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FDA finds Amgen biosimilar replicates effects of Humira

By   /  Friday, July 8th, 2016  /  Central Coast Health Watch, Latest news, Tri-County Public Companies  /  Comments Off on FDA finds Amgen biosimilar replicates effects of Humira

The Food and Drug Administration said a new Amgen biosimilar replicates the effects of a competitor’s blockbuster drug July 8. ABP 501 replicates the effects of Humira, which is approved to treat nine conditions including rheumatoid arthritis, skin disorders and colon inflammation. The drug, made by Chicago-based competitor AbbVie, typically costs $20,000 per year for Read More →

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Stellar Biotechnologies offerings raise $6.75 million

By   /  Thursday, July 7th, 2016  /  Central Coast Health Watch, Latest news, Tri-County Public Companies  /  Comments Off on Stellar Biotechnologies offerings raise $6.75 million

Stellar Biotechnologies, a Port Hueneme-based company which makes medicines from the blood of animals found only off the coast of California, closed two private offerings July 6. Stellar closed one offering of 1.7 million common shares sold to institutional investors for $4 per share. In a separate concurrent offering, the company also sold 1.3 million Read More →

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LTC Properties announces monthly dividend of 18 cents per share

By   /  Friday, July 1st, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on LTC Properties announces monthly dividend of 18 cents per share

Westlake Village-based LTC Properties has declared a monthly cash dividend on its common stock for the third quarter of 2016. The dividend will be 18 cents per common share per month for July, August and September 2016, payable on July 29, Aug. 31 and Sept. 30, 2016, respectively, to stockholders of record on July 21, Read More →

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CalAmp revenues up 39 percent compared to last year

By   /  Tuesday, June 28th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on CalAmp revenues up 39 percent compared to last year

CalAmp revenues soared during the first quarter of fiscal year 2017 but the company lost $2.7 million as the Oxnard-based wireless parts maker completed its acquisition of LoJack, CalAmp reported June 28. Revenues shot up 39 percent during the quarter from $65.4 million in 2016 to $91.1 million during the same period in fiscal 2017. Read More →

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Tri-county stocks fall after Britain votes to exit EU

By   /  Friday, June 24th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Tri-county stocks fall after Britain votes to exit EU

Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →

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Limoneira announces cash dividend of 5 cents per share

By   /  Friday, June 24th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Limoneira announces cash dividend of 5 cents per share

Limoneira has announced a quarterly cash dividend of 5 cents per common share payable on July 15 to stockholders of record on July 5. Limoneira is a 124-year-old agribusiness headquartered in Santa Paula. The company owns approximately 10,700 acres of agricultural land, real estate properties and water rights in California and Arizona. Limoneira is a Read More →

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Citizens Business Bank to pay 107th consecutive quarterly cash dividend

By   /  Friday, June 24th, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Citizens Business Bank to pay 107th consecutive quarterly cash dividend

CVB Financial Corp., the holding company for Citizens Business Bank, announced a 12 cents per share cash dividend for the second quarter of 2016. The dividend will be payable on or about July 21 to shareholders of record as of July 7. “Our board of directors is pleased to pay our 107th consecutive cash dividend to our shareholders,” said President and CEO Christopher Read More →

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