Deckers shares rise on news of record sales and earnings
Shares of Deckers Brands, the Goleta-based parent company of Ugg and other footwear brands, jumped 7% on May 20 following the announcement of its fourth quarter and full-year 2020 financial results, which included big jumps in both revenue and net income. Net sales increased 19.4% from 2019 to 2020, to $2.5 billion, the most in Read More →
New study puts Vandenberg at $5.8B in economic impact, 20K jobs
Editor’s note: This article was updated shortly after it was posted to include information about the planned renaming of the base. Vandenberg Air Force Base was responsible for 20,000 jobs and $5.8 billion in economic activity in 2020, with room to grow to $7.9 billion in output by 2030, according to a new study by Read More →
Direct Relief comes to India’s aid during COVID crisis
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Pandemic has hastened ascent of e-commerce, trade expert tells Port of Hueneme
Since the Great Recession of 2008, the e-commerce trade has grown nearly 20% each year, and the COVID-19 pandemic has only accelerated that trend. That was one of the themes of a talk on May 4 by Marianne Rowden, the founder of TradeNerd and former president and CEO of the American Association of Importers and Read More →
Amgen stock tumbles after earnings report
Editor’s note: This article was updated at 8:35 a.m. on April 28 with up-to-date information on Amgen’s stock price. Amgen’s shares fell nearly 8% following the company’s April 27 release of its first quarter 2021 earnings, which saw a decline in both revenue and net income compared to a year earlier. Amgen is headquartered in Read More →
SLO Brewing incubates its first successful spin-off beer
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Firestone Walker to buy a SLO Brewing beer
Two of the Central Coast’s biggest and oldest breweries announced a deal April 15 in which Firestone Walker will buy the Cali-Squeeze brand from SLO Brewing Co. No details were disclosed about the transaction, except that it is expected to close by July 1, according to a news release from SLO Brewing. Cali-Squeeze is a Read More →
