Portfolio watch
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Semtech shares up after company beats Q2 estimates
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Charges filed in largest retail theft case in Home Depot’s history
Ventura County District Attorney Erik Nasarenko on Aug. 26 announced the filing of felony charges against nine defendants accused of participating in the largest organized retail theft case in Home Depot’s history, a multi-county operation responsible for millions of dollars in losses. “This case demonstrates the scale, scope, and sophistication of organized retail theft,” Nasarenko Read More →
CRE: Bombardier chooses Moorpark for manufacturing facility
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Freedom Designs to shut down Simi location, lay off 70 employees
Freedom Designs, a medical supply store with a location in Simi Valley, will be shuttering its doors by June 1, 2026. In a filing with the state’s Worker Adjustment and Retraining Notification, Freedom Designs said it will be closing its operation at 2241 Madera Rd. on or around June 2026 and laying off 70 employees Read More →
Charge reduced to misdemeanor against CSUCI prof arrested during federal raid
A felony charge has been reduced to a misdemeanor against a CSU Channel Island professor who was arrested during a July 10 immigration raid at Glass House Farms’ cannabis facility in Camarillo. Jonathan Caravello, a lecturer in the university’s math department, was taken into custody for allegedly throwing a tear gas canister at U.S. Border Read More →
MannKind expands pipeline with $350M acquisition
Westlake Village-based MannKind Corporation is expanding its pipeline by acquiring scPharmaceuticals, a Massachusetts-based biotech company that specializes in cardiorenal medicine, for $360 million, or $5.35 per share. Announced before the markets opened Aug. 25, MannKind shares ticked up about 1% in pre-market trading. Shares ultimately settled at $3.90 on Aug. 25, about 3.1% down. Shares Read More →
