Latest
By Staff Report / 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 →
Latest
By Staff Report / 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 →
Latest
By Staff Report / 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 →
Latest
By Staff Report / 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 →
Latest
By Erika Martin / Friday, April 17th, 2015 / Latest news, South Coast, Technology, Top Stories / Comments Off on Customer list, library drive $1.5B merger
It is the second largest tech acquisition in the tri-county region’s history, after the $6.9 billion purchase of Santa Barbara-based Software.com.
