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Two Central Coast technology companies raise $150 million

By   /  Friday, October 25th, 2019  /  Biotech, East Ventura County, right, South Coast, Startups, Technology, Top Stories, Tri-County Public Companies  /  No Comments

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Deckers earnings beat analyst expectations

By   /  Thursday, October 24th, 2019  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  No Comments

Goleta-based footwear and apparel company Deckers Brands reported an 8 percent increase in its second quarter revenue Oct. 24, beating analyst expectations with $2.71 in earnings per share. The company also announced the appointment of a new chairman to its board of directors, board member and former CFO of Coach Inc., Mike Devine. Former chairman Read More →

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Amgen cuts list price of Repatha by 60 percent

By   /  Thursday, October 24th, 2019  /  Biotech, East Ventura County, Latest news, Tri-County Public Companies  /  No Comments

Amgen doubled down on its decision to slash the list price of one of its newest drugs, Repatha, listing it for all patients at $5,840 per year. The Thousand Oaks-based biotech giant reduced the list price by 60 percent for some patients for the cholesterol medication a year before, and the announcement Oct. 24 discontinues Read More →

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Dubroff: Zuckerberg plays monopoly, dodges the truth

By   /  Wednesday, October 23rd, 2019  /  Biotech, East Ventura County, Latest news, Tri-County Public Companies  /  No Comments

Henry Dubroff

After watching Facebook chief executive Mark Zuckerberg labor to explain his company’s policies on privacy, diversity and currency in testimony before Congress on Oct. 23, I have come to some conclusions about the social media giant and its future. Like any company with monopoly or near-monopoly power, Facebook is way too concerned about costs. It Read More →

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Teledyne shares soar as earnings beat estimates

By   /  Wednesday, October 23rd, 2019  /  Earnings, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  No Comments

Shares of Thousand Oaks-based Teledyne Technologies jumped nearly 6 percent or $18 on Oct. 23 after the company reported quarterly results that beat estimates. Teledyne shares were trading in the $330 range in afternoon trading after the company reported adjusted earnings of $2.57 per share and revenue of $802.20 million for the quarter ended September Read More →

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Google makes breakthrough in quantum computing at South Coast lab

By   /  Wednesday, October 23rd, 2019  /  Education, Latest news, South Coast, Technology  /  No Comments

Google has developed a computer that’s reached “quantum supremacy,” performing a computation in 200 seconds that would take the fastest supercomputers about 10,000 years, Bloomberg News reported. The results of Google’s tests, which were conducted using a quantum chip it developed in-house at its lab in Goleta, were published Oct. 23 in the scientific journal Read More →

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Amgen CFO retiring in 2020

By   /  Tuesday, October 22nd, 2019  /  Biotech, East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  No Comments

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