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By Marlize van Romburgh / Friday, March 21st, 2014 / Banking & Finance, Banking Industry, Real Estate, Top Stories / Comments Off on Cashing out: Bank of America consolidates Simi operations
Bank of America has shed a 1 million-square-foot portfolio of former Countrywide Financial Corp. office buildings for $200 million and plans to consolidate its Simi Valley campus.
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By Staff Report / Tuesday, March 18th, 2014 / Banking & Finance, Law & Goverment, Real Estate, Technology, Top Stories, Tri-County Public Companies / Comments Off on Move sues after Realtor.com chief leaves for rival Zillow
Move Inc., operator of Realtor.com, has sued a former employee and much-larger competitor Zillow, alleging theft of trade secrets.
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By Stephen Nellis / Friday, March 14th, 2014 / Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Bain Capital debt strikes sour note at Guitar Center
With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.
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By Stephen Nellis / Friday, February 14th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Conversant dials down on new ad strategy
Conversant will align all of its business units — including a new SET Media video unit that it acquired for $26 million in cash and $4 million in stock days after its name change — around the goal of direct conversations between advertisers and consumers.