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Sientra faces disclosure lawsuits

By   /  Friday, December 18th, 2015  /  Health Care & Life Science, Latest news, Law & Goverment, left, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra faces disclosure lawsuits

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Judge orders Highway 101 widening project EIR to be redrafted

By   /  Thursday, December 17th, 2015  /  Latest news, Law & Goverment, Top Stories  /  Comments Off on Judge orders Highway 101 widening project EIR to be redrafted

A Santa Barbara County Superior Court judge ruled that part of the Highway 101 Widening Project Environmental Impact Report needs to be recalculated, but the decision is not expected to significantly delay the project. The estimated $428 million fourth stage of the undertaking includes adding high occupancy vehicle lanes in both directions through the 10.3-mile Read More →

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Court OKs bids for former Haggen stores in Tri-Counties

By   /  Wednesday, November 25th, 2015  /  Latest news, Top Stories  /  Comments Off on Court OKs bids for former Haggen stores in Tri-Counties

A Delaware bankruptcy court has approved six of the original seven bids for former Haggen stores throughout the Tri-Counties. The Washington-based grocery chain announced on Nov. 25 that the court approved the sale of 47 of its 164 stores. Pending successful deals with landlords, Albertsons will take over its former location at 1500 N. H Read More →

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Sientra collapse doomed execs

By   /  Friday, November 20th, 2015  /  Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra collapse doomed execs

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Citrix to layoff 1,000 employees, spin off GoToMeeting

By   /  Tuesday, November 17th, 2015  /  Latest news, South Coast, Top Stories  /  1 Comment

Citrix Systems Inc., the cloud-services company, is planning to cut about 1,000 jobs and spin off its Goleta-based GoToMeeting division rather than sell the online meeting organizer, it announced Nov. 17. Activist investor Elliott Management Corp. has been calling for change at the software firm. Citrix also noted that it would restructure its labor force, Read More →

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Goleta-based Sientra’s third quarter revenues down

By   /  Monday, November 16th, 2015  /  Earnings, Health Care & Life Science, Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Sientra’s third quarter revenues down

Sientra Inc. sales were down 6.9 percent in the third quarter of 2015 but the results were largely unaffected by recent pandemonium at the company. The Goleta-based company reported third quarter results on Nov. 16 for the quarter that ended on Sept. 30, just one week after European regulators pulled products made by Sientra’s Brazilian Read More →

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Update: Albertsons, Sprouts taking over Haggen stores in Tri-Counties

By   /  Friday, November 13th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Update: Albertsons, Sprouts taking over Haggen stores in Tri-Counties

This Haggen store in Santa Barbara is among 23 that are closing in the Tri-Counties.

Roxy’s Market’s bid for 2010 Cliff Drive in Santa Barbara may not come to fruition. Co-owner Mike Lawler successfully bid $75,000 for the rights to the soon-to-be-vacant Haggen store on the Mesa, but the landlord told him on Nov. 17 that he is looking for a larger national chain. Roxy’s has two smaller stores in Read More →