Arcutis stock soars on drug trial news; company announces $150M capital raise
Stock of Arcutis Biotherapeutics, a Westlake Village-based company developing dermatological treatments, shot up more than 30% on Feb. 1 after the company released positive results from a recent clinical trial. Later in the day, Arcutis said it plans to sell $150 million worth of its common stock. Before stock trading opened, the company announced positive Read More →
Community West reports income growth in 2020
Community West Bancshares saw its net income rise in 2020, even as it fell slightly in the fourth quarter of the year. The parent company of Goleta-based Community West Bank reported a net income of $8.2 million, or 97 cents per diluted share, for all of 2020, as compared to $8 million, or 93 cents Read More →
Region’s tech firms join exodus to Texas
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Ventura College launches advanced manufacturing program
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SoCalTech founder: It’s hard out there for startups in a pandemic
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From the archives: J.D. Power’s entry into the Business Times Hall of Fame
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PPP loans drove income growth at American Riviera Bank
Net income at American Riviera Bank increased in both the fourth quarter and full year of 2020, on the back of high loan growth and other positive factors, the bank announced Jan. 28. The Santa Barbara-based bank said its annual unaudited net income was up 15% from the previous year. In 2019, American Riviera Bank Read More →
