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Tri-county public company ranks shrink as Vitesse sells for $389M

By   /  Wednesday, March 18th, 2015  /  Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Tri-county public company ranks shrink as Vitesse sells for $389M

The deal values Vitesse at $5.28 per share, a premium of 32 percent over the stock’s 30-day average closing price.

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Calavo shares shoot up on Q1 earnings

By   /  Friday, March 6th, 2015  /  Agribusiness, Earnings, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo shares shoot up on Q1 earnings

Santa 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 →

Latest

Amgen’s portfolio threatened as FDA paves path for lower-cost drugs

By   /  Friday, March 6th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen’s portfolio threatened as FDA paves path for lower-cost drugs

Zarxio, the first biopharmaceutical copycat approved in the U.S., will pave the way for lower-cost alternatives to existing treatments.

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Amgen profit tops analysts’ estimates on drug sales, tax credit

By   /  Friday, January 30th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen profit tops analysts’ estimates on drug sales, tax credit

Amgen, the nation’s biggest biotech company, reported fourth-quarter profits that beat analysts’ estimates, aided by a tax benefit and higher-than-estimated sales of arthritis drug Enbrel.

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Region’s crop producers take stock

By   /  Friday, January 30th, 2015  /  Agribusiness, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Region’s crop producers take stock

The region’s main avocado and citrus growers are facing two very different situations — one bright, the other less so.

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Deckers falls short of expectations after soft holiday season

By   /  Thursday, January 29th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers falls short of expectations after soft holiday season

The Goleta-based footwear maker and distributor reported a softer-than-expected holiday shopping season and poor performance in its roll out to asian markets, prompting the company to dial back its fiscal fourth quarter guidance.

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Ryland beats Street on higher home sales

By   /  Thursday, January 29th, 2015  /  Earnings, Latest news, Real Estate, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland beats Street on higher home sales

Shares of the The Ryland Group finished trading up more than 8 percent Thursday after the company released fourth-quarter earnings with revenues up 24.7 percent, trumping analysts expectations.