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Bank of America buys Santa Barbara health care payment company

By   /  Tuesday, April 6th, 2021  /  Banking & Finance, Banking Industry, Central Coast Health Watch, Latest news, South Coast, Technology, Tri-County Economy  /  Comments Off on Bank of America buys Santa Barbara health care payment company

Axia Technologies, a Santa Barbara-based health care payment and technology company, has been acquired by Bank of America. The terms of the acquisition were not immediately announced, but in an April 2 news release announcing the deal, Bank of America said the move is part of a lager strategy to bring additional merchant services onto Read More →

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Inogen’s new CEO looks to the future

By   /  Friday, April 2nd, 2021  /  Banking & Finance, Central Coast Health Watch, Latest news, right, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen’s new CEO looks to the future

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How to borrow $4 billion: With financing secure, path is nearly clear for Teledyne/Flir deal

By   /  Friday, April 2nd, 2021  /  Banking & Finance, East Ventura County, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on How to borrow $4 billion: With financing secure, path is nearly clear for Teledyne/Flir deal

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Revenues and losses both grew at Cure in 2020

By   /  Thursday, April 1st, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Revenues and losses both grew at Cure in 2020

Cure Pharmaceutical, an Oxnard company with a CBD products subsidiary, reported steep revenue growth but rising net losses in the fourth quarter and full year of 2020. In an annual statement released April 1, Cure reported revenue of $2.1 million in the final quarter of 2020, up 229% from the same quarter a year before. Read More →

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Amgen announces $721M acquisition

By   /  Tuesday, March 30th, 2021  /  Banking & Finance, Biotech, Central Coast Health Watch, East Ventura County, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen announces $721M acquisition

Amgen reported its second major acquisition of the month, as the Thousand Oaks-based firm announced March 30 that it will acquire Rodeo Therapeutics Corporation, a privately held biotech company based in Seattle. The deal is worth more than $700 million, $55 million of which will be paid upfront, with up to $666 million more in Read More →

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QAD shares climb 7% after earnings report

By   /  Thursday, March 25th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD shares climb 7% after earnings report

QAD, a cloud software company for the manufacturing industry, saw accelerated growth from its subscription services in the final quarter of the fiscal year, providing a bit of a bounce back for the Santa Barbara company. QAD generated revenue worth $83 million in the final quarter of the fiscal year, which ended Jan. 31. That Read More →

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Mangoes are Mission’s next frontier

By   /  Friday, March 19th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, middle, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mangoes are Mission’s next frontier

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