May 1, 2024
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New DenMat HQ fuels Lompoc jobs

By   /  Saturday, June 29th, 2013  /  Real Estate, Technology, Top Stories, Tri-County Economy  /  Comments Off on New DenMat HQ fuels Lompoc jobs

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Investors wager $37.5M on Vitesse turnaround

By   /  Saturday, June 29th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Investors wager $37.5M on Vitesse turnaround

[wikichart align=”left” ticker=”VTSS” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] The markets gave Camarillo-based Vitesse Semiconductor’s turnaround strategy a vote of confidence June 25 as the company sold out a stock offering that netted it $37.5 million. The company closed an offering of 18.7 million shares at a price of $2.15 each for a gross of Read More →

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Credit unions ride membership surge to higher profits, assets

By   /  Friday, June 21st, 2013  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Credit unions ride membership surge to higher profits, assets

The region’s credit unions, increasingly the go-to financial institutions for consumers, are seeing a broad-based surge in earnings and assets. Out of the the five consumer credit unions based in the Tri-Counties, the largest three saw their earnings jump last year compared to 2011, while all five also saw their assets increase. At Ventura County Read More →

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Investors sue Continental Wind Power

By   /  Friday, June 21st, 2013  /  Law & Goverment, Technology, Top Stories, Tri-County Economy  /  Comments Off on Investors sue Continental Wind Power

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Cottage, Sansum deal signals M&A wave

By   /  Friday, June 21st, 2013  /  Health Care & Life Science, Top Stories, Tri-County Economy  /  Comments Off on Cottage, Sansum deal signals M&A wave

The two largest health care providers in Santa Barbara are in talks to merge just weeks after the city’s only free clinic system said it may shut down, potentially marking the emergence of a dominant market player with unprecedented power in price negotiations with private insurers and the government. Sansum Clinic and Cottage Health System Read More →

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Thornberg: SLO County poised to lead regional recovery

By   /  Friday, June 14th, 2013  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Thornberg: SLO County poised to lead regional recovery

With its wine grapes, relatively affordable housing and recovering labor market, San Luis Obispo County sits at the leading edge of the recovering in the Tri-Counties and statewide. That was the view from Chris Thornberg, founder of Los Angeles-based Beacon Economics, at the semi-annual Central Coast Economic Forecast held in Atascadero on June 6. Speaking Read More →

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Grass-to-gas firm to get $100M for first project

By   /  Friday, June 14th, 2013  /  Technology, Top Stories  /  Comments Off on Grass-to-gas firm to get $100M for first project

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