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Tri-county stocks soar along with markets

By   /  Thursday, March 26th, 2020  /  Biotech, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Tri-county stocks soar along with markets

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Tri-county stocks bounce back as market soars

By   /  Tuesday, March 24th, 2020  /  Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Tri-county stocks bounce back as market soars

The Dow Jones Industrial Average surged at historic rates March 24, as pressure came down from President Donald Trump on Congress to pass a fiscal stimulus bill and regulators to reopen businesses by Easter.  Tri-county public companies rebounded 9.4 percent from the past week’s declines, including a 68 percent jump for Goleta breast implant supplier Read More →

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Tri-county stocks mixed as stimulus package stalls

By   /  Monday, March 23rd, 2020  /  Biotech, Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Tri-county stocks mixed as stimulus package stalls

A 3 percent drop in U.S. equities markets hit smaller stocks in the Tri-Counties on March 23, as a stimulus package to combat the economic fallout of the coronavirus failed for a second time to gain legislative approval.  The region’s companies had mixed results, with gains for eight out of the 10 largest firms. Goleta Read More →

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Tri-county stocks end week with mixed results

By   /  Friday, March 20th, 2020  /  Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Tri-county stocks end week with mixed results

Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak.  Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →

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Tri-county stocks bounce back from coronavirus losses

By   /  Thursday, March 19th, 2020  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Tri-county stocks bounce back from coronavirus losses

Tri-county stocks regained some of the previous day’s losses with the passage of a stimulus package to counteract the economic impacts of the coronavirus crisis, ending up 4.4 percent March 19 from the start of the week. Early stage biotech stocks topped the gains, including a 36 percent jump for Arcutis Biotherapeutics and a 27 Read More →

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Coronavirus: Signs of the times as pandemic spreads

By   /  Thursday, March 19th, 2020  /  Central Coast, Central Coast Health Watch, Restaurants, Small Business, South Coast, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Coronavirus: Signs of the times as pandemic spreads

The economic impact of the coronavirus epidemic has ripped through the Tri-Counties, triggering massive job cuts and prompting San Luis Obispo County to issue a rare order for residents to shelter at home beginning March 19 in response to rising numbers of COVID-19 cases. The county intends to hold the order for the next 30 Read More →

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Tri-county stocks rebound from coronavirus selloff

By   /  Tuesday, March 17th, 2020  /  Central Coast Health Watch, Earnings, Top Stories, Top Story, Tri-County Public Companies  /  Comments Off on Tri-county stocks rebound from coronavirus selloff

Stocks regained some of their footing March 17, with the announcement of trillions of dollars in potential spending by the federal government, including direct payments to individuals.  Goleta software developer AppFolio led the gains in the region with an almost 30 percent pop for the day, alongside moderate gains for other software firms.  It was Read More →

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