ValueClick to buy Dotomi for $295M
ValueClick said Aug. 2 that it will pay $295 million to acquire Chicago-based online advertising firm Dotomi, the same day the Westlake Village-based firm announced earnings that beat analyst expectations.
PCBC earns $21M in Q2
Pacific Capital Bancorp took another step toward getting out from under its regulatory consent order, reporting second-quarter net income of $21 million, or 64 cents per share, on July 27.
Inphi shares take beating on lower profits
Wall Street punished Inphi Corp. on July 27, pushing down shares 20 percent after the company reported lower-than-expected earnings and gave a gloomier financial forecast than analysts had predicted.
New CalAmp CEO walks in as focus shifts
CalAmp is back. The Oxnard-based firm, which trades on the Nasdaq and has a 98,0000-square-foot facility in the Tri-Counties, had a brush with death when it temporarily lost a huge customer and revenues halved. But analysts say the company’s turnaround team has righted the ship and handed off power to a new CEO.
Calavo bags fresh food firm for $96M
Calavo Growers’ $96 million purchase of a fast-growing fresh food company signals that it’s come a long way since its homegrown roots as an avocado cooperative.
Beyond biologics: Amgen bets new drugs will pay dividend
Amgen executives believe the biotech giant will grow substantially in the next decade, pursuing drugs that treat major melanoma and bone loss.
