AeroVironment shares hit all-time high behind record Q3 earnings
Shares of AeroVironment, a drone maker for the defense industry, are up more than 40% since the company announced its earnings for the third quarter, showing that demand for its products is soaring. AeroVironment, headquartered in Virginia but still maintains large operations in Simi Valley and Moorpark, beat analyst expectations by a large amount on Read More →
REC Solar adds new CEO
San Luis Obispo-based REC Solar, a nationwide developer of on-site and community solar projects, has appointed Robb Jetty as the company’s CEO. Announced March 4, Jetty has more than 20 years of experience in the development, financing, construction and operation of over $3 billion of solar and energy projects nationwide. Jetty was most recently the Read More →
Shoe standout brand Deckers to join S&P 500
Shares of Goleta-based Deckers have been on fire over the past year, up 115%, and riding behind that momentum the company’s stock will now be on the S&P 500 index, according to the S&P Dow Jones Indices. Announced Feb. 29, Deckers will join the S&P 500 on March 18, alongside data-service provider Super Micro Computer Inc. Read More →
Ventura County least affordable area in nation to buy a home
Ventura County now has the dubious distinction of being the least affordable housing market in the United States. That’s because it has the most restrictive land use policies of any county in the nation. Those are two key findings of the Center for Economic Research and Forecasting’s 2024 Ventura County economic prognosis. The California Lutheran Read More →
Need for skills: Manufacturing industry hopes for more trained workers in ’24
This 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.
Adventist, Sutter make SLO County moves
Some of the biggest names in San Luis Obispo County health care are switching owners as both Adventist Health and Sutter Health expand their presence in the region. On Feb. 29, Adventist Health, a non-profit health group with 26 hospitals across the state, announced it has purchased two San Luis Obispo County hospitals from Tenet Read More →
Our view: SCE’s Thomas Fire payout reminds region about emergency prep
This 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.
