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Amgen Q4 earnings drop 8.5%

By   /  Thursday, January 26th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Amgen Q4 earnings drop 8.5%

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Biotech giant Amgen, which said earlier on Thursday that it would pay $1.2 billion for leukemia drugmaker Micromet, reported fourth-quarter earnings that missed analyst expectations. The Thousand Oaks-based company said fourth-quarter profits fell 8.5 percent to $934 million, or $1.08 per share, on lower sales of Read More →

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Amgen to pay $1.2B for cancer drug firm

By   /  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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Los Robles expansion nears milestone

By   /  Friday, January 20th, 2012  /  Top Stories, Tri-County Economy  /  Comments Off on Los Robles expansion nears milestone

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Stalled in Simi Valley: Redevelopment projects slide to a halt

By   /  Friday, January 20th, 2012  /  Banking & Finance, Features, Tri-County Economy  /  Comments Off on Stalled in Simi Valley: Redevelopment projects slide to a halt

Come Feb. 1, several business improvement programs in Simi Valley will come to halt.

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RDA shutdown looms for TO, Santa Barbara

By   /  Friday, January 13th, 2012  /  Top Stories, Tri-County Economy  /  Comments Off on RDA shutdown looms for TO, Santa Barbara

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Patent ruling a lucrative gift for Amgen

By   /  Friday, December 23rd, 2011  /  Top Stories  /  1 Comment

Thousand Oaks-based Amgen made national headlines on Dec. 15 when it announced that Kevin Sharer, its longtime CEO who has drawn intense scrutiny for pay that ballooned while Amgen’s stock stagnated, will retire next year. But the more critical news to the future of Amgen, the biggest private-sector employer in Ventura County, was not that Read More →

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Amgen CEO to step down

By   /  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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