PennyMac Mortgage Investment Trust announces cash dividend
Westlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.
MannKind moving to former Kythera space in Westlake Village
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Oxnard’s CalAmp partners with Autobrain
Internet of Things provider CalAmp, with operations in Oxnard, announced a partnership with Boca Raton, Fla-based Autobrain. Autobrain’s platform will use CalAmp’s networks to bring smart car capabilities to regular vehicles, according to the June 22 news release. Devices like OBD sensors and telematics systems will enable consumers to track their car’s location and condition Read More →
PennyMac to buy back $50 million of Class A common stock
PennyMac Financial Services announced on June 21 that it will repurchase up to $50 million of its Class A common stock. The number and timing of the purchases will depend on price, trading volume and market conditions, among other factors, the Moorpark-based company said in a statement. “We believe that the repurchase of common stock Read More →
SerImmune gets $8 million in financing from Illumina Ventures
Santa Barbara immunotherapy and diagnostic company SerImmune received $8 million in financing from San Francisco-based Illumina Ventures to expand its immune mapping platform and database. Illumina invests primarily in early-stage companies researching genomics, life science and health care. A subsidiary of pharmaceutical giant Merck also participated in the financing round, alongside other undisclosed investors. Mapping Read More →
Firestone Walker trying to expand brewing capacity in Paso Robles
The Paso Robles City Council is considering a proposal by Firestone Walker to expand its brewing capacity by taking over the former Nu-Way Cleaners location at 1385 Vendels Circle. The brewery would tear down an existing 19,000-square-foot building and replace it with a 6,300-square-foot structure and 12 fermentation storage tanks, connected to its current headquarters Read More →
Amgen asks FDA to consider new uses for Xgeva
Thousand Oaks-based biotech giant Amgen announced June 19 that the U.S. Food and Drug Administration has accepted a supplemental application for Xgeva (denosumab) that seeks to expand the currently approved indication for the prevention of fractures and other skeletal-related events in patients with bone metastases from solid tumors to include patients with multiple myeloma. “Multiple Read More →
