Amgen’s shares down after obesity drug fails to meet expectations
Latest news, left, Technology, Tri-County Public CompaniesMarTide, the new weight loss drug from Amgen, works. Not just well enough for Wall Street. Shares of the Thousand Oaks-based biotech giant fell 10% on Nov. 26 after it announced that MarTide’s latest trial produced a body weight reduction of up to 20%. The results disappointed Wall Street, which had expected results of up Read More →
Street smarts: Chumash Golf Classic raises $135K
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CRE: South Coast Santa Barbara sales continue struggling
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Portfolio watch
Columns, Economy, Latest newsThe early call on the Nov. 5 election was one of the biggest surprises, wrote Brian Garrett on the Cross Asset Sales desk in Global Banking & Markets at Goldman Sachs. He said U.S. stock surged “because many clients had reduced the amount of risk in their portfolio,” and have now “re-engaged” positions that were successful after 2016 – Read More →
Abel Maldonado on Trump short list for Secretary of Ag
Agribusiness, Government, Latest news, middleDonald Trump’s return to the White House could also mark the return to the political stage for one of Santa Barbara County’s best-known elected officials. Former Lt. Gov. Abel Maldonado, now a winery owner from Santa Maria, has been shortlisted for the Secretary of Agriculture post, according to reporting from the online publication ProAg and Read More →
Wells Fargo announces grant for Mountain Fire recovery
East Ventura County, Latest news, PhilanthropyFundraising for victims of the Mountain Fire got a significant boost on Nov. 13 when Wells Fargo announced a $100,000 grant to support Ventura County Community Foundation and recovery efforts. According to VCCF CEO Vanessa Bechtel, the foundation had already provided over $100,000 in support and provided an additional $50,000 to the Red Cross to Read More →
CRE: Community Health Center unveils new battery system
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