Portfolio Watch: Inflation, the eurozone and the future of energy prices
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Our View: Remembering a giant of the region’s business community
Patrick James McCarthy, known simply as Pat, did not invent the idea of a tri-county economy. But thanks to a creative mind and a strong work ethic, he built a powerhouse construction firm that specialized in commercial-scale residential projects on a regionwide basis. Irreverent at times, always unflappable and with a keen sense of opportunity, Read More →
Opinion: Diversification works; here’s why
By Arthur Swalley The past two years in the capital markets are a textbook example of how diversification works. After the pandemic crash in February and March 2020, market returns were led by “pandemic” stocks like Zoom and Amazon. As interest rates remained low, resulting in higher multiples being placed on growing cash flows, large Read More →
Federal, state authorities flag 71 bridges in tri-county region as ‘poor’
Each day, an estimated 72,500 vehicles cross a bridge on the southbound lanes of Highway 101 over railroad tracks at the Montalvo Metrolink station in Ventura. In Santa Barbara County, bridges on the northbound and southbound lanes of Highway 101 over San Jose Creek, west of Highway 217 in Goleta, carry about 60,500 vehicles every Read More →
Sonos shares up after Q1 earnings report
Santa Barbara-based Sonos delivered revenue growth and beat analysts’ expectations when it announced its results for the first quarter of 2022 on Feb. 9. Sonos, a maker of audio speakers, generated record revenue in the first quarter, with sales worth $664.5 million, a 3% increase year-over-year, driven largely by strong demand in both existing and Read More →
Amgen shares jump after company announces buyback plan and long-term projections
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Amgen reports revenue spike from COVID treatment collaboration
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