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By Staff Report / Monday, June 9th, 2014 / Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Amgen hires former 3M exec as CFO
Amgen has hired David Meline, formerly with industrial conglomerate 3M Co., as its new chief financial officer. At 3M, Meline was responsible for the finances of a Minnesota-based company with more than $30 billion in worldwide revenues. Amgen, the world’s largest biotechnology firm, had profits of $5 billion in 2013, a 17 percent increase from Read More →
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By Staff Report / Monday, June 2nd, 2014 / Top Stories / Comments Off on Ventura County pension reform effort collects 40K signatures
A grassroots effort to junk Ventura County’s defined-benefit pension plan and replace it with a 401(k)-style defined contribution plan took a step forward on June 2, when County Clerk and Recorder Mark Lunn certified that enough signatures have been collected to place the initiative on the November ballot. Advocates for the so-called Initiative for Pension Read More →
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By Staff Report / Friday, May 30th, 2014 / Banking & Finance, South Coast, Technology, Tri-County Public Companies / Comments Off on QAD shares soar on narrower Q1 loss
Shares of software firm QAD shot up almost 7 percent in midday trading on Friday after the company reported a smaller first-quarter loss. Santa Barbara-based QAD posted a quarterly loss of $76,000, or 1 cent per Class A share and break-even for Class B shares, compared to a loss of $1.3 million a year earlier. Read More →
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By Staff Report / Friday, May 30th, 2014 / Top Stories / Comments Off on Six victims came from diverse backgrounds
The four men and two women who were killed in the Isla Vista massacre were described by friends and family as bright and happy students. Most had lived in California all their lives, while one was born in Taiwan. James Hong, 20, of San Jose, was a second-year computer engineering major born in Taipei. He Read More →
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By Staff Report / Thursday, May 29th, 2014 / South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Resonant IPO raises $16.2M to fuel Skyworks deal
Shares of Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to Apple, were up 50 percent in the first day after it raised $16.2 million in an initial public offering.
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By Staff Report / Thursday, May 29th, 2014 / East Ventura County, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Harrison Industries matriarch dies at age 99
Myra Harrison, co-founder and matriarch of E. J. Harrison & Sons, one of the largest private enterprises in Ventura County, has died at age 99. A news bulletin from the Harrison family said she died in her sleep on May 25. She was the daughter of Francisca Moraga Velarde and Elias Velarde and her ancestors Read More →
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