Minority group opposes PCBC-Union deal
The San Francisco African American Chamber of Commerce has told banking regulators that it opposes Union Bank’s $1.5 billion acquisition of Santa Barbara-based Pacific Capital Bancorp, according to the business newspaper for that region. The San Francisco Business Times reports that the chamber has told regulators it opposed the deal because it feels San Francisco-based Read More →
Where in the world do the Amgen jets go?
Kevin Sharer concluded his decade-long reign at the helm of the world’s largest biotechnology company on May 23, when he handed the CEO reins over to Robert Bradway. But the former chief executive of Thousand Oaks-based Amgen will continue to keep a leased office, secretary and other perks through the end of 2017, according to Read More →
Corporate close-up: A look at the region’s highest-paid public company executives
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Underperforming stock price prompts Dole to put asset sales on menu
By staff and wire reports on May 18, 2012 A strategic review going on at Dole Food Co. could lead to a major overhaul and asset sales at the one of the biggest companies headquartered in the Westlake Village-Thousand Oaks corporate corridor. Amid disappointing results, Dole shares have struggled to get to double-digits, a thorn Read More →
ValueClick powers up video advertising platform
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NiMin reports $1.5M loss
NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →
