Venoco’s board agrees to CEO buyout
[Editor’s Note: This story was updated on Jan. 18] Venoco CEO Tim Marquez has agreed to pay $12.50 per share to take his Denver and Carpinteria-based oil and gas company private. In a deal announced shortly before the markets opened on Jan. 17, Venoco said the company had agreed to accept an offer that Marquez, Read More →
Amgen CEO to step down
Kevin Sharer, chairman and CEO of Amgen, is set to retire in May, the Thousand Oaks-based company said on Dec. 15. Current president and chief operating officer Robert Bradway will become the company’s new CEO. Sharer led Amgen, the largest private-sector employer in Ventura County, for 11 years. He oversaw the company’s transition from the Read More →
Amgen wraps up buyback auction
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”08-06-2011″ enddate=”08-12-2011″ width=”300″ height=”245″] Amgen, based in Thousand Oaks, expects to repurchase 9.6 percent of its outstanding shares at a price of $60 per share after asking shareholders to name their price in a buyback auction. The biotech giant and major Ventura County employer said Dec. 8 it had completed Read More →
Lenco Mobile proposes $42M merger deal
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Semtech’s earnings rise
[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Camarillo-based Semtech, a chip design firm, posted 67 percent increase in quarterly earnings on a slight increase in sales for the most recent quarter. Semtech, which is in its 2012 fiscal year, said third quarter net income came to $27 million, compared with $16.1 million a Read More →
