Calavo Growers grew income in third quarter
Agribusiness, Latest newsSanta Paula-based Calavo Growers followed record highs last quarter with a 47.5 percent increase in net income for the third quarter of 2016, the company reported Sept. 7. Income rose to $12.7 million for the quarter, compared to $8.6 million for the same period last year, and earnings per diluted share rose to 73 cents, Read More →
Trade Desk to price IPO shares at $15
Latest newsShares of The Trade Desk are expected to price at $15 when the company holds its initial public offering later this month. The Trade Desk, based in Ventura, said in regulatory filings with the Securities and Exchange Commission dated Sept. 6 that the company expects each of its 4.7 million shares offered to price between Read More →
Australian military buys AeroVironment drones
Latest newsAeroVironment will enter the business of supplying the Australian military with a transaction involving its Wasp drones. AeroVironment said in a Sept. 6 news release that it sold an unnamed numbers of its Wasp AE family of drones to the Australian Armed Forces. AeroVironment will partner with Australian firms XTEK Limited, Sentient Vision and General Read More →
Mindbody acquires app developer HealCode
Health Care & Life Science, Latest news, TechnologyMindBody, a San Luis Obispo-based developer of merchant processing software for yoga and fitness studios, acquired Austin, Texas–based HealCode, which develops web and mobile apps for holistic health service companies. MindBody and HealCode worked closely together previously and about 7,500 of MindBody’s 55,000 subscribers already used HealCode widgets in MindBody software for things like client Read More →
FDA approves Amgen’s Blincyto
Health Care & Life Science, Latest news, Tri-County Public CompaniesThe U.S. Food and Drug Administration approved Amgen’s drug Blincyto for treating pediatric leukemia patients Sept. 1. In Dec. 2014, the FDA approved Blincyto to treat patients with precursor B-cell acute lymphoblastic leukemia, which is a rare form of the disease. On Sept. 1, the agency extended Blincyto’s approval to include pediatric patients with another Read More →
Cal Poly SLO receives DOE grant
Latest newsCal Poly San Luis Obispo received a $1.2 million grant from the Department of Education Sept. 1 to help economically disadvantaged students. The five-year grant will help support Cal Poly’s Educational Talent Search, which assists middle-school and high-school students who might not otherwise be able to afford college. About 500 students participate in Cal Poly’s Read More →
Amgen acquires German drug
Latest news, Technology, Tri-County Public CompaniesStory updated at 11 a.m.: Thousand Oaks-based biotech giant Amgen acquired global development rights to a multiple myeloma drug from a German company Sept. 1. Amgen said in a news release it acquired commercial and development rights to BI 836909, which is currently being developed by German company Boehringer Ingelheim. It will work with Boehringer Read More →
