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By Marlize van Romburgh / Friday, March 1st, 2013 / Banking & Finance, Personal Finance, Top Stories / Comments Off on Saddled with debt, Nuveen shakes up Santa Barbara Asset Management
The debt-burdened parent of the largest wealth management firm in the region is shaking up the Santa Barbara company’s leadership ranks. Michael Mayfield, CEO and co-chief investment officer of Santa Barbara Asset Management, is retiring from the firm effective March 1, after 18 years with the company. James Boothe, a portfolio manager at the Santa Read More →
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By pacbiztimes / Friday, March 1st, 2013 / Top Stories, Tri-County Economy / Comments Off on Defense leaders: Sequestration would be felt throughout region
Potential furloughs, hiring freezes and other spending cutbacks to the region’s defense institutions could send an economic ripple effect through the Tri-Counties, according to economists and industry leaders. The 2011 Budget Control Act aims to reduce the government’s deficit and will trigger $85 billion budget-wide spending cuts on March 1. The federal spending cuts, also Read More →
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By pacbiztimes / Friday, February 22nd, 2013 / Central Coast, Technology, Top Stories / Comments Off on Hardy Diagnostics buys new Midwest manufacturing site
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By Stephen Nellis / Friday, February 22nd, 2013 / Technology, Top Stories / Comments Off on BAROnova backers bet $27.3M on obesity device
Goleta-based BAROnova has raised $27.3 million to fund clinical trials of its obesity treatment, bringing the medical device firm’s total funds raised to date to $41.3 million. The company is developing a product it calls the TransPyloric Shuttle. The firm said the device may be able to slow the digestion process and create the sensation of Read More →
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By Stephen Nellis / Friday, February 22nd, 2013 / Technology, Top Stories / Comments Off on RightScale plans hiring spree with fresh $15.6M
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By Marlize van Romburgh / Friday, February 15th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies / Comments Off on PennyMac jobs top 600 as firm files for IPO
Moorpark-based PennyMac Financial Services has filed papers for a $287.5 million initial public offering on the New York Stock Exchange. The venture was founded in 2008 by Stanford Kurland, the former No. 2 executive at Countrywide Financial Corp., the defunct subprime mortgage lender at the heart of the financial crisis. Moorpark Community Development Director David Read More →
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By Marlize van Romburgh / Friday, February 15th, 2013 / Real Estate, Top Stories, Tourism / Comments Off on Stalled Parker hotel teams with Post Ranch Inn
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