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Amgen power handoff comes at critical time

By   /  Friday, May 18th, 2012  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen power handoff comes at critical time

Incoming Amgen chief Robert Bradway takes the baton from longtime CEO Kevin Sharer as the world’s largest biotech company makes critical decisions about how it will compete with Big Pharma and biosimilars. Amgen, the Tri-Counties’ only blue-chip stock and the largest employer in the region with more than 6,000 employees, will install Bradway, a former Read More →

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ValueClick powers up video advertising platform

By   /  Friday, May 18th, 2012  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on ValueClick powers up video advertising platform

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Simi Valley Hospital rolls out labs as new CEO takes helm

By   /  Friday, May 18th, 2012  /  Top Stories  /  Comments Off on Simi Valley Hospital rolls out labs as new CEO takes helm

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Shareholder threatens to oust board after First California rejects offer

By   /  Monday, May 14th, 2012  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Shareholder threatens to oust board after First California rejects offer

An aggressive major shareholder in First California Financial Group has threatened to move to oust the company’s board after the bank rejected a buyout offer from PacWest Bancorp. New York-based Basswood Capital Management, which said in a regulatory filing that it owns 5.2 percent of the common stock of First California, issued the sternly worded Read More →

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County: Wage rules apply to hotel rebate

By   /  Friday, May 11th, 2012  /  Law & Goverment, Real Estate, Top Stories, Tourism  /  2 Comments

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PacWest tops Umpqua offer with $58.1M deal

By   /  Friday, May 4th, 2012  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on PacWest tops Umpqua offer with $58.1M deal

PacWest Bancorp’s $58.1 million offer to buy American Perspective Bank has trumped an earlier deal for the Central Coast lender and puts San Luis Obispo County in play as a banking hotspot. The April 30 acquisition offer from PacWest, parent of Pacific Western Bank, comes three weeks after Umpqua Holdings Corp. of Oregon said it Read More →

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Hampton Inn marks first new hotel in SLO since recession

By   /  Friday, May 4th, 2012  /  Central Coast, Real Estate, Top Stories, Tourism  /  Comments Off on Hampton Inn marks first new hotel in SLO since recession

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