July 26, 2024

		

Jorge Mercado

Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.


| Wednesday, February 10th, 2021

Sonos shares rise on earnings beat

Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies

Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021.  Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →

| Monday, February 8th, 2021

Amgen to lay off hundreds, including in Thousand Oaks

Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies

Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2. Less than 20% of those workers are located in Thousand Oaks. Amgen employs around 22,000 Read More →

| Friday, February 5th, 2021

For love and money: Valentine’s Day offers a welcome boost for pandemic-battered businesses

Latest news, Small Business, Subscriber content, Top Stories, Top Story

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| Friday, February 5th, 2021

Automatic for the people: UCSB researcher looks at how robots can work for us

Higher Education, Latest news, right, Subscriber content, Technology, Top Stories

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| Friday, February 5th, 2021

Amgen shares slip after projections of flat 2021 sales

Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Tri-County Economy, Tri-County Public Companies

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| Thursday, February 4th, 2021

Deckers shares jump after strong earnings report

Banking & Finance, Earnings, Latest news, middle, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies

Deckers Brands, a fashion and footwear company based in Goleta, posted record-setting earnings for the quarter ended Dec. 31 and beat analysts’ expectations with ease behind the strength of its most recognizable brand, Ugg, and its latest rising star, Hoka One One. Deckers reported a 14.8% increase in revenue compared to the same quarter a Read More →

| Tuesday, February 2nd, 2021

Amgen reports rising revenue, warns of flat 2021

Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies

Amgen, one of the world’s largest biotech companies, saw rising revenue in the fourth quarter of 2020, but the COVID-19 pandemic could dampen the outlook for the company and its investors in 2021, according to earnings released Feb. 2. The Thousand Oaks-based biotech firm had $6.6 billion in revenue in the fourth quarter, a 7% Read More →