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Amgen hires former 3M exec as CFO

By   /  Monday, June 9th, 2014  /  Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen hires former 3M exec as CFO

Amgen has hired David Meline, formerly with industrial conglomerate 3M Co., as its new chief financial officer. At 3M, Meline was responsible for the finances of a Minnesota-based company with more than $30 billion in worldwide revenues. Amgen, the world’s largest biotechnology firm, had profits of $5 billion in 2013, a 17 percent increase from Read More →

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In shape for an IPO: Mindbody launches wellness program

By   /  Friday, June 6th, 2014  /  Central Coast, Features, Latest news, Technology, Tri-County Economy  /  Comments Off on In shape for an IPO: Mindbody launches wellness program

After years of development, San Luis Obispo-based Mindbody is rolling out a major corporate wellness platform as it marches toward an initial public offering.

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Get a move on: StartupWeekend winner taps sharing economy for moving

By   /  Friday, June 6th, 2014  /  Small Business, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Get a move on: StartupWeekend winner taps sharing economy for moving

Moving is never fun, but a Santa Barbara startup is hoping to make it a little less stressful by connecting people who need to move with nearby truck owners looking to earn extra money. NextMover bills its service, which launched earlier this year, as “your friend with a truck.”

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California M&A surge could reach Tri-Counties’ corporate world

By   /  Friday, June 6th, 2014  /  Columns, Opinion, Tri-County Economy  /  Comments Off on California M&A surge could reach Tri-Counties’ corporate world

Henry Dubroff

There are signs that the takeover wave that’s engulfed many sectors, notably pharmaceuticals and high-tech, may soon wash up on the beaches of the Tri-Counties.

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Tri-county energy firms: our Monterey shale will pay off

By   /  Friday, June 6th, 2014  /  Central Coast, Latest news, Top Stories, Tri-County Economy  /  Comments Off on Tri-county energy firms: our Monterey shale will pay off

Federal officials have slashed their estimate for how much oil is held in California’s Monterey shale by 96 percent, but energy companies working in the Tri-Counties say they have no plans to abandon their efforts in the long-producing formation or its rising competitor, the diatomite.

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Amgen to cut 70 jobs

By   /  Thursday, June 5th, 2014  /  East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  2 Comments

Thousand Oaks-based Amgen plans to lay off 70 people, primarily in its information systems department at its headquarters.

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Calavo shares rally on record Q2 profits

By   /  Monday, June 2nd, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares rally on record Q2 profits

Shares of produce marketer Calavo Growers surged more than 7 percent in midday trading on Monday as the firm’s second-quarter profits surged 205 percent to $6.7 million, setting a quarterly earnings record.