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November 27, 2023
If there's one thing I have noticed since I started following Sonos, it is how proud the company is when existing households in their pipeline buy more products. That isn't to say Sonos isn't focused on always marketing to new customers — a metric which grew 9% in the latest fiscal year with the company
November 27, 2023
Santa Barbara-based Granite Capital Group, a real estate investment firm with multiple real estate holdings in Colorado, Montana, Texas and California, completed a $58 million purchase of The Boulders Apartments. (courtesy photo) By Staff Report Santa Barbara-based Granite Capital Group, a real estate investment firm with multiple real estate holdings in Colorado, Montana, Texas and
November 27, 2023
The Sonos Beam was released in 2022. (courtesy photo) Shares of Santa Barbara-based Sonos have risen nearly 25% since Nov. 15, but all that excitement isn't centered around the company's latest earnings report — which were strong — but rather on what future earnings reports could hold. During Sonos' fourth quarter and fiscal year 2023
November 27, 2023
Institution Ale Company is based in Camarillo. (courtesy photo) Seven Central Coast breweries are drinking in all the awards they won at the recent Great American Beer Festival. “It’s an awesome recognition for us as a business,” Jacque Fields, co-founder of the Wild Fields Brewhouse in Atascadero, told the Business Times on Nov. 6. Wild
November 18, 2023
In the wake of recent disappointing earnings results, Goleta-based Inogen has appointed a new chief executive to try to right the ship. Kevin Smith, most recently the CEO at Sirtex Medical Limited, a global manufacturer of interventional treatment solutions, was named Inogen’s new CEO effective immediately, succeeding Nabil Shabshab. Inogen did not give a reason
November 17, 2023
By Staff Report As part of its ongoing investigation into a rising real estate scam, the San Luis Obispo County District Attorney’s Office has thwarted nearly $9 million in fraudulent property sales, the agency announced Nov. 13. As he did in May, District Attorney Dan Dow is again urging property owners and real estate professionals
November 17, 2023
The latest Consumer Price Index report from the Bureau of Labor Statistics released on Nov. 14 showed some positive trends that helped ease inflation concerns and helped the overall stock market. In October, the consumer price index increased 3.2% year-over-year but down from 3.7% in September, according to the report. Moreover, the number is significantly
November 17, 2023
Savie Health, a free health clinic for Santa Barbara County’s uninsured community members located in Lompoc, raised close to $50,000 at its Nov. 4 Luncheon, held at Pico Los Alamos. The money will go toward continuing the firm’s mission of providing free healthcare to those who are uninsured for whatever reason. OPEN COMPETITION Since 2003, in
November 17, 2023
Shares of Ventura-based The Trade Desk slipped as much as 30% on Nov. 10, one day after the company shared its earnings for the third quarter, but in the days that followed, shares have regained some of those losses. The Trade Desk, an advertising tech firm, actually posted strong third quarter results, as the company
November 17, 2023
Damon Young, managing director of Polywise Partners, was one of ten speakers at a Nov. 14 AI forum at California Lutheran University in Thousand Oaks. (Mike Harris / PCBT Staff) Scott Klososky has no fear about Artificial Intelligence’s future impact on the human race. The self-styled “digital philosopher” doesn’t buy fictional scenarios in movies and books