Venoco CEO offers to take firm private
Latest news[EDITOR’S NOTE: There’s an updated version of this story: “Venoco sued over CEO’s offer“] The CEO of oil and gas company Venoco wants to take the company private in a proposed buyback deal that would value the entire company at $734 million. Denver-based Venoco said Aug. 29 that CEO and Chairman Tim Marquez has offered Read More →
Spirit of Small Business 2011 event photos
Features, Small BusinessVisit www.facebook.com/pacbiztimes for more photos from this year’s event.
Guest op/ed: Region will benefit from AT&T, T-Mobile deal
Op/Eds, OpinionAT&T’s recently announced plan to acquire T-Mobile is great news for the Central Coast.
Semtech, QAD earnings increase
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesSemtech earns $27.1M, amps up repurchase program Semtech Corp. said Aug. 25 that it earned $27.1 million in second-quarter profits and that it would expand its stock repurchase plan by $36 million. The board of the Camarillo-based semiconductor firm had previously authorized $14 million as part of the plan to buy back stock. Semtech saw Read More →
Inphi shares plummet 17% in after-hours trading
Banking & Finance, Banking Industry, Latest news, TechnologyShares of Inphi Corp. soared more than 13 percent in day trading on Aug. 23, before plummeting almost 17 percent in after-hours trading as the company issued a statement saying it’s lowering its revenue outlook for the second half of the year. The semiconductor company said in a statement that it has recently become aware Read More →
Amgen expects approval for Xgeva as bone treatment in April
Banking & Finance, Latest news, Technology, Tri-County Public CompaniesThousand Oaks-based Amgen said Aug. 22 that the U.S. Food and Drug Administration will likely make a decision by April 26, 2012 on the biotech firm’s application to expand the use of its Xgeva bone treatment drug to treat advanced prostate cancer. Amgen, the largest biotech company in the world, said in a statement that Read More →
Perfect Promotional signs large lease in Camarillo
Latest news, Real EstatePerfect Promotional Products, a company that customizes T-shirts, mugs and other promotional products for companies, has signed an 85,000-square-foot lease in the Mission Oaks Business Park in Camarillo. The company signed a seven-year lease on the industrial space at 5217 Camino Ruiz valued at about $3.8 million, according to Lee & Associates-LA North/Ventura, which represented Read More →
