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Industrial segments fuel record Q1 profits at Teledyne

By   /  Wednesday, April 23rd, 2014  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Industrial segments fuel record Q1 profits at Teledyne

Despite widespread defense cuts, industrial business drove record first-quarter sales and profits at Teledyne Technologies, prompting the Thousand Oaks-based industrial conglomerate to raise its full-year outlook.

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The eyes have it when it comes to Medicare payouts

By   /  Monday, April 21st, 2014  /  Central Coast, East Ventura County, Health Care & Life Science, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on The eyes have it when it comes to Medicare payouts

Of the 3,286 individual doctors in the Tri-Counties who billed Medicare for reimbursements in 2012, fewer than 1 percent received more than $1 million from the federal program.

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Lawsuit alleges Montecito man sold stocks despite FINRA ban

By   /  Saturday, April 19th, 2014  /  Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Lawsuit alleges Montecito man sold stocks despite FINRA ban

A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor Read More →

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Health care prices under scrutiny in Sansum-Cottage merger

By   /  Friday, April 18th, 2014  /  Health Care & Life Science, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Health care prices under scrutiny in Sansum-Cottage merger

As the regulatory review of the proposed merger between Cottage Health System and Sansum Clinic  stretches to the six-month mark, a recent federal court ruling points out key issues that arise when a dominant hospital system buys a major physician group. In an Idaho case decided earlier this year, the Federal Trade Commission intensely focused Read More →

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A dose of kindness: Vitamin Angels celebrates 20 years

By   /  Friday, April 18th, 2014  /  Nonprofits, South Coast, Top Stories, Tri-County Economy  /  Comments Off on A dose of kindness: Vitamin Angels celebrates 20 years

  The 1994 Northridge Earthquake turned Howard Schiffer’s priorities upside-down. After spending years as an entrepreneur in the natural products industry, the earthquake’s aftermath, particularly among marginalized communities, left Schiffer feeling helpless. He was also forced to confront the broader impacts his merchandise could have on public health. Using his business connections to secure product Read More →

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A premium on historic Oxnard: Barkley buys Bank of A. Levy site

By   /  Friday, April 18th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on A premium on historic Oxnard: Barkley buys Bank of A. Levy site

Al Barkley, left, and his son Griffin and wife Rebecca inside the historic Bank of A. Levy builing in downtown Oxnard. Al and Rebecca purchased and refurbished the property at 143 W Fifth St. and now lease it the family firm, Barkley Insurance & Risk Management.

A historic bank building in downtown Oxnard is now home to Barkley Insurance & Risk Management, a 20-year-old family firm.

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Hotel Oceana gets a new name as waterfront inns ready for boom

By   /  Friday, April 18th, 2014  /  Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Hotel Oceana gets a new name as waterfront inns ready for boom

The 122-room property at 202 W. Cabrillo Blvd. was purchased last month by Philadelphia-based investment firm HHM for $41.7 million, including the assumption of $24.9 million in mortgage debt.