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You are here:  Home  >  Articles by Staff Report  -  Page 398
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Camarillo Plaza sells for $17.8M out of bankruptcy

By   /  Tuesday, November 12th, 2013  /  Real Estate  /  1 Comment

The bankrupt Camarillo Plaza community shopping center has been sold to an undisclosed Beverly Hills buyer for $17.8 million after receiving 20 separate offers.

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Paso Robles named Wine Region of the Year

By   /  Tuesday, November 12th, 2013  /  Central Coast, Latest news, Tourism, Wine & Viticulture  /  Comments Off on Paso Robles named Wine Region of the Year

Paso Robles wine country has been named Wine Region of the Year by Wine Enthusiast magazine, beating out long-established players.

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ImmunGene raises $9M

By   /  Thursday, November 7th, 2013  /  East Ventura County, Technology, Top Stories  /  Comments Off on ImmunGene raises $9M

Thousand Oaks-based ImmunGene, a cancer treatment firm led by a former Amgen scientist, has raised $9 million from Ally Bridge Group, an investment group with ties to Hong Kong.

ImmunGene’s so-called antibody-cytokine fusion technology could help improve the cancer-cell targeting in therapies. President and CEO Sanjay D. Khare was formerly the scientific director at Amgen, the biotech giant. Prior to the funding, ImmunGene had received several hundred thousand dollars in federal research grants.

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Port of Hueneme unveils marine test program

By   /  Tuesday, November 5th, 2013  /  Technology, Tri-County Economy, West Ventura County  /  Comments Off on Port of Hueneme unveils marine test program

Called MAST, short for Marine Advanced Systems and Technology, the program will create an innovation hub of sorts for companies to test paint, products and devices for their ability to operate in marine environments.

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Salem profits soar on higher Internet revenue

By   /  Tuesday, November 5th, 2013  /  Banking & Finance, Earnings, Technology, Tri-County Public Companies  /  Comments Off on Salem profits soar on higher Internet revenue

Christian and conservative media operator Salem Communications Corp.’s third-quarter profits jumped 58 percent to $5.3 million, or 21 cents per share, as revenue increased 3.1 percent to $58.5 million. The Camarillo-based firm’s revenue continued to shift to the Web, with third-quarter Internet revenue increasing 20.4 percent to $9.4 million.

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ValueClick profits jump 33%, firm to sell sites

By   /  Tuesday, November 5th, 2013  /  Banking & Finance, Earnings, Technology, Tri-County Public Companies  /  Comments Off on ValueClick profits jump 33%, firm to sell sites

Online advertising firm ValueClick’s third-quarter profits jumped 33 percent to $22.1 million and the firm announced plans to sell off company-owned websites such as Investopedia.com and CouponMountain.com.

“We delivered strong profitability and cash flow in the third quarter, driven by a continued mix shift into our higher-value-added offerings,” ValueClick CEO and President John Giuliani said in a news release. “Solid year-over-year growth in our CRM, affiliate marketing, mobile, video and cross-device solutions was offset by weakness in our insertion order display business within the media segment.”

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2014 Amgen Tour set to cycle through four of region’s cities

By   /  Tuesday, November 5th, 2013  /  Central Coast, East Ventura County, South Coast, Tourism, Tri-County Economy  /  Comments Off on 2014 Amgen Tour set to cycle through four of region’s cities

The 2014 Amgen Tour of California, the largest cycling race in the U.S., will visit four cities in the Tri-Counties in May. The eight-day annual event will roll through Cambria, Pismo Beach and Santa Barbara before concluding at the finish line in Thousand Oaks.

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