Real Estate: L.A. firm buys Ventura complex, hints at more purchases to come
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Olaplex shares plummet after company cuts guidance
Shares of Montecito-based Olaplex dropped more than 50% on Oct. 19 after the hair care products company slashed its revenue guidance for the full 2022 fiscal year fiscal. Olaplex shares closed at $4.24 on Oct. 19, down 56.7% from the previous day’s close. The company released preliminary third quarter earnings on Oct. 18, with executives Read More →
ExxonMobil buys damaged Plains All American oil pipeline
For more than seven years, ExxonMobil has left its oil in the ground off the coast of Santa Barbara County, with no way to transport it since the rupture of Plains All American’s pipeline near Refugio State Beach. Now ExxonMobil will take a shot at moving the oil itself, after purchasing the broken pipeline from Read More →
Wine Buzz: Alma Rosa, a pioneering winery, moves into a new era
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A rocky first year on the Nasdaq for Olaplex
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Jeannine’s owner recounts 35 years of breakdowns and breakthroughs
After Alison Hardey graduated from Stanford University in the 1980s, and decided her dream of becoming a professional tennis player was going to remain a dream, she moved back home to Santa Barbara and went to work for her father’s real estate firm. She felt a bit unmoored, she says today. One thing that kept Read More →
Yardi acquires Canadian software firm
Yardi, a Santa Barbara-based property management software company, announced Oct. 11 that it had acquired Planimetron, a Toronto company that provides digital visualizations for the real estate industry. Terms of the deal were not disclosed. Yardi said it will “rebuild and rebrand” Planimetron’s platform, Propidex, and relaunch it sometime in 2023 as Space Manager, a Read More →
