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MIT Enterprise Forum of the Central Coast heats up with thermal imaging

By   /  Thursday, June 18th, 2015  /  Central Coast, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on MIT Enterprise Forum of the Central Coast heats up with thermal imaging

A rare packed house filled the Cabrillo Pavilion Arts Center Wednesday night for the MIT Enterprise Forum of the Central Coast. The monthly event brings together businesses and technology experts to educate and inform entrepreneurs. Wednesday night, executives from Santa Barbra’s thermal imaging sector came together to inform entrepreneurs about the possibilities in thermal imaging. Read More →

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Allergan buying Westlake Village-based Kythera Biopharmaceuticals Inc.

By   /  Wednesday, June 17th, 2015  /  East Ventura County, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Allergan buying Westlake Village-based Kythera Biopharmaceuticals Inc.

Just a few months after it shut a Santa Barbara facility, Botox-maker Allergan has re-entered the Tri-Counties, agreeing to buy Kythera Biopharmaceuticals Inc. for about $2.1 billion. The deal will add the Westlake Village-based Kythera’s treatments for double chins and male pattern baldness to Allergan’s existing line of products, including a breast implant operation formerly Read More →

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Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

By   /  Monday, June 15th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →

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Goleta’s Community West Bancshares settles with Residential Funding Company

By   /  Friday, June 12th, 2015  /  Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Goleta’s Community West Bancshares settles with Residential Funding Company

Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →

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Mindbody, Appfolio IPOs might be start of South Coast tech boom

By   /  Friday, June 12th, 2015  /  Banking & Finance, Central Coast, Columns, Latest news, Opinion, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Mindbody, Appfolio IPOs might be start of South Coast tech boom

You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the Read More →

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Wearable tech could be next big thing in Tri-Counties

By   /  Friday, June 12th, 2015  /  Central Coast, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Wearable tech could be next big thing in Tri-Counties

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San Luis Obispo’s Mindbody expects $15 per share in IPO

By   /  Wednesday, June 10th, 2015  /  Central Coast, Latest news, Technology, Top 25 lists, Tri-County Public Companies  /  Comments Off on San Luis Obispo’s Mindbody expects $15 per share in IPO

MindBody, the San Luis Obispo-based software company poised to go public, told regulators June 8 that it expects to raise as much as $123 million in a 7.15 million share offering that could be priced as high as $15 per share. MindBody said in a revised Securities and Exchange Commission filing that it anticipates a Read More →

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