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Inphi taps new CEO after profits fall 93%

By   /  Wednesday, February 1st, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi taps new CEO after profits fall 93%

Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →

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Ceres to debut at $21 to $23 per share

By   /  Thursday, January 26th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Ceres to debut at $21 to $23 per share

Thousand Oaks-based energy crop developer Ceres has plans to make its debut on the Nasdaq on Feb. 8 under the symbol CERE and raise $132 million. Shares in the company, which uses genetic marking technology to speed the development of non-food energy crops such as drought-resistant switchgrass, are expected hit the markets at between $21 Read More →

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Amgen Q4 earnings drop 8.5%

By   /  Thursday, January 26th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Amgen Q4 earnings drop 8.5%

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Biotech giant Amgen, which said earlier on Thursday that it would pay $1.2 billion for leukemia drugmaker Micromet, reported fourth-quarter earnings that missed analyst expectations. The Thousand Oaks-based company said fourth-quarter profits fell 8.5 percent to $934 million, or $1.08 per share, on lower sales of Read More →

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Amgen to pay $1.2B for cancer drug firm

By   /  Thursday, January 26th, 2012  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen to pay $1.2B for cancer drug firm

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Thousand Oaks-based Amgen is buying a leukemia drug maker for $1.2 billion in a bid to boost its blockbuster drug lineup. Amgen, the world’s largest biotech company, said Jan. 26 that it will purchase Maryland-based Micromet, maker of an experimental leukemia drug. Investors of Microment will Read More →

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Los Robles expansion nears milestone

By   /  Friday, January 20th, 2012  /  Top Stories, Tri-County Economy  /  Comments Off on Los Robles expansion nears milestone

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Stalled in Simi Valley: Redevelopment projects slide to a halt

By   /  Friday, January 20th, 2012  /  Banking & Finance, Features, Tri-County Economy  /  Comments Off on Stalled in Simi Valley: Redevelopment projects slide to a halt

Come Feb. 1, several business improvement programs in Simi Valley will come to halt.

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RDA shutdown looms for TO, Santa Barbara

By   /  Friday, January 13th, 2012  /  Top Stories, Tri-County Economy  /  Comments Off on RDA shutdown looms for TO, Santa Barbara

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