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Mindbody targets global expansion with IPO

By   /  Monday, May 11th, 2015  /  Banking & Finance, Central Coast, Latest news, Technology, Top 25 lists, Top Stories, Tri-County Public Companies  /  Comments Off on Mindbody targets global expansion with IPO

In a deal that’s been heralded as the first non-bank stock offering in decades for a company based in San Luis Obispo, Mindbody filed its offering statement with the Securities and Exchange Commission on May 11.

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ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on ERG Resources files bankruptcy, business for sale

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →

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South Coast Biz Tech Awards: 2015 winners include Nobel winner, startups and a zoo

By   /  Friday, May 1st, 2015  /  Latest news, Technology, Tri-County Economy  /  Comments Off on South Coast Biz Tech Awards: 2015 winners include Nobel winner, startups and a zoo

A Nobel Prize winner, two recent IPOs, a cultural icon who knows how to innovate and a startup entrepreneur will be honored this year at the South Coast Business and Technology Awards. The Scholarship Foundation of Santa Barbara has announced that Nobel Laureate Shuji Nakamura, the founders of device makers Inogen and Sientra, the Santa Read More →

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Inogen earnings top Wall Street expectations again

By   /  Monday, April 27th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen earnings top Wall Street expectations again

Inogen, the Goleta-based maker of direct-to-consumer respiratory products, on April 27 reported fourth-quarter profit of $1.5 million. The company said it had net income of 7 cents per share. Earnings, adjusted for pretax gains, were 6 cents per share. Inogen, which produces oxygen concentrators for patients suffering from chronic respiratory conditions, posted revenue of $29.1 Read More →

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Smart & Final bulking up in Oxnard shopping center

By   /  Thursday, April 23rd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, West Ventura County  /  Comments Off on Smart & Final bulking up in Oxnard shopping center

Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly Read More →

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Amgen boosts outlook on positive first-quarter results

By   /  Tuesday, April 21st, 2015  /  Earnings, East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen boosts outlook on positive first-quarter results

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.

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Santa Barbara Airport gets $3M grant from FAA

By   /  Monday, April 20th, 2015  /  Central Coast, Latest news, South Coast, Top Stories  /  Comments Off on Santa Barbara Airport gets $3M grant from FAA

The Santa Barbara Municipal Airport is getting an infrastructure overhaul thanks to a Federal Aviation Administration grant of just over $3 million. Retiring Congresswoman Lois Capps announced the FAA funding, most of which will go toward the airport’s $3.37 million airfield lighting and safety project. “The project will improve airfield pavement, markings, lighting, and security Read More →

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