February 22, 2024
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Sientra shares up after company releases 2021 revenue estimates

By   /  Monday, January 10th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra shares up after company releases 2021 revenue estimates

The Goleta-based breast implant manufacturer Sientra expects growth in the fourth quarter of 2021 and estimates its “highest-ever breast products yearly revenue” of up to $81 million for the full year, the company said Jan. 10. Sientra reported that its preliminary unaudited revenue from operations for the fourth quarter of 2021 is expected to be Read More →

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Amgen inks drug development deal worth up to $1.9B

By   /  Friday, January 7th, 2022  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen inks drug development deal worth up to $1.9B

Thousand Oaks-based Amgen has reached an agreement with Generate Biomedicines, a Massachusetts-based therapeutics company, to research, discover and create protein therapeutics, the company announced Jan. 6. According to the agreement, Amgen, one of the largest biotech companies in the world, will pay $50 million up front to fund the initial five programs, with a potential Read More →

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2022 Forecast: Stock analysts break out crystal balls for region’s biggest companies

By   /  Friday, January 7th, 2022  /  Banking & Finance, Latest news, Subscriber content, Top Stories, Tri-County Public Companies  /  Comments Off on 2022 Forecast: Stock analysts break out crystal balls for region’s biggest companies

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Sonos wins ruling that Google violated its patents

By   /  Friday, January 7th, 2022  /  Banking & Finance, Latest news, Law & Goverment, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos wins ruling that Google violated its patents

The U.S. International Trade Commission ruled in favor of Santa Barbara-based Sonos once again on Jan. 6, with a finding that Google infringed on five Sonos patents relating to smart speakers and audio. The ITC reaffirmed its decision from August, stating that Google violated section 337 of the Tariff Act of 1930 by infringing on Read More →

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Region’s corporate boards meet state diversity standard

By   /  Friday, January 7th, 2022  /  Banking & Finance, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Region’s corporate boards meet state diversity standard

All of the tri-county region’s publicly held companies that trade on major stock exchanges meet California’s new requirement for more diversity on corporate boards. Assembly Bill 979 was passed in 2020 and went into effect on Jan. 1, 2022. It is similar to Senate Bill 826, a law that went into effect Jan. 1, 2019, Read More →

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Amgen’s new asthma treatment gets FDA approval

By   /  Wednesday, December 22nd, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen’s new asthma treatment gets FDA approval

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Mission Produce shares down after earnings release

By   /  Wednesday, December 22nd, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce shares down after earnings release

Mission Produce’s stock tumbled 10% after the markets closed Dec. 22, after the Oxnard-based avocado distributor released its financial results for the fourth quarter of 2021 and missed analysts’ expectations. Mission Produce generated revenue of $237 million in the fourth quarter of 2021, a 15% increase from the same period a year ago. But, according Read More →