Staff Report | Tuesday, August 4th, 2015
San Luis Obispo’s Mindbody beats estimates but shares still down
Earnings, Latest news, Technology, Top Stories, Tri-County Public CompaniesSan Luis Obispo-based Mindbody beat analyst estimates when it released second quarter earnings on Aug. 4, but shares still ended down for a ninth consecutive day. Mindbody lost 21 cents per share, but analysts had predicted losses of 31 cents per share. Mindbody’s surprising earnings are a rare recent bright spot for the company since Read More →
Staff Report | Tuesday, August 4th, 2015
Shire makes $30 billion bid for Thousands Oaks’ Baxalta
Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public CompaniesOne of the biggest employers in Ventura County faces an ownership change less than one month after it was spun off from its Chicago-area parent. Shire Plc, a pharma company based in Dublin, Ireland, stunned the markets on Aug. 4 with a $30 billion bid for Baxalta. Baxalta, which employs around 2,000 at two locations Read More →
Staff Report | Tuesday, August 4th, 2015
Paso Robles’ IQMS gets $40 million investment
Latest news, Technology, Top StoriesIQMS, a software company based in Paso Robles, announced Aug. 4 that growth equity firms Technology Crossover Ventures and Banneker Partners have made an additional $40 million investment, for a total of $75 million over the past year. “IQMS is a strong business in a healthy marketplace, and our initial August 2014 investment in IQMS Read More →
Staff Report | Thursday, July 30th, 2015
Deckers loses $47.3 million in fiscal first quarter
Latest news, Top Stories, Tri-County Public CompaniesGoleta-based Deckers on July 30 reported a loss of $47.3 million in its fiscal first quarter and a loss of $1.43 on a per-share basis. Despite the per-share loss, the results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share. Deckers Read More →
Staff Report | Thursday, July 30th, 2015
Amgen second-quarter profit beats analysts’ estimates
Latest news, Technology, Top Stories, Tri-County Public CompaniesThousand Oaks-based Amgen Inc. posted second-quarter profit that topped analysts’ estimates, driven by higher sales and lower operating expenses. The biotech also raised its revenue and earnings forecast for the year. Profit excluding one-time items rose to $2.57 a share, while analysts had predicted $2.43 on average. Revenue increased 3.7 percent to $5.37 billion, the Read More →
Staff Report | Tuesday, July 28th, 2015
Venoco asks Goleta for permission to move two truckloads of oil per day
Energy, Latest news, Top StoriesVenoco has asked the city of Goleta for emergency authority to move two truckloads per day of oil from its Ellwood facility to Santa Maria for the next 17 days. Venoco said it was making the request so that lines and other facilities could be cleared in order to complete mandatory inspections. Venoco said it Read More →

Staff Report | Monday, July 27th, 2015
Bauerlein to keynote 2015 Spirit of Small Business awards
Latest news, Top StoriesThe Pacific Coast Business Times is pleased to announce our 2015 class of Spirit of Small Business award winners. The annual special section, now in its 13th year, celebrates small-business ownership and entrepreneurship in the Tri-Counties. The report published with the July 24 print edition of the Business Times. The honorees will be celebrated Read More →