Arcutis shares up on news of public, private offerings
Arcutis Biotherapeutics saw a 15 percent rise in its share price after it said Sept. 29 that it will offer 4 million shares to the public and sell another $35 million in stock to an affiliate of one of its directors. Arcutis closed at $31.04, a gain of $4.28 after it announced the dual track Read More →
Our view: This recovery, like the last, will be Latino-led
Latinos were the unsung heroes of the U.S. recovery from the Great Recession, and they will lead the national economy out of its current pandemic slump. Those are the subtexts behind the latest annual report on the Latino economy, produced jointly by the Center for Economic Research and Forecasting at California Lutheran University and the Read More →
Region gets new SBA leadership as Parker heads to D.C.
Victor Parker, head of the U.S. Small Business Administration’s Los Angeles District Office, is taking a new post at the agency’s headquarters in Washington, D.C. The LA District, which includes Ventura and Santa Barbara counties, is the largest in the nation in terms of dollar volume of SBA loans. During nine years as district director, Read More →
Amgen to team with Eli Lilly on COVID treatment
Thousand Oaks biotech giant Amgen announced another strategy to help address the coronavirus pandemic, entering into a manufacturing agreement with Eli Lilly to produce COVID-19 antibodies. Eli Lilly, based in Indianapolis, has been pursuing several antibody treatments for the virus, the two companies said in a Sept. 17 news release. With access to Amgen’s manufacturing Read More →
UCSB, Cal Poly, CLU all make top 10 in U.S. News rankings
UC Santa Barbara placed No. 30 on U.S. News & World Report’s latest ranking of national universities and sixth among public universities, one of three Central Coast colleges in the top 10 in its category. U.S. News released its annual “Best Colleges” lists for 2021 on Sept. 14, with the six colleges in the Tri-Counties Read More →
AeroVironment’s revenue up, profit down
AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →
Amgen to join exclusive Dow Jones club
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.
