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By Staff Report / Thursday, January 26th, 2012 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on First California reports record 2011 earnings of $23.4M
[wikichart align=”right” ticker=”NASDAQ:FCAL” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Westlake Village-based First California Financial Group reported profits of $23.4 million in 2011, a company earnings record. A year earlier, it had earned $1.4 million. “Our record breaking performance in 2011 was driven by the combination of continued successful execution of our strategic plan that focuses Read More →
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By Staff Report / Thursday, January 26th, 2012 / Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen to pay $1.2B for cancer drug firm
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Thousand Oaks-based Amgen is buying a leukemia drug maker for $1.2 billion in a bid to boost its blockbuster drug lineup. Amgen, the world’s largest biotech company, said Jan. 26 that it will purchase Maryland-based Micromet, maker of an experimental leukemia drug. Investors of Microment will Read More →
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By Staff Report / Tuesday, January 17th, 2012 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Venoco’s board agrees to CEO buyout
[Editor’s Note: This story was updated on Jan. 18] Venoco CEO Tim Marquez has agreed to pay $12.50 per share to take his Denver and Carpinteria-based oil and gas company private. In a deal announced shortly before the markets opened on Jan. 17, Venoco said the company had agreed to accept an offer that Marquez, Read More →
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By Staff Report / Thursday, December 15th, 2011 / Latest news, Technology, Tri-County Public Companies / Comments Off on Amgen CEO to step down
Kevin Sharer, chairman and CEO of Amgen, is set to retire in May, the Thousand Oaks-based company said on Dec. 15. Current president and chief operating officer Robert Bradway will become the company’s new CEO. Sharer led Amgen, the largest private-sector employer in Ventura County, for 11 years. He oversaw the company’s transition from the Read More →
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By Staff Report / Thursday, December 8th, 2011 / Latest news, Tri-County Public Companies / Comments Off on Amgen wraps up buyback auction
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”08-06-2011″ enddate=”08-12-2011″ width=”300″ height=”245″] Amgen, based in Thousand Oaks, expects to repurchase 9.6 percent of its outstanding shares at a price of $60 per share after asking shareholders to name their price in a buyback auction. The biotech giant and major Ventura County employer said Dec. 8 it had completed Read More →
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By Stephen Nellis / Friday, December 2nd, 2011 / Top Stories, Tri-County Public Companies / Comments Off on Venoco, state tangle over oil royalties
[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”02-06-2011″ enddate=”02-12-2011″ width=”300″ height=”245″] Venoco faces allegations from the State Lands Commission that it underpaid the state $9.5 million for the oil pumped from Platform Holly off the Goleta coast. The claims came in a lawsuit filed Nov. 16 by the State Lands Commission in Santa Barbara Superior Court. It Read More →
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By Stephen Nellis / Friday, December 2nd, 2011 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Lenco Mobile proposes $42M merger deal
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