Teledyne shares soar as earnings beat estimates
Shares of Thousand Oaks-based Teledyne Technologies jumped nearly 6 percent or $18 on Oct. 23 after the company reported quarterly results that beat estimates. Teledyne shares were trading in the $330 range in afternoon trading after the company reported adjusted earnings of $2.57 per share and revenue of $802.20 million for the quarter ended September Read More →
Google makes breakthrough in quantum computing at South Coast lab
Google has developed a computer that’s reached “quantum supremacy,” performing a computation in 200 seconds that would take the fastest supercomputers about 10,000 years, Bloomberg News reported. The results of Google’s tests, which were conducted using a quantum chip it developed in-house at its lab in Goleta, were published Oct. 23 in the scientific journal Read More →
2 tri-county companies on Pepperdine’s most fundable list
Two tri-county companies received recognition from the Pepperdine Graziadio Business School, which named them among the top 15 most fundable firms in the nation Oct. 18. Westlake Village-based Giftz ranked No. 12 on the list. The company’s platform allows users to exchange things like points, miles or gift cards for cash or trade them to Read More →
AeroVironment lands Border Patrol contract
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Engie U.S. Wind inks deal with Walmart
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Invoca nets $56 million venture deal
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Aera downsizes East Cat Canyon proposal
Aera Energy has sharply reduced the number of wells in its proposed redevelopment of the East Cat Canyon in North Santa Barbara County. The company told the Business Times that it plans to reduce the number of wells drilled from 296 to 189 without reducing output goals. The downsized footprint would reduce air emissions, freshwater Read More →
