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Sonos wins patent dispute with Google

By   /  Monday, August 16th, 2021  /  Banking & Finance, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos wins patent dispute with Google

A judge from the U.S. International Trade Commission ruled in favor of Santa Barbara based Sonos on Aug. 13, finding that Alphabet Inc’s Google infringed upon five of Sonos’ patents for wireless speakers and related technology. Judge Charles E. Bullock did not give a reason for the decision but the ruling did find that Google Read More →

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Sonos delivers surprise profit, raises revenue guidance

By   /  Wednesday, August 11th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos delivers surprise profit, raises revenue guidance

Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30.  Read More →

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Highway 101 widening on tap for Ventura County

By   /  Thursday, August 5th, 2021  /  East Ventura County, Latest news, left, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Highway 101 widening on tap for Ventura County

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Dole down 9.4% in first day on NYSE

By   /  Friday, July 30th, 2021  /  Agribusiness, Banking & Finance, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Dole down 9.4% in first day on NYSE

Westlake Village-based Dole is publicly traded once again, after raising $400 million in a July 30 initial public offering. The IPO was a bit of a letdown for Dole. The company priced its shares at $16 only to see them open at $15 and then drop to $14.50 by the end of the trading day, Read More →

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Amgen to buy biotech startup TeneoBio

By   /  Tuesday, July 27th, 2021  /  Banking & Finance, Biotech, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to buy biotech startup TeneoBio

Amgen announced July 27 that it plans to buy a privately held Bay Area biotech company called TeneoBio in an all-cash deal worth as much as $2.5 billion. The deal is expected to close in the second half of this year and calls for Amgen to pay $900 million up front for all outstanding shares Read More →

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Takeda expansion is latest coup for Conejo Valley pharma industry

By   /  Thursday, July 22nd, 2021  /  Biotech, East Ventura County, Latest news, left, Technology, Top Stories, Tri-County Economy  /  Comments Off on Takeda expansion is latest coup for Conejo Valley pharma industry

Takeda Pharmaceuticals, a Japanese company with major operations in the Conejo Valley, will expand its facility in Thousand Oaks, investing $126 million to build out the manufacturing operations to support new product lines. The Takeda team, alongside the mayor of Thousand Oaks, Claudia Bill-de la Peña, is scheduled to hold a groundbreaking ceremony for the Read More →

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Even without a government mandate, some businesses still requiring masks

By   /  Friday, July 16th, 2021  /  Central Coast Health Watch, Latest news, left, Small Business, Subscriber content, Top Stories  /  Comments Off on Even without a government mandate, some businesses still requiring masks

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