Tax measures could alter tri-county marijuana market
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Deckers Outdoor first quarter operating loss bigger than last year
Goleta-based Deckers Outdoor announced an operating loss of $78.3 million, a 23 percent increase over the same period last year, for its fiscal first quarter 2017, ended June 30. Diluted losses per share rose from $1.43 to $1.84 year-over-year due to decreases in sales across its Ugg, Teva and Sanuk brands. The timing of order Read More →
Lockheed Martin second quarter earnings beat analyst estimates
Lockheed Martin revenues increased slightly and the company beat analyst estimates when it reported second quarter earnings results July 19. Lockheed Martin said sales increased during the quarter from $11.6 billion during the same quarter in 2015 to $12.9 billion in 2016. Earnings per share increased from $2.94 to $3.32 per share over the same Read More →
Goleta’s InTouch Health picks DeVivo to replace Wang as CEO
Goleta-based telemedicine provider InTouch Health appointed Joseph DeVivo as the new CEO to replace former CEO Dr. Yulun Wang, the company announced July 19. DeVivo was most recently the CEO of New York-based AngioDynamics, a publicly traded medical device manufacturer. He has more than 25 years of experience in the health care industry. “InTouch Health Read More →
Cost concerns hold up Cottage-Sansum merger
It was the biggest celebration in Santa Barbara’s history. The 1889 Grand Carnival at the Lobero Theatre attracted more than 5,000 residents who donated $2,742 — about $73,000 in current dollars — to help build the area’s first hospital. The carnival fundraiser was the brainchild of a group of 50 women who set out Read More →
Habit markets burger everywhere except Santa Barbara
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Tri-county Wendy’s restaurants hacked in cyber attack
Several tri-county Wendy’s restaurants were hacked by malware, the company said July 7. Wendy’s restaurants in Ventura, Oxnard, Goleta, Lompoc, Paso Robles and two restaurants in Camarillo were hit with malware that may have stolen customers’ credit and debit card information. The company said in a news release customers’ names, credit card numbers, expiration dates, Read More →
