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Mercado: Sonos is banking heavily on new products, same customers | Pacific Coast Business Times

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
Latest News Subscriber Content Tri County Economy

Santa Barbara real estate group purchases multifamily community | Pacific Coast Business Times

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
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New product possibilities excite Sonos analysts, stock | Pacific Coast Business Times

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
Sonos Beam Santa Barbara Based Sonos Latest News Subscriber Content Top Stories Top Story

Seven Central Coast breweries take home awards | Pacific Coast Business Times

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
United States Institution Ale Company Seven Central Coast Great American Beer Wild Fields Brewhouse Business Times

Inogen hopes new CEO can bring better results | Pacific Coast Business Times

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
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CRE: SLO County D.A. warns of rising real estate scam | Pacific Coast Business Times

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
Dan Dow San Luis Obispo County District Attorney Office San Luis Obispo County District Attorney District Attorney Dan Dow Latest News Real Estate

Vital signs: Inflation appears to be calming down as year ends | Pacific Coast Business Times

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
Bureau Of Labor Statistics Consumer Price Index Labor Statistics Latest News Subscriber Content

Street smarts: Savie Health raises $50K at luncheon | Pacific Coast Business Times

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
Pico Los Alamos Savie Health Santa Barbara County Pico Los Latest News Subscriber Content

The Trade Desk outperforms expectations but misses Q4 guidance | Pacific Coast Business Times

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
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CLU forum addresses AI challenges | Pacific Coast Business Times

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
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