March 29, 2024
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Latest

Deckers reports earnings growth, record revenue

By   /  Thursday, October 29th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers reports earnings growth, record revenue

Deckers Brands, a footwear company based in Goleta, reported increases in sales and earnings in the most recent fiscal quarter, on the strength of major sales growth by its Teva and Hoka One One brands. Its earnings report for the second quarter of 2020-21, released Oct. 29, showed revenue up 15% from the same quarter Read More →

Latest

Santa Barbara County wine group abandons bid for BID

By   /  Thursday, October 29th, 2020  /  Agribusiness, Central Coast, Latest news, South Coast, Top Stories, Top Story, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Santa Barbara County wine group abandons bid for BID

The Santa Barbara County Vintners Association has abandoned its two-year effort to establish the world’s first wine business improvement district, or BID, as an answer to its longstanding problem of lagging behind other wine regions in marketing spending. Vintners Association Executive Director Alison Laslett said in an Oct. 29 letter to members, co-signed by the Read More →

Latest

Marvell to buy Inphi in $8B semiconductor deal

By   /  Thursday, October 29th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Marvell to buy Inphi in $8B semiconductor deal

Marvell Technology Group, a major semiconductor company, announced Oct. 29 it will acquire Inphi, a competitor based in Santa Clara with significant operations in Thousand Oaks, in a cash and stock deal worth about $8 billion. Under the agreement, Marvell will pay Inphi shareholders $66 for each share of Inphi stock, along with 2.323 shares Read More →

Latest

CSUCI president to leave for CSUN

By   /  Thursday, October 29th, 2020  /  Higher Education, Latest news, left, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on CSUCI president to leave for CSUN

Erika Beck, president of CSU Channel Islands, has been appointed to a new role as the president of CSU Northridge.

Latest

Amgen beats expectations in Q3 earnings report

By   /  Wednesday, October 28th, 2020  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen beats expectations in Q3 earnings report

Amgen, one of the biggest biopharmaceutical companies in the world, continued to see growth in the third quarter of 2020, despite the COVID-19 pandemic. The Thousand Oaks-based company saw total revenue of $6.4 billion for the quarter, up 12 percent from the third quarter of 2019. Earnings per share increased 5 percent to $3.43. Both Read More →

Latest

GeoLinks secures private equity investment

By   /  Tuesday, October 27th, 2020  /  Latest news, Small Business, Technology, Tri-County Economy, West Ventura County  /  Comments Off on GeoLinks secures private equity investment

Geolinks, a fast-growing internet service provider based in Camarillo, secured what it called “a significant minority investment” from a group led by Rock Mountain Capital, GeoLinks announced Oct. 27. The private equity investment will help GeoLinks with its plans for expanding its network, making strategic acquisitions and streamlining its internal growth and operations.  “GeoLinks launched Read More →

Latest

Port of Hueneme coming back strong from pandemic

By   /  Monday, October 26th, 2020  /  Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Port of Hueneme coming back strong from pandemic

Business at the Port of Hueneme bounced back from the COVID-19 pandemic much quicker than management expected, allowing the port to keep its focus on the environment, port officials said at their 2020 “State of the Port” address on Oct. 15. When the shutdown started in March, all 10 of the automobiles manufacturers that use Read More →