Wine Buzz: ‘Exodus’ by insurance carriers leaves wineries in the lurch
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Amgen beats analysts’ expectations for earnings and revenue in Q2
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Velocity reports earnings growth in Q2
Real estate finance company Velocity Financial saw its second quarter net income increase and its total loan portfolio grow from 2021 to 2022, according to an earnings statement the company released on Aug. 4. The Westlake Village-based company reported net income of $10.6 million, or diluted earnings per share of 31 cents, in the second Read More →
Ventura County supervisors name interim CEO to permanent post
In naming interim leader Sevet Johnson to the permanent post of County Executive Officer, the Ventura County Board of Supervisors has taken another step toward restoring stability after the abrupt departure of former CEO Mike Powers in April. Johnson, a clinical psychologist and former deputy head of the Ventura County Health Care Agency, was named Read More →
Amgen to buy ChemoCentryx for $3.7B
Amgen was having a relatively quiet year on the mergers and acquisitions front, at least until Aug. 4, when the Thousand Oaks-based biotech firm announced it will purchase ChemoCentryx for nearly $3.7 billion. ChemoCentryx is a Silicon Valley biopharmaceutical company focused on orally administered therapeutics to treat autoimmune diseases, inflammatory disorders and cancer. It has Read More →
Real Estate: ‘Trophy asset’ apartment building in Santa Barbara sells for $4M
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Ventura, Santa Barbara County ag revenues both grew 5% in 2021
Both Santa Barbara and Ventura counties saw total agriculture revenue rise 5% between 2020 and 2021, combining for nearly $4 billion in revenue, despite a steep decline in a usually popular fruit, avocados. The 2021 crop reports for both Santa Barbara County and Ventura County were released in late July, while the county of San Read More →
