Salem Media Group fetches $31.7M in sale to WaterStone
Salem Media Group, a conservative, Christian media network, will be under new ownership after the Camarillo-based company announced it has been sold to The Christian Community Foundation, also known as WaterStone, in a deal worth approximately $31.7 million. Announced May 13, Salem, which has traded on the OTCQX Market since early 2024 after being delisted Read More →

MannKind shares pop 26% after $5M milestone, drop after Q1 earnings miss
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Bank of the Sierra announces Q1 earnings
Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the first quarter of 2026 on April 28, noting that consolidated net income was $12.5 million for the quarter, up from $9.3 million in the same quarter a year ago. Bank of the Sierra is headquartered in Porterville but has 10 Read More →
Amgen invests $300M into U.S. manufacturing capabilites
Thousand Oaks-based Amgen continues to invest in its onshore capabilities, after the biotech giant announced plans to invest an additional $300 million in its U.S. manufacturing network to further expand U.S.-based production capacity. Announced May 4, Amegn plans to expand its biologics manufacturing facility in Puerto Rico, which will strengthen existing advanced manufacturing roles, support Read More →

Amgen’s Q1 total revenues up 6% to $8.6 billion
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