The Trade Desk reports strong income growth
The Trade Desk reported a 29 percent increase in net income in its fiscal year 2016 earnings statement Feb. 16 and filed a proposal with the Securities and Exchange Commission for a follow-on stock offering. The Ventura advertising platform company made $10.3 million in the fourth quarter of 2016 for a total of $20.5 million Read More →
Read More →Santa Barbara city, county suing landlord Dario Pini for $8.1 million in penalties
Updated at 5:50 p.m. on Feb. 16: Santa Barbara County District Attorney Joyce Dudley and Santa Barbara City Attorney Ariel Calonne filed a lawsuit against infamous landlord Dario Pini seeking more than $8.1 million in penalties for alleged unfair business practices, the DA announced Feb. 16. The suit stems from the city’s inspection of the Read More →
Read More →AeroVironment releases pilot program details at expo
Unmanned aircraft systems company AeroVironment published details from its pilot program and debuted a new drone and support system at the World Ag Expo and National Farm Machinery Show Feb. 14 in Tulare, CA. Based in Monrovia, with operations in Simi Valley, the company partnered with farmers and universities to develop a drone that would Read More →
Read More →Amgen applies for FDA approval of Blincyto
Thousand Oaks-based Amgen submitted an application for Blincyto to the U.S. Food and Drug Administration, the company announced on Feb. 14. Amgen aims to gain approval for Blincyto to treat Philadelphia chromosome-positive relapsed or refractory B-cell precursor acute lymphoblastic leukemia. The drug was previously granted breakthrough therapy designation and accelerated approval in December 2014. “Acute Read More →
Read More →Thousand Oaks Boulevard mixed-use project gets green light
The Thousand Oaks Planning Commission voted 3-1 to move ahead with the specific plan’s first mixed-use project on Feb. 13. Thousand Oaks-based Daly Group aims to turn the former Lupe’s Mexican restaurant at 1710 Thousand Oaks Boulevard into a three-story project featuring 36 apartments and close to 5,000 square feet of commercial space. The apartments Read More →
Read More →Mercer Advisors acquires Duckworth Wealth Advisors
Santa Barbara-based investment firm Mercer Advisors acquired Duckworth Wealth Advisors in Newport Beach, the company announced Feb. 13. Mercer acquired Duckworth and its $160 million in client assets for an undisclosed price, creating a combined company with more than $9.6 billion and 6,400 clients nationwide. Duckworth offers investment management, financial planning, estate and tax planning Read More →
Read More →Highway 101 widening on list of priority projects to be considered by Trump
President Donald Trump’s administration might include the South Coast’s Highway 101 HOV widening project as part of its Federal Transportation Investment Program. The state of California has included the massive transportation project on its $100 billion list of high priority transportation projects in the state. The state submitted the Highway 101 project to the National Read More →
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