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Goleta small-business grants available until Aug. 7

By   /  Monday, August 3rd, 2020  /  Latest news, Restaurants, Small Business, South Coast  /  Comments Off on Goleta small-business grants available until Aug. 7

Grants are available for Goleta’s small businesses, but only for a short time. The grants are being provided by the Santa Barbara Better Together Fund Small Business Grant Program, which was launched in partnership with the city of Goleta, the Santa Barbara Foundation and Deckers Brands. Grants of up to $10,000 will be available for Read More →

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Amgen teams up with competitors in COVID treatment trial

By   /  Monday, August 3rd, 2020  /  Biotech, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Amgen teams up with competitors in COVID treatment trial

Amgen has joined two of its competitors in launching a trial for drugs to treat patients with COVID-19. Together with Chicago-based AbbVie and Japanese drugmaker Takeda Pharmaceutical, the Thousand Oaks biotech giant said Aug. 3 it had enrolled the first patients into a clinical trial for the anti-inflammatory drugs Otezla, cenicriviroc and Firazyr. Otezla is Read More →

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Deckers beats expectations with rising sales, shrinking losses in second quarter

By   /  Friday, July 31st, 2020  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers beats expectations with rising sales, shrinking losses in second quarter

Goleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →

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LTC sees big revenue drop after rent losses

By   /  Friday, July 31st, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC sees big revenue drop after rent losses

LTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →

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Latest

Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch

By   /  Thursday, July 30th, 2020  /  East Ventura County, Latest news, Technology, West Ventura County  /  Comments Off on Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch

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Coalition set to unveil aerospace economic plan

By   /  Wednesday, July 29th, 2020  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Coalition set to unveil aerospace economic plan

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Amgen meets analyst estimates, but shares drop on Q2 earnings decline

By   /  Tuesday, July 28th, 2020  /  Banking & Finance, Biotech, Earnings, East Ventura County, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen meets analyst estimates, but shares drop on Q2 earnings decline

Amgen’s revenues climbed 6 percent in the second quarter, to $6.2 billion, despite the COVID-19 pandemic limiting hospital and physician operations and putting a hitch in diagnosis and treatment for many patients. Amgen’s earnings, announced July 28, met average analyst estimates. However, a 17 percent overall decline in net income for the Thousand Oaks biotech Read More →

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