Stock soars at The Trade Desk over news of $200 million offering
Earnings, Latest news, Tri-County Public Companies, West Ventura CountyThe Trade Desk stock gained 3.5 percent on the news that it had filed a registration statement with the Securities and Exchange Commission for a follow-on offering of up to $200 million of existing stock. The digital advertising platform company, headquartered in Ventura, will not receive any proceeds from the offering, filed May 19. The Read More →
Camarillo sportswear company Neff Headwear acquired
Latest newsCamarillo sportswear company Neff Headwear was acquired by Mad Engine, the licensed apparel wholesaler for Disney and its affiliated companies, according to a news release May 16. Mad Engine took ownership of the company from Marlin Equity Partners and the Neff family, who founded it in 2002. “We’re excited to have this opportunity to acquire Read More →
Clean Diesel revenue down, net loss grows
Earnings, Latest news, Technology, Tri-County Public CompaniesOxnard-based Clean Diesel Technologies reported a drop in first quarter revenue year-over-year and an increase in its net loss to $3.1 million. The emissions control technology company launched new private label programs in North America and removed some product offerings. Revenues fell 15 percent, from $9.7 million in the first quarter of 2016, to $8.2 Read More →
UCSB chancellor backs call to divest from fossil fuel companies
Energy, Higher Education, Latest newsAfter a four-day sit-in, UC Santa Barbara students won the endorsement of Chancellor Henry Yang on the divestiture of the University of California’s $2.8 billion in its endowment from fossil fuel companies. Margaret Klawunn, vice president of student affairs, delivered the statement May 11 on behalf of the chancellor at Cheadle Hall, where around 400 Read More →
The Trade Desk reports $4.9 million net income for first quarter
Earnings, Latest news, Technology, Tri-County Public CompaniesThe Trade Desk reported $4.9 million in net income for its first quarter ended March 31 and announced that it has secured a $200 million line of credit. Revenues for the Ventura-based advertising platform increased more than 75 percent over the first quarter of 2016, reaching $53.4 million. Operating expenses almost doubled, from $27 million Read More →
Discovery Museum adds Space Shuttle exhibit
Central Coast, Higher Education, Latest news, NonprofitsThe Santa Maria Valley Discovery Museum unveiled its newest exhibit on May 10, a Space Shuttle created in partnership with the 30th Space Wing at Vandenberg Air Force Base. The interactive exhibit simulates rocket launches with audio recordings from NASA’s Space Shuttle Discovery. A hands-on launch sequence and video feed from the base highlight science, Read More →
Soraa’s Sky bulb wins LED lamp innovation award
Latest news, TechnologySoraa’s Sky bulb won the top award for innovation in the LED lamp category at the Lightfair International 2017 in Philadelphia on May 10. The Sky bulb, previously called Helia, automatically adjusts color according to the body’s natural circadian rhythms, the Santa Barbara company said in a news release, using blue light in the morning Read More →
