Sientra settles public offering lawsuits for $10.9 million
Goleta-based breast implant manufacturer Sientra announced a $10.9 million settlement Oct. 28 in two lawsuits that shareholders filed over the timing of the second public offering the company held in September 2015. Sientra announced in a news release that the company will pay $10.9 million to six parties in cases in federal court in Los Read More →
Measure AA, Measure F deserve voter support
Ventura County has a lot at stake in the 2016 election. Voters on Nov. 8 will be asked to weigh in on two key issues that will help chart the future of the county and surrounding areas. The first is transportation. With Measure AA, which this newspaper has endorsed, voters are being asked to approve Read More →
Don’t let overhead kill your business
By Lee Schuh Many businesses consider overhead to be the No. 1 impediment to reaching their business goals. However, it isn’t overhead that is the problem but rather the results of poor planning for the future growth of the business. This is certainly true for companies growing relatively fast. We will use the term overhead Read More →
More than 2,500 people turn out for Latino Business Expo
More than 2,500 people from Ventura County attended the Latino Business Expo on Oct. 27 at the Ventura County Fairgrounds. The twice-a-year event featured exhibits from 122 businesses and nonprofits. Among the more popular displays were those for Tequila Alquimia and rival spirits maker Sin Rival — both were handing out free samples. Businesses in Read More →
Net income up at Community West Bancshares
Community West Bancshares said third quarter net income was $1.5 million, up from $1.1 million in the second quarter and on pace with year-earlier earnings. For the nine months ended Sept. 30, the bank reported net income of $3.9 million versus $1 million for the prior year; loans grew 12.9 percent to $601.9 million on Read More →
Merger of AT&T, Time Warner has a familiar ring
Thirty five years ago, I was a reporter for Springfield Newspapers in Massachusetts when AT&T was broken up and the era of the “Baby Bells” began. That era effectively ended this month when a reconstituted AT&T announced a $68 billion merger with Time Warner, the owner of Warner Brothers, HBO, CNN and other assets that Read More →
Deckers sales down but earnings up for second quarter
Deckers Brands, the Goleta-based footwear, apparel and accessories company, announced net sales of $485.9 million and earnings per diluted share of $1.21 for the second quarter ended Sept. 30. Sales were down slightly from $486.9 million for the same period last year, primarily for the company’s UGG and Teva brands, but earnings were up 9 Read More →
