May 3, 2025
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Montecito Bank & Trust
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Acelyrin reports higher net loss in 2023 as company prepares for breakthrough

By   /  Monday, April 1st, 2024  /  Earnings, Latest news, Startups, Technology, Tri-County Public Companies  /  Comments Off on Acelyrin reports higher net loss in 2023 as company prepares for breakthrough

Conejo Valley-based Acelyrin, a clinical, pre-revenue biotechnology company, reported its financial results for the full year 2023 on March 28. According to the March 28 report, the company’s net loss for the full year ended Dec. 31 was $381.6 million, compared to $64.8 million for 2022. The company primarily saw expenses increase in research and Read More →

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Analysts remain all-in on Deckers stock as shares near $1K

By   /  Friday, March 29th, 2024  /  Central Coast, Columns, Economy, Latest news, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Analysts remain all-in on Deckers stock as shares near $1K

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Portfolio watch

By   /  Friday, March 29th, 2024  /  Banking & Finance, Banking Industry, Columns, Economy, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio watch

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Blois Construction co-founder, political activist Jean Blois dies at 96

By   /  Monday, March 25th, 2024  /  Banking & Finance, Banking Industry, Central Coast, Health Care & Life Science, Latest news, Women Inc.  /  Comments Off on Blois Construction co-founder, political activist Jean Blois dies at 96

Jean Williamson Blois, one of the leading women in business and politics on the South Coast, died March 22 at age 96. Blois was a co-founder of the political movement that led to the successful effort to incorporate the City of Goleta. She served on its first city council and was instrumental in guiding Goleta Read More →

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Embracing digital options: Small businesses access to capital continues growing

By   /  Monday, March 25th, 2024  /  Banking & Finance, Banking Industry, Economy, Latest news, left, Small Business, Subscriber content, Tri-County Economy  /  Comments Off on Embracing digital options: Small businesses access to capital continues growing

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Portfolio watch

By   /  Friday, March 8th, 2024  /  Banking & Finance, Banking Industry, Columns, Economy, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio watch

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AeroVironment shares hit all-time high behind record Q3 earnings

By   /  Thursday, March 7th, 2024  /  Central Coast, Earnings, Latest news, left, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment shares hit all-time high behind record Q3 earnings

Shares of AeroVironment, a drone maker for the defense industry, are up more than 40% since the company announced its earnings for the third quarter, showing that demand for its products is soaring. AeroVironment, headquartered in Virginia but still maintains large operations in Simi Valley and Moorpark, beat analyst expectations by a large amount on Read More →