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Amgen teams up with competitors in COVID treatment trial

By   /  Monday, August 3rd, 2020  /  Biotech, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Amgen teams up with competitors in COVID treatment trial

Amgen has joined two of its competitors in launching a trial for drugs to treat patients with COVID-19. Together with Chicago-based AbbVie and Japanese drugmaker Takeda Pharmaceutical, the Thousand Oaks biotech giant said Aug. 3 it had enrolled the first patients into a clinical trial for the anti-inflammatory drugs Otezla, cenicriviroc and Firazyr. Otezla is Read More →

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Deckers beats expectations with rising sales, shrinking losses in second quarter

By   /  Friday, July 31st, 2020  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers beats expectations with rising sales, shrinking losses in second quarter

Goleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →

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Hair: Procore campus, listed at $48M, sells for undisclosed amount

By   /  Friday, July 31st, 2020  /  Latest news, Real Estate  /  Comments Off on Hair: Procore campus, listed at $48M, sells for undisclosed amount

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

Procore’s Carpinteria campus, which also houses a couple of other buildings, was recently sold to an out-of-town investor. The 9.3-acre shorefront campus at 6303-6309 Carpinteria Ave., once the headquarters of CKE Restaurants, was sold by an investment group, which Hayes Commercial Group partners Francois DeJohn and Steve Hayes represented in the sale. The three-building campus Read More →

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Breakthrough gives citrus growers hope

By   /  Friday, July 31st, 2020  /  Agribusiness, Latest news  /  Comments Off on Breakthrough gives citrus growers hope

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LTC sees big revenue drop after rent losses

By   /  Friday, July 31st, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC sees big revenue drop after rent losses

LTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →

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Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch

By   /  Thursday, July 30th, 2020  /  East Ventura County, Latest news, Technology, West Ventura County  /  Comments Off on Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch

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Coalition set to unveil aerospace economic plan

By   /  Wednesday, July 29th, 2020  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Coalition set to unveil aerospace economic plan

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