is buying Mission Community Bank of San Luis Obispo for $56.4 million in cash and stock, the firms announced Oct. 21. Under the terms of the deal, Mission Community shareholders will get $8 million in cash and about 7.5 million shares of Heritage Oaks stock. The deal is valued at Read More →
Central Coast opens doors for flood of Chinese tourists
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Ventura apartments sell for $82M
A 316-unit apartment complex in Ventura has changed hands for $82 million, one of the largest such deals in recent years. San Mateo-based private real estate investment management firm JB Matteson purchased the luxury Vanoni Ranch Apartments at 10676 Veronica Lane in Ventura. The seller was undisclosed. The apartment complex consists of 27 two-story buildings Read More →
Santa Barbara Foundation hands out honors
Santa Barbara County Schools Superintendent Bill Cirone and former KEYT Channel 3 owner Anne Smith Towbes shared the Santa Barbara Foundation’s 71st Man and Woman of the Year honors. Smith Towbes is the widow of the late Bob Smith, longtime owner of KEYT. Now married to Montecito Bank & Trust owner Mike Towbes, she was Read More →
