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Waste Management hauls rival into court over loss of Thousand Oaks contract

By   /  Friday, July 30th, 2021  /  East Ventura County, Latest news, Law & Goverment, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Waste Management hauls rival into court over loss of Thousand Oaks contract

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Sun & Swell foods opens Ventura storefront as online sales boom

By   /  Friday, July 30th, 2021  /  Latest news, right, Small Business, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Sun & Swell foods opens Ventura storefront as online sales boom

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Vital Signs: Central Coast business owners see light at end of tunnel

By   /  Friday, July 30th, 2021  /  Latest news  /  Comments Off on Vital Signs: Central Coast business owners see light at end of tunnel

For the first time since the COVID-19 pandemic began, a majority of businesses in San Luis Obispo and northern Santa Barbara counties were open without restrictions in June, according to the latest survey by the Central Coast Coalition of Chambers. The coalition has been surveying business owners every other month since shortly after the pandemic Read More →

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Dole down 9.4% in first day on NYSE

By   /  Friday, July 30th, 2021  /  Agribusiness, Banking & Finance, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Dole down 9.4% in first day on NYSE

Westlake Village-based Dole is publicly traded once again, after raising $400 million in a July 30 initial public offering. The IPO was a bit of a letdown for Dole. The company priced its shares at $16 only to see them open at $15 and then drop to $14.50 by the end of the trading day, Read More →

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Founders Community Bank changes its name

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Founders Community Bank changes its name

Founders Community Bank, which has two branches in San Luis Obispo County, has rebranded as Premier Valley Bank. In a July 29 news release, the bank announced the name change but said that ownership and leadership will remain unchanged. The Fresno-based bank attributed its decision to rebrand as a way to unite its banking centers Read More →

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LTC Properties earnings rebound from pandemic lows

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC Properties earnings rebound from pandemic lows

LTC Properties saw its net income soar a year after the pandemic caused serious interruptions to the real estate investment trust’s business model. On July 29, the Westlake Village-based REIT reported its net income for the second quarter of 2021 at $18.1 million, or 46 cents per share — an increase of more than 900% Read More →

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Running shoe sales propel Deckers to profitable quarter

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Running shoe sales propel Deckers to profitable quarter

Goleta-based Deckers Brands started its 2021-22 fiscal year strong, reporting huge increases in earnings and revenue in quarterly results released after the markets closed July 29. The parent company of Ugg, Teva and other footwear brands delivered earnings of $48.1 million in the most recent quarter, or $1.71 per share, much better than the same Read More →