April 26, 2024
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Ventura County’s ripe farm loan market drives $15.3M bank deal

By   /  Friday, July 25th, 2014  /  Agribusiness, Banking & Finance, Banking Industry, East Ventura County, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Ventura County’s ripe farm loan market drives $15.3M bank deal

Sierra Bancorp is placing a $15.3 million bet on the agricultural bounty of Ventura County. The Porterville-based parent company of Bank of the Sierra said July 17 that it is purchasing Santa Paula-based Santa Clara Valley Bank in an all-cash deal that includes three branches and $105 million in deposits. The deal gives the Central Read More →

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Allergan’s South Coast exit reshapes breast implant industry

By   /  Friday, July 25th, 2014  /  Health Care & Life Science, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Allergan’s South Coast exit reshapes breast implant industry

The region’s status changed dramatically on July 21 when Irvine-based Allergan announced that it would shutter its Santa Barbara operations and eliminate 300 jobs there.

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Announcing the 2014 Spirit of Small Business winners

By   /  Friday, July 25th, 2014  /  Central Coast, East Ventura County, Green Coast, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County, Women Inc.  /  Comments Off on Announcing the 2014 Spirit of Small Business winners

The Pacific Coast Business Times is pleased to announce our 2014 class of Spirit of Small Business award winners. The annual special section, now in its 12th year, celebrates small-business ownership and entrepreneurship in the Tri-Counties.

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A clean start: Emissions firm names new CEO, moves back home

By   /  Friday, July 25th, 2014  /  Real Estate, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on A clean start: Emissions firm names new CEO, moves back home

Clean Diesel Technologies has a new CEO and an old headquarters.

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Keeping Score: Nonprofit business advisers celebrate 50 years

By   /  Friday, July 25th, 2014  /  Central Coast, East Ventura County, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Keeping Score: Nonprofit business advisers celebrate 50 years

  The business-advice nonprofit Score just turned 50, but the advice it provides is ageless. The national organization is celebrating its 50th anniversary this year, and the San Luis Obispo branch is celebrating 30 years. For half a century, Score has provided free or low-cost mentoring and workshops to entrepreneurs and business owners around the Read More →

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Pacific Hospitality plans multimillion-dollar facelift for Bacara

By   /  Friday, July 25th, 2014  /  Real Estate, Top Stories, Tourism  /  Comments Off on Pacific Hospitality plans multimillion-dollar facelift for Bacara

The 360-room Bacara Resort & Spa is slated to undergo a multimillion-dollar top-to-bottom renovation in coming years.

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Deckers shares jump as firm raises full-year outlook on higher Q1 sales

By   /  Thursday, July 24th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers shares jump as firm raises full-year outlook on higher Q1 sales

  Shares of Deckers Outdoor Corp. hopped 5.6 percent in after-hours trading on July 24 as the footwear firm reported better-than-expected sales and raised its outlook for the full year. The firm’s loss widened to $37.1 million, or $1.07 per share, compared to a loss of $29.3 million in the same period a year earlier. Read More →