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San Luis Obispo’s Mindbody beats estimates but shares still down

By   /  Tuesday, August 4th, 2015  /  Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on San Luis Obispo’s Mindbody beats estimates but shares still down

San Luis Obispo-based Mindbody beat analyst estimates when it released second quarter earnings on Aug. 4, but shares still ended down for a ninth consecutive day. Mindbody lost 21 cents per share, but analysts had predicted losses of 31 cents per share. Mindbody’s surprising earnings are a rare recent bright spot for the company since Read More →

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Shire makes $30 billion bid for Thousands Oaks’ Baxalta

By   /  Tuesday, August 4th, 2015  /  Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Shire makes $30 billion bid for Thousands Oaks’ Baxalta

One of the biggest employers in Ventura County faces an ownership change less than one month after it was spun off from its Chicago-area parent. Shire Plc, a pharma company based in Dublin, Ireland, stunned the markets on Aug. 4 with a $30 billion bid for Baxalta. Baxalta, which employs around 2,000 at two locations Read More →

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Camarillo’s Salem Media adds investment newsletters

By   /  Friday, July 31st, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Camarillo’s Salem Media adds investment newsletters

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Deckers loses $47.3 million in fiscal first quarter

By   /  Thursday, July 30th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers loses $47.3 million in fiscal first quarter

Goleta-based Deckers on July 30 reported a loss of $47.3 million in its fiscal first quarter and a loss of $1.43 on a per-share basis. Despite the per-share loss, the results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share. Deckers Read More →

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Amgen second-quarter profit beats analysts’ estimates

By   /  Thursday, July 30th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen second-quarter profit beats analysts’ estimates

Thousand Oaks-based Amgen Inc. posted second-quarter profit that topped analysts’ estimates, driven by higher sales and lower operating expenses. The biotech also raised its revenue and earnings forecast for the year. Profit excluding one-time items rose to $2.57 a share, while analysts had predicted $2.43 on average. Revenue increased 3.7 percent to $5.37 billion, the Read More →

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FDA approves Amgen’s Kyprolis

By   /  Friday, July 24th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on FDA approves Amgen’s Kyprolis

The Food and Drug Administration approved Amgen’s Kyprolis for second-line treatments of multiple-myeloma on Friday. Thousand Oaks-based Amgen’s new treatment for multiple-myeloma could pay off big for the company now that the treatment can be accessed by more patients in the second line of treatments. Kyprolis was approved for third-line treatments in 2012. The FDA’s Read More →

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Who’s next after Firestone Walker investment deal

By   /  Friday, July 24th, 2015  /  Central Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Who’s next after Firestone Walker investment deal

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