Most tri-county stocks fall as market sinks
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Seek Thermal releases device to help businesses screen for coronavirus
Goleta thermal imaging technology company Seek Thermal announced the release of a new imaging system that aims to help users detect illness like the coronavirus pandemic. The touch-free Seek Scan system is designed to be placed at the entrance to a building and automatically screens users’ faces for skin temperature, sending an alert when it Read More →
Tri-county stocks soar along with markets
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Tri-county stocks bounce back as market soars
The Dow Jones Industrial Average surged at historic rates March 24, as pressure came down from President Donald Trump on Congress to pass a fiscal stimulus bill and regulators to reopen businesses by Easter. Tri-county public companies rebounded 9.4 percent from the past week’s declines, including a 68 percent jump for Goleta breast implant supplier Read More →
Tri-county stocks mixed as stimulus package stalls
A 3 percent drop in U.S. equities markets hit smaller stocks in the Tri-Counties on March 23, as a stimulus package to combat the economic fallout of the coronavirus failed for a second time to gain legislative approval. The region’s companies had mixed results, with gains for eight out of the 10 largest firms. Goleta Read More →
Tri-county stocks end week with mixed results
Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak. Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →
MannKind adapting technology for coronavirus
Westlake Village-based MannKind became the latest company to turn its efforts toward treating the COVID-19 pandemic, with the announcement of a collaboration with a Los Angeles firm that aims to adapt its inhalable drug delivery technology to combat the respiratory infection. The company best known for its inhalable insulin product Afrezza said it would reorient Read More →
