Goleta 5G filter company Resonant sold to Japanese firm at big premium
Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesResonant, a developer of radio frequency filters with a focus on 5G cellular devices, is being acquired by Murata Electronics North America, a subsidiary of the Japanese company Murata Manufacturing, for $295 million in cash. Resonant moved its headquarters from Goleta to Austin, Texas, a little over a year ago, but still has its main Read More →
Energy Vault shares drop 19% in first day on NYSE
Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesWestlake-Village based Energy Vault began trading on the New York Stock Exchange at the opening bell on Feb. 14, but its shares struggled, dropping 18.7% on the first day as the market as a whole was down slightly. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began Read More →
Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing
Banking & Finance, Earnings, Latest news, South Coast, Subscriber content, Technology, Tri-County Economy, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Energy Vault prepares to start trading on NYSE
Banking & Finance, East Ventura County, Energy, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesWestlake Village-based Energy Vault will begin trading on the New York Stock Exchange the morning of Feb. 14, the company announced Feb. 11. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, announced plans in September to go public through a merger with Novus Capital Corp. II, a Read More →
Pressure builds to keep Diablo Canyon nuclear plant open past 2025
Central Coast, Energy, Government, Latest news, left, Subscriber content, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Sonos shares up after Q1 earnings report
Banking & Finance, Earnings, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesSanta Barbara-based Sonos delivered revenue growth and beat analysts’ expectations when it announced its results for the first quarter of 2022 on Feb. 9. Sonos, a maker of audio speakers, generated record revenue in the first quarter, with sales worth $664.5 million, a 3% increase year-over-year, driven largely by strong demand in both existing and Read More →
Amgen shares jump after company announces buyback plan and long-term projections
Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
