Biotech giant Amgen to pay dividend on Dec. 8
Biotech giant Amgen announced Oct. 24 that it would pay a $1.15 dividend for its fourth quarter of fiscal 2017. Stockholders of record for the Thousand Oaks-based company at the end of day on Nov. 17 will receive the dividend on Dec. 8.
Lockheed Martin sales up but net income drops
Lockheed Martin, an aerospace and defense contractor with operations in San Luis Obispo, Santa Maria and Goleta, reported a 5 percent increase in net sales but a steep drop in net income for the quarter ended Sept. 24. Sales rose to nearly $12.2 billion, primarily from the aeronautics and space systems segments, but net earnings Read More →
Westlake Village biotech company MannKind restructures debt
MannKind announced Oct. 23 that it had restructured debt due in 2018, exchanging $27.7 million in convertible notes for $23.7 million due in October of 2021 and nearly 1 million shares of its common stock. The new convertible senior subordinated exchange notes have a rate of 5.75 percent, the Westlake Village-based biotech company said in Read More →

Cal Poly SLO, Amazon team up on digital transformation
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Ventura County has need for faster broadband speed
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Cal Poly SLO startups will have access to capital
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Semtech partners with Chinese bike-sharing company
Camarillo Internet of Things company Semtech struck up a partnership with Chinese bike-sharing company ofo, using its long-range, low power wireless technology to keep tabs on ofo bikes. Called LoRa, the network technology enables ofo to track bikes in remote or densely constructed areas. The company provides bike-sharing in more than 180 cities worldwide, using Read More →








