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By Stephen Nellis / Friday, September 26th, 2014 / South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $86.2M Sientra IPO plumps up public-company ranks
With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →
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By Staff Report / Thursday, September 18th, 2014 / Agribusiness, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Calavo posts record Q3, launches FreshRealm
Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →
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By Staff Report / Thursday, September 4th, 2014 / Banking & Finance, South Coast, Tri-County Economy, Tri-County Public Companies / Comments Off on Deckers tweaks name to reflect direct-to-consumer tactic
Deckers Outdoor Corp. is changing its public-facing name to Deckers Brands as it celebrates its listing on the New York Stock Exchange. The Goleta-based owner of Ugg, Sanuk, Teva and other popular products in footwear and accessories said its new retail channels will operate as Deckers Brands. The corporate name will remain Deckers Outdoor Read More →
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By Staff Report / Wednesday, September 3rd, 2014 / Banking & Finance, Technology, Tri-County Public Companies / Comments Off on Teledyne to buy offshore oil equipment maker for $171M
Thousand Oaks-based industrial conglomerate Teledyne Technologies is buying Bolt Technology Corp., a maker of offshore oil exploration equipment, in an all-cash deal valued at $171 million. Teledyne said Sept. 3 that it will pay $22 per share to buy the Connecticut manufacturer. Bolt makes and supplies marine seismic energy products and replacement parts for offshore Read More →
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By Staff Report / Thursday, August 28th, 2014 / Banking & Finance, Technology, Tri-County Public Companies / Comments Off on Amgen seeks approval for new cholesterol drug
Amgen became the first drugmaker to seek U.S. regulatory approval for a new class of cholesterol-lowering treatments after it submitted an application to the Food and Drug Administration on Thursday for evolocumab. Thousand Oaks-based Amgen said the drug works by blocking a naturally occurring protein called PCSK9 that prevents the liver from removing LDL cholesterol, Read More →