Amgen profits leap in third quarter
Shares of Thousand Oaks-based Amgen climbed past the $117 mark in after-hours trading Oct. 22 as third-quarter results blew through analyst forecasts with profits rising 24 percent. The world’s biggest biotech company reported a profit of $1.37 billion, or $1.79 per share, on revenue of $4.75 billion. Analysts were forecasting revenue of $4.6 billion and Read More →
Read More →Heritage Oaks to buy Mission Community for $56M
Paso Robles-based Heritage Oaks Bancorp is buying Mission Community Bank of San Luis Obispo for $56.4 million in cash and stock, the firms announced Oct. 21. Under the terms of the deal, Mission Community shareholders will get $8 million in cash and about 7.5 million shares of Heritage Oaks stock. The deal is valued at Read More →
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Central Coast opens doors for flood of Chinese tourists
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Read More →Ventura apartments sell for $82M
A 316-unit apartment complex in Ventura has changed hands for $82 million, one of the largest such deals in recent years. San Mateo-based private real estate investment management firm JB Matteson purchased the luxury Vanoni Ranch Apartments at 10676 Veronica Lane in Ventura. The seller was undisclosed. The apartment complex consists of 27 two-story buildings Read More →
Read More →Santa Barbara Foundation hands out honors
Santa Barbara County Schools Superintendent Bill Cirone and former KEYT Channel 3 owner Anne Smith Towbes shared the Santa Barbara Foundation’s 71st Man and Woman of the Year honors. Smith Towbes is the widow of the late Bob Smith, longtime owner of KEYT. Now married to Montecito Bank & Trust owner Mike Towbes, she was Read More →
Read More →Chumash withdraw land plans; won’t affect Camp 4
The Santa Ynez Band of Chumash Indians have withdrawn a land plan that the tribe’s opponents feared would make it easier for the tribe to add land into its reservation. The tribe has withdrawn its so-called Tribal Consolidation and Acquisition plan, which outlines more than 11,000 acres outside the tribe’s current reservation to which it Read More →
Read More →Brown taps Ventura County as one of state’s ‘innovation hubs’
Gov. Jerry Brown has named Ventura and Kern counties among four newly-established innovation hubs designed to spur job growth. The so-called Kern-Ventura i-Hub is designed to foster the growth of high-tech companies in aerospace, energy and other fields and is part of the California iDEA Hub. It will be based in Ridgecrest, in Kern County Read More →
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