Staff Report | Wednesday, March 18th, 2015
Tri-county public company ranks shrink as Vitesse sells for $389M
Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyThe deal values Vitesse at $5.28 per share, a premium of 32 percent over the stock’s 30-day average closing price.
Staff Report | Tuesday, March 10th, 2015
Region wins as Amgen shuffles jobs
Latest news, Technology, Top StoriesIn a company memo circulated yesterday, Amgen CEO Robert Bradway said the firm will begin reconsolidating oncology operations into its Thousand Oaks headquarters.
Staff Report | Monday, March 9th, 2015
Tri-county malls could change ownership in hostile takeover bid
Latest news, Real Estate, Top Stories, Tri-County EconomyIf the deal moves forward, a number of tri-county properties would wind up under the Simon banner, including the The Oaks, Pacific View Mall and La Cumbre Plaza in Santa Barbara.
Staff Report | Friday, March 6th, 2015
Santa Barbara Fresh Market closing shop, company exiting California
Latest news, Real Estate, Top StoriesThe presence of grocery chain The Fresh Market in Santa Barbara and all of California is stale. The company announced in an earnings release March 6, it’s retreating out of the state completely, nixing the short-lived Milpas Street location along with stores in Palo Alto and Laguna Hills. The Milpas locations was up and running Read More →
Staff Report | Friday, March 6th, 2015
Calavo shares shoot up on Q1 earnings
Agribusiness, Earnings, Latest news, South Coast, Top Stories, Tri-County Public CompaniesSanta Paula-based Calavo Growers roared out of the gate with a profit of $5.3 million in its fiscal 2015 first quarter, according to a release from the company. The company’s shares jumped nearly 6.5 percent to $45.05 at the market’s close. After recording a $1.8 million loss in the same period last year, Calavo appears Read More →
Staff Report | Friday, March 6th, 2015
Amgen’s portfolio threatened as FDA paves path for lower-cost drugs
Latest news, Technology, Top Stories, Tri-County Public CompaniesZarxio, the first biopharmaceutical copycat approved in the U.S., will pave the way for lower-cost alternatives to existing treatments.
Staff Report | Friday, March 6th, 2015
Wells shut down on water concerns
Latest news, Top StoriesAccording to the California Department of Conservation, there are 14 wells in San Luis Obispo County, 11 in Santa Barbara County and 23 in Ventura County that fail to comply with federal regulations.