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Amgen second-quarter profit beats analysts’ estimates

By   /  Thursday, July 30th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen second-quarter profit beats analysts’ estimates

Thousand Oaks-based Amgen Inc. posted second-quarter profit that topped analysts’ estimates, driven by higher sales and lower operating expenses. The biotech also raised its revenue and earnings forecast for the year. Profit excluding one-time items rose to $2.57 a share, while analysts had predicted $2.43 on average. Revenue increased 3.7 percent to $5.37 billion, the Read More →

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Venoco asks Goleta for permission to move two truckloads of oil per day

By   /  Tuesday, July 28th, 2015  /  Energy, Latest news, Top Stories  /  Comments Off on Venoco asks Goleta for permission to move two truckloads of oil per day

Venoco has asked the city of Goleta for emergency authority to move two truckloads per day of oil from its Ellwood facility to Santa Maria for the next 17 days. Venoco said it was making the request so that lines and other facilities could be cleared in order to complete mandatory inspections. Venoco said it Read More →

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Bauerlein to keynote 2015 Spirit of Small Business awards

By   /  Monday, July 27th, 2015  /  Latest news, Top Stories  /  Comments Off on Bauerlein to keynote 2015 Spirit of Small Business awards

  The Pacific Coast Business Times is pleased to announce our 2015 class of Spirit of Small Business award winners. The annual special section, now in its 13th year, celebrates small-business ownership and entrepreneurship in the Tri-Counties. The report published with the July 24 print edition of the Business Times. The honorees will be celebrated Read More →

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UCSB named West Coast hub for Photonics Institute

By   /  Monday, July 27th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on UCSB named West Coast hub for Photonics Institute

UC Santa Barbara’s Institute for Energy Efficiency will play a lead role in a $110 million federal program to develop new electronic products using the next generation of chip technology. UCSB will become the west coast hub for the newly formed American Institute for Manufacturing of Photonics (AIM), teaming with lead institution State University of Read More →

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FDA approves Amgen’s Kyprolis

By   /  Friday, July 24th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on FDA approves Amgen’s Kyprolis

The Food and Drug Administration approved Amgen’s Kyprolis for second-line treatments of multiple-myeloma on Friday. Thousand Oaks-based Amgen’s new treatment for multiple-myeloma could pay off big for the company now that the treatment can be accessed by more patients in the second line of treatments. Kyprolis was approved for third-line treatments in 2012. The FDA’s Read More →

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Smart innovation key to business success

By   /  Friday, July 24th, 2015  /  Op/Eds  /  Comments Off on Smart innovation key to business success

Smart business leaders know that there is an important distinction between risk taking and intelligent risk taking. It is the former that may make the headlines, but it is the latter that often leads to the greatest rewards. There is an increasing awareness within the business community of the world of difference between innovation and Read More →

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Proposed peaker plant in Oxnard bad idea because of flood vulnerability

By   /  Friday, July 24th, 2015  /  Energy, Op/Eds, West Ventura County  /  Comments Off on Proposed peaker plant in Oxnard bad idea because of flood vulnerability

Reliability is the key point emphasized in the Pacific Coast Business Times editorial July 17 (Oxnard peaker plant should be approved). During the CPUC evidentiary hearings held in May regarding the NRG proposal, the city of Oxnard provided proof based on state of the art scientific evidence that storm surge patterns and sea level rise Read More →