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Teledyne shares dip despite jump in Q4 profits

By   /  Thursday, January 23rd, 2014  /  Earnings, East Ventura County, Latest news, Technology  /  Comments Off on Teledyne shares dip despite jump in Q4 profits

Shares of defense and industrial conglomerate Teledyne Technologies sank 1.6 percent in midday trading on Thursday despite higher sales and profits from the Thousand Oaks-based firm.

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Cruise ship industry floats $2.4M into Santa Barbara

By   /  Wednesday, January 22nd, 2014  /  Latest news, South Coast, Tourism  /  Comments Off on Cruise ship industry floats $2.4M into Santa Barbara

The cruise ship industry had an estimated $2.4 million economic impact on Santa Barbara last year, with more than 50,000 passengers visiting the city, according to a recently released survey.

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Amgen enters into deals for colon cancer, IBD treatments

By   /  Friday, January 17th, 2014  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen enters into deals for colon cancer, IBD treatments

Thousand Oaks-based Amgen has entered into two new collaborations, one involving treatment for colon cancer and another regarding therapies for inflammatory bowel disease.

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Armstrong lands construction contract for Children’s Museum

By   /  Friday, January 17th, 2014  /  Columns, Real Estate, South Coast, Tourism  /  Comments Off on Armstrong lands construction contract for Children’s Museum

Construction on a 17,000-square-foot Children’s Museum in Santa Barbara kicks off this summer. Area general contractor Armstrong Associates has been tapped to build the new museum at 125 State St., adjacent to the train station.

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Ty Warner avoids prison time for tax evasion

By   /  Tuesday, January 14th, 2014  /  Latest news, Law & Goverment, South Coast, Top Stories, Tourism  /  Comments Off on Ty Warner avoids prison time for tax evasion

Toy magnate and Santa Barbara hotelier Ty Warner has avoided prison time, instead landing probation and community service at a Jan. 14 court hearing in Chicago.

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Heritage Oaks CFO resigns

By   /  Tuesday, January 14th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories  /  Comments Off on Heritage Oaks CFO resigns

Mark Olson has resigned from his position as chief financial officer and executive vice president at Paso Robles-based Heritage Oaks Bancorp, tied as the largest bank based in the region with about $1.2 billion in assets.

Latest

Suneva Medical raises $35M for skin treatments

By   /  Friday, January 10th, 2014  /  Health Care & Life Science, South Coast, Technology, Top Stories  /  Comments Off on Suneva Medical raises $35M for skin treatments

Suneva Medical, a San Diego aesthetics company with executive offices in Santa Barbara, has raised $35 million in debt and equity financing, bringing its total funding to $70.5 million over the past two years.