NiMin drums up $4M
NiMin Energy Corp., an independent oil company based in Carpinteria, has raised $4 million in a private placement with an Australian bank. NiMin owns and drills onshore oil fields near Bakersfield and in Wyoming and southern Louisiana. It said the money will go toward developing its assets near Bakersfield. NiMin said it sold 2.7 million Read More →
Semtech, QAD earnings increase
Semtech 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 →
Amgen expects approval for Xgeva as bone treatment in April
Thousand 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 →
10-K report: Vitesse looks for profitability
In the space of a decade, Vitesse Semiconductor Corp. fell from the throne of a blue-chip stock to a largely unprofitable player in the communications industry.
Interlink earnings down 47%
Sensor technology company Interlink Electronics earned $718,000 in the second quarter, down 46.9 percent from $1.4 million a year ago.
NiMin reports $3.8M profit
NiMin Energy Corp. earned $3.8 million, or 6 cents per share, in the second quarter of the year, swinging back to black after a $2.5 million loss in the same period a year ago.
K-Swiss shares stumble on $20M loss
K-Swiss reported a second-quarter loss of $20 million, or 56 cents per share, on Aug. 4, tripping up analysts who had predicted a 30-cent per share loss.
