Grandson of Thoma Electric founder joining SLO company
Latest newsApple Senior Engineer Jeff Thoma will leave Silicon Valley to return to Silicon Beach. Thoma will rejoin San Luis Obispo-based Thoma Electric as a principal engineer in April at a company his grandfather founded more than 50 years ago. Thoma Electric is an electrical engineering firm that provides construction, design engineering and consulting services throughout Read More →
Amgen wins lawsuit against Regeneron, Sanofi for violating patents
East Ventura County, Latest news, Law & GovermentA federal jury decided in favor of Amgen on March 16 in a lawsuit filed against Regeneron Pharmaceuticals and Sanofi for violating patents on a cholesterol reducing drug. In October 2014, Thousand Oaks-based Amgen sued Paris-based Sanofi and Tarrytown, N.Y.-based Regeneron for violating patents on its cholesterol reducing drug Repatha. Sanofi and Regeneron co-developed Praluent Read More →
California Lutheran University launching new MBA program
Higher Education, Latest newsThe California Lutheran University School of Management will launch a new MBA program tailored to experienced professionals this fall. The MBA for Experienced Professionals program is designed for people with at least five years of progressive managerial or professional experience. The 18-month program will be delivered in a hybrid format with seven courses offered online Read More →
Farm Credit West net income grows
Banking & Finance, Banking Industry, Latest newsRoseville-based Farm Credit West increased its net income from $163 million in 2014 to $169 million in 2015, the credit union announced on March 14. Farm Credit West has offices in Carpinteria, Santa Maria, Templeton and Ventura, where it provides loans, leases and financial services to farmers, ranchers, rural homeowners, agribusinesses and agricultural and rural Read More →
Inogen shares soar after reporting revenues up 40 percent
Earnings, Latest news, Technology, Tri-County Public CompaniesInogen shares ended the day up 17 percent March 15 after the Goleta-based maker of direct-to-consumer respiratory products reported strong quarterly and annual earnings March 14. The company’s revenues increased about 40 percent during the fourth quarter and 2015 fiscal year because of strong business-to-business sales. In after-hours trading March 14, the stock shot up Read More →
Sage Network and Sage Communications to merge
Latest news, Small BusinessTwo Camarillo companies will merge to form Sage Network and Communications. Sage Network, founded in 2005 by tech veteran Randy Hill, provides and maintains IT infrastructure for small-to-medium sized companies. Tech veteran Rick Minyard founded Sage Communications in 2013 to offer clients telecommunications and Internet services. The new company will have about 600 clients in Read More →
Limoneira revenues fell, loss grew in first quarter
Agribusiness, Earnings, Latest news, Tri-County Public CompaniesSanta Paula-based Limoneira reported a loss of about $4 million and revenues fell $3 million in first quarter earnings results the company released March 10. Revenues fell from $28 million during the first quarter of 2015 to $25 million in 2016. Net losses widened from $1.4 million in 2015 to $3.9 million in 2016. Losses Read More →
