Tri-county stocks soar along with markets
Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Tri-county stocks bounce back as market soars
Latest news, Tri-County Economy, Tri-County Public CompaniesThe 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 →
Amgen, WEV step up with pledge and online resources
Health Care & Life Science, Latest news, Nonprofits, Women Inc.Regional organizations have jumped into action to support communities affected by the global health crisis. Thousand Oaks biotech giant Amgen pledged up to $12.5 million to support emergency response efforts for the coronavirus pandemic, including operations by Goleta-based Direct Relief and the Los Angeles humanitarian nonprofit International Medical Corps. “The COVID-19 pandemic is precipitating a Read More →
Tri-county stocks mixed as stimulus package stalls
Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesA 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 →
CLU economists predict downturn worse than Great Recession
East Ventura County, Higher Education, Latest news, Tri-County EconomyCalifornia Lutheran University’s economic forecast group is warning that policymakers have limited options to head off a downturn that could be worse than the Great Recession. In an update to recent forecasts, the Center for Economic Research & Forecasting warns that massive stimulus efforts may not help speed a recovery if “countless numbers of small Read More →
SB County response effort to provide $1 million in assistance
Health Care & Life Science, Latest news, Nonprofits, South CoastThe COVID-19 Joint Response Effort for Santa Barbara County announced March 19 that it will provide more than $1 million in assistance to individuals and families as well as organizations actively assisting members of the community affected by the COVID-19 pandemic. The Santa Barbara Foundation, United Way of Santa Barbara County and the Hutton Parker Read More →
Tri-county stocks end week with mixed results
Earnings, Latest news, Tri-County Economy, Tri-County Public CompaniesTri-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 →
