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Procore goes public, stock jumps 34%

By   /  Thursday, May 20th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore goes public, stock jumps 34%

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

Editor’s note: This article was updated after the market closed at 1 p.m. to reflect Procore’s closing price. Carpinteria-based Procore Technologies began trading on the New York Stock Exchange on May 20 and saw its share price shoot up 33.7% on its first day, to close at $89.59. Procore priced shares of its initial public Read More →

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Latest

Procore awaits IPO

By   /  Monday, May 17th, 2021  /  Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore awaits IPO

Editor’s note: This article was updated May 19 to reflect the fact that Procore did not begin trading that day. The Carpinteria-based software company Procore Technologies expects to raise around $615 million in an IPO scheduled for no later than May 21. The Procore IPO is on the New York Stock Exchange’s calendar for the Read More →

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Apeel Sciences broadens its scope with first acquisition

By   /  Friday, May 14th, 2021  /  Agribusiness, Latest news, left, South Coast, Sponsored, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Apeel Sciences broadens its scope with first acquisition

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Real Estate: Camarillo Amazon warehouses fetch $154M

By   /  Friday, May 14th, 2021  /  Columns, Latest news, left, Real Estate, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Real Estate: Camarillo Amazon warehouses fetch $154M

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Latest

New study puts Vandenberg at $5.8B in economic impact, 20K jobs

By   /  Friday, May 14th, 2021  /  Central Coast, Latest news, middle, Technology, Top Stories, Tri-County Economy  /  Comments Off on New study puts Vandenberg at $5.8B in economic impact, 20K jobs

Editor’s note: This article was updated shortly after it was posted to include information about the planned renaming of the base. Vandenberg Air Force Base was responsible for 20,000 jobs and $5.8 billion in economic activity in 2020, with room to grow to $7.9 billion in output by 2030, according to a new study by Read More →

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Latest

Direct Relief comes to India’s aid during COVID crisis

By   /  Friday, May 14th, 2021  /  Central Coast Health Watch, Latest news, middle, Nonprofits, Subscriber content, Top Stories  /  Comments Off on Direct Relief comes to India’s aid during COVID crisis

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Sonos shares up after strong earnings report

By   /  Wednesday, May 12th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos shares up after strong earnings report

Sonos saw a record second quarter as it reported $17.2 million in net income on May 12, up from a steep loss the year before, and beat analysts’ expectations. The Santa Barbara-based home sound system producer went from a net loss of $52.3 million, or 48 cents per share, in the second fiscal quarter of Read More →

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