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Amgen’s third quarter earnings beat Wall Street expectations

By   /  Wednesday, October 28th, 2015  /  Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen’s third quarter earnings beat Wall Street expectations

Thousand Oaks biotech giant Amgen blew Wall Street away when it released third quarter earnings on Oct. 28. Amgen beat analyst revenue estimates by posting revenues of $5.72 billion, compared to the $5.23 billion analysts expected. That’s up from about $5 billion during last year’s third quarter. Net income increased to $1.86 billion during the Read More →

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Sientra CEO ducks questions about company’s future

By   /  Wednesday, October 28th, 2015  /  Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra CEO ducks questions about company’s future

Sientra CEO Hani Zeini said in a conference call on Oct. 28 that he will not speculate about the company’s future. Zeini dodged questions better than a Brooklyn Dodger dodges street cars during the call with investors, analysts and reporters to update all parties about implants contaminated by Sientra’s manufacturer. Sientra shares nosedived on Sept. Read More →

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FDA OKs Amgen skin cancer drug Imlygic

By   /  Tuesday, October 27th, 2015  /  Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on FDA OKs Amgen skin cancer drug Imlygic

The U.S. Food and Drug Administration on Oct. 27 approved Amgen’s cancer immunotherapy drug Imlygic for use in patients with the most deadly types of skin cancer. Imlygic, which is the first immunotherapy like this to gain approval for use in the U.S., is a genetically modified herpes virus that is designed to replicate itself Read More →

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Port of Hueneme gets $12.3 million grant

By   /  Monday, October 26th, 2015  /  Latest news, Top Stories, West Ventura County  /  Comments Off on Port of Hueneme gets $12.3 million grant

The Port of Hueneme has been awarded a $12.3 million grant from the U.S. Department of Transportation for improvements. “This is a big win for the Port of Hueneme. As one of the crown jewels of Ventura County, the economic impact of the port on our local economy cannot be overstated,” said Congresswoman Julia Brownley, Read More →

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Latest

Fire breaks out at Sientra manufacturer

By   /  Friday, October 23rd, 2015  /  Health Care, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Fire breaks out at Sientra manufacturer

Goleta breast implant developer Sientra said there had been a fire at the factory of its manufacturer in Brazil, the company announced on Oct. 23. Sientra did not say how big the fire was or if it would impact manufacturing at Silimed, the largest producer of silicone implants in South America. The company didn’t specify Read More →

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Latest

Sientra waits for production to resume amid stock crash

By   /  Friday, October 23rd, 2015  /  Health Care, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra waits for production to resume amid stock crash

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Mergers reshape tri-county banking

By   /  Friday, October 23rd, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Mergers reshape tri-county banking

Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →

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