Panel gives IPO advice at MIT Enterprise Forum
Regional entrepreneurs packed the latest MIT Enterprise Forum of the Coast on March 16 to hear advice about initial public offerings. Lise Buyer, principal of Portola Valley-based Class V Group, served as the keynote speaker. Also on the panel were AppFolio Chief Financial Officer Ida Kane, Inogen CFO Ali Bauerlein and Rincon Venture Partners Managing Read More →
Amgen wins lawsuit against Regeneron, Sanofi for violating patents
A 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
The 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
Roseville-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 →
Haggen to sell remaining grocery stores
And then there were none. Albertsons plans to purchase 29 of 32 Haggen’s “core stores” in Oregon and Washington for a “base amount” of about $106.2 million, according to a March 11 bankruptcy filing. Haggen plans to sell its three remaining locations over the next 60 days. In less than a year and a half, Read More →
Inogen shares soar after reporting revenues up 40 percent
Inogen 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
Two 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 →
