Aera, Ventura County’s leading oil producer, sold to German firm
Energy, Latest news, Regions, Top Stories, Ventura CountyAera Energy, one of the biggest oil and gas producers in the tri-county region, will be sold by its owners, ExxonMobil and Shell, to a privately held German company, IKAV. The companies announced the deal Sept. 1. Shell owns about 52% of Aera, and Exxon owns about 48%. IKAV will pay about $4 billion in Read More →
Street Smarts: UCSB researchers take a closer look at global food supply
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Portfolio Watch: Recessions and re-globalization
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Amgen reports pair of positive clinical trial results
Banking & Finance, Health Care & Life Science, Latest news, Regions, Tri-County Public Companies, Ventura CountyAmgen announced positive results from clinical trials of two separate drugs in late August. On Aug. 30, the Thousand Oaks-based biotech giant said its Phase 3 trail evaluating daily oral doses of Lumakras, a treatment for non-small cell lung cancer, “met its primary endpoint of progression-free survival” and demonstrated statistically significant superiority over the current Read More →
Introducing the 40 Under 40, Class of 2022
Latest news, middleThe Pacific Coast Business Times has published its annual 40 Under 40 special report and will hold an event to celebrate the Class of 2022 on Sept. 22 at 5 p.m. at Topa Topa Brewing Company’s Colt Street location in Ventura. The 40 Under 40 published Aug. 26 and is available here on the Business Read More →
Portfolio Watch: Don’t turn away from value stocks just yet, says UBS
Banking & Finance, Latest news, Personal Finance• UBS writes that despite the recent rally in the S&P 500, it may not be time to shift away from a value orientation in picking equities. In a weekly update it tells investors that while “growth stocks have rallied sharply” from mid-June lows, “lingering uncertainty around inflation” and Fed moves “point toward further outperformance Read More →
Street Smarts: Naval Base Ventura County tests the latest in assessment and damage control
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