Coalition set to unveil aerospace economic plan
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Read More →Amgen meets analyst estimates, but shares drop on Q2 earnings decline
Amgen’s revenues climbed 6 percent in the second quarter, to $6.2 billion, despite the COVID-19 pandemic limiting hospital and physician operations and putting a hitch in diagnosis and treatment for many patients. Amgen’s earnings, announced July 28, met average analyst estimates. However, a 17 percent overall decline in net income for the Thousand Oaks biotech Read More →
Read More →Oxnard’s Cure makes $20M buy of CBD firm
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Read More →American Riviera Bank earnings tick up in Q2
American Riviera Bank saw a slight rise in its unaudited net income in the second quarter, but the Santa Barbara-based bank is still facing a decreased net income for the year as it prepares for loan losses. The bank’s unaudited net income in the second quarter of 2020 was $1.56 million, up from $1.51 million Read More →
Read More →Teledyne stock climbs as Q2 earnings beat analyst estimates
Second-quarter sales for Thousand Oaks-based Teledyne Technologies dipped 5 percent to $743.3 million, and net income beat analyst estimates, sending the stock up 2.5 percent in early trading. Net income fell around 10 percent compared to the previous year’s second quarter to $93.7 million, or $2.48 per share, squarely beating analyst predictions of around $2 Read More →
Read More →Crimson, contractor will pay $1.6M to settle claims over 2016 Ventura oil spill
The companies responsible for a 2016 oil spill in the Ventura foothills will pay the state and county $1.6 million in a legal settlement announced July 21. Crimson Pipeline agreed to pay $1.3 million in civil penalties and costs, according to a news release from Ventura County District Attorney Greg Totten’s office. Crimson’s contractor, CD Read More →
Read More →June unemployment drops in region, still historically high
Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties all dropped in June, but all three remained in double digits, and worse than the nadir of the Great Recession a decade ago, according to data released July 17 by the California Employment Development Department. Ventura County’s unemployment rate was 12.6 percent in June, Read More →
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