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Amgen’s profits jump as forecast brightens

By   /  Tuesday, October 23rd, 2012  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen’s profits jump as forecast brightens

Amgen reported higher-than-expected earnings on Oct. 23 and raised its outlook for the rest of the year. Amgen’s earnings are regionally significant because the Thousand Oaks biotech firm is Ventura County’s largest private sector employer. The company turned in adjusted third-quarter earnings of $1.67 a share, topping the Wall Street estimate of $1.47 by a Read More →

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The high-tech plumber: Sani-Tech West keeps big bio names flowing

By   /  Friday, October 19th, 2012  /  Features, Technology  /  Comments Off on The high-tech plumber: Sani-Tech West keeps big bio names flowing

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Editorial: Following-up on Congressional insider trades

By   /  Friday, August 17th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: Following-up on Congressional insider trades

In late July, our news pages carried an article  about a series of potentially favorable stock trades in shares of Thousand Oaks-based Amgen that may have benefited the wealthy wife of U.S. Sen. John Kerry. Disclosure of the trades, made in 2007 on behalf of a trust that benefits Teresa Heinz Kerry, would not have Read More →

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Newsom talks business recruitment at Amgen HQ

By   /  Friday, July 27th, 2012  /  Latest news  /  Comments Off on Newsom talks business recruitment at Amgen HQ

With about 100 Ventura County leaders gathered at the sprawling Amgen campus in Thousand Oaks, Lt. Gov. Gavin Newsom made a rare appearance in the Tri-Counties on July 27 to promote a new “Gold Team” effort to recruit businesses to California. Taking a stab at bi-partisanship, he appeared at the podium with Republican Assemblyman Jeff Read More →

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Analysis: John Kerry trades on Amgen show loophole in new law

By   /  Friday, July 27th, 2012  /  Banking & Finance, Law, Technology, Top Stories, Tri-County Public Companies  /  1 Comment

By Julian Moore, Special to the Business Times, on July 27, 2012 In August, stock sales by members of Congress and thousands of federal employees will get new scrutiny under the STOCK Act, a law passed in April to combat insider trading among government officials. But a Business Times examination of the timing of the Read More →

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Amgen Q2 earnings up 8 percent

By   /  Thursday, July 26th, 2012  /  Latest news  /  Comments Off on Amgen Q2 earnings up 8 percent

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-01-2012″ enddate=”26-07-2012″ width=”300″ height=”245″] Amgen’s earnings beat market expectations in the second quarter and rose 8.2 percent, the Thousand Oaks-based biotech giant said in a July 26 report. The company reported a profit of $1.27 billion, or $1.61 a share, up from $1.17 billion, or $1.25 a share,  a year Read More →

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Whistleblower makes DaVita cough up $55M

By   /  Friday, July 13th, 2012  /  Top Stories, Tri-County Public Companies  /  Comments Off on Whistleblower makes DaVita cough up $55M

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