Teledyne stock climbs as Q2 earnings beat analyst estimates
Second-quarter sales for Thousand Oaks-based Teledyne Technologies dipped 5 percent to $743.3 million, and net income beat analyst estimates, sending the stock up 2.5 percent in early trading. Net income fell around 10 percent compared to the previous year’s second quarter to $93.7 million, or $2.48 per share, squarely beating analyst predictions of around $2 Read More →
Amgen puts $421M into BeiGene
Thousand Oaks biotech giant Amgen has upped its investment in Chinese oncology research firm BeiGene by $421 million. Amgen’s new investment, announced July 13, will allow the company maintain its ownership interest in BeiGene at 20.3 percent following a direct offering by the Chinese firm. Amgen shares rose more than 1 percent following the news Read More →
Amgen’s growth over 40 years key to tri-county economy
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Business Forward Ventura County new resource hub
Business Forward Ventura County, a new resource hub for the region, is launching on July 7. The new hub replaces Ventura County Grows Business, which was developed by the Workforce Development Board. Business Forward Ventura County is designed to be a place where business leaders and owners can find resources, resource providers, business associations, news Read More →
Judge upholds Amgen’s Enbrel patents
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Our view: Union Bank puts money into social equity effort
There is no doubt that the killing of George Floyd and subsequent events have prompted the biggest discussion in decades about social equity and justice in America. One of the biggest debates in Corporate America today is how far the current discussion will lead. And one of the biggest problems in getting some perspective on Read More →
United Way of Ventura County raises $400K to tackle homelessness
United Way of Ventura County has raised $400,000 to help end homelessness in the area. The nonprofit collected $100,000 with the help of six local sponsors as part of the Amgen Foundation’s challenge grant, which gave United Way a new funding mechanism to help increase housing stock and use existing housing vouchers to prevent and Read More →
