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Amgen stock tumbles after earnings report

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Biotech, Earnings, East Ventura County, middle, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen stock tumbles after earnings report

Editor’s note: This article was updated at 8:35 a.m. on April 28 with up-to-date information on Amgen’s stock price. Amgen’s shares fell nearly 8% following the company’s April 27 release of its first quarter 2021 earnings, which saw a decline in both revenue and net income compared to a year earlier. Amgen is headquartered in Read More →

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American Riviera Bank tops $1B in assets

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on American Riviera Bank tops $1B in assets

American Riviera Bank recorded more than $1 billion in assets for the first time when it reported its financial results for the first quarter of 2021. The Santa Barbara-based bank saw its net income rise during the quarter to $2.56 million, or 50 cents per share, compared to net income of $1.2 million, or 23 Read More →

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Flights to start in June between SLO and San Diego, Portland

By   /  Tuesday, April 27th, 2021  /  Central Coast, Latest news, Tourism, Tri-County Economy  /  Comments Off on Flights to start in June between SLO and San Diego, Portland

Editor’s note: This article has been updated to correct a reference to Alaska Airlines’ Santa Barbara-San Diego route. That route has not begun service yet. Alaksa Airlines will begin flying between San Luis Obispo and both Portland and San Diego on June 17. Both routes were originally planned to start last year but were delayed Read More →

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Santa Barbara County cannabis company to go public in $567M merger

By   /  Friday, April 23rd, 2021  /  Agribusiness, Banking & Finance, Latest news, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Santa Barbara County cannabis company to go public in $567M merger

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Evidation Health closes funding round with $1B valuation

By   /  Friday, April 23rd, 2021  /  Banking & Finance, Central Coast Health Watch, Latest news, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Evidation Health closes funding round with $1B valuation

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SLO Brewing incubates its first successful spin-off beer

By   /  Friday, April 23rd, 2021  /  Central Coast, Latest news, middle, Small Business, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on SLO Brewing incubates its first successful spin-off beer

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Small speaker is a big move for Sonos

By   /  Friday, April 23rd, 2021  /  Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Small speaker is a big move for Sonos

The newest speaker from Sonos, Roam, made its debut April 20 and has the potential to help the Santa Barbara smart-speaker company grow in 2021 and beyond. Roam is Sonos’ first attempt into breaking into the portable Bluetooth speaker market, a market that is expected to see an annual growth rate of 11.71% from 2019 Read More →

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