Defense firm to cut 170 jobs in Thousand Oaks
A defense contractor is cutting about 170 jobs in Thousand Oaks as it shutters a facility that made signal jammers to prevent IED attacks during the Iraq war. McLean, Va.-based ITT Exelis’ electronic systems division operated a factory with about 215 employees on Willow Lane in Thousand Oaks. About 45 of those workers will be Read More →
Amgen kicks off debt offering
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Amgen has priced more than $1 billion in debt offerings as it loads up on cash for its massive stock buyback and dividend program. The company said it had priced $550 million of senior notes due 2018 and an additional $475 million in senior notes due Read More →
BofA lays off 140 in Conejo Valley
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
City sets new rules, plans to revamp Thousand Oaks business district
Thousand Oaks is revamping its business district by loosening regulations and making the area more pedestrian-friendly.
Developers plant Marriott flag in Goleta with $28M joint venture
By this time next year, the South Coast will have its first Marriott, a $28 million hotel in the heart of Goleta’s technology corridor.
Amgen launches $5B buyback
Amgen said Nov. 7 that it plans to buy back $5 billion of its shares as part of a push to return profit to stockholders. Shares of the Thousand Oaks-based drugmaker jumped 4.5 percent in morning trading. Moody’s Investors Service and Fitch Ratings lowered their ratings on Amgen debt after the announcement because the biotech Read More →
Hold that thought: Thousand Oaks entrepreneur Turpel pens book
Pete Turpel opens “Holding Power,” his recently released book, with a story about how he did something all of us think about doing — sometimes more than once a day. He threw away his smart phone. In fairness to smart phones, it was a BlackBerry, a less cool and perhaps more intrusive device than the Read More →
