December 3, 2022
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Amgen to buy Turkish firm in $700M deal

By   /  Wednesday, April 25th, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen to buy Turkish firm in $700M deal

Thousand Oaks-based Amgen said it will acquire Mustafa Nevzat Pharmaceuticals, a major supplier of pharmaceuticals and injectable medicines in Turkey, in a deal that values the Turkish firm at $700 million. Amgen said that its focus on Turkey and the surrounding region is part of a broad international expansion strategy for the company. Amgen established Read More →

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Teledyne’s profits rise in Q1

By   /  Wednesday, April 25th, 2012  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne’s profits rise in Q1

Thousand Oaks-based Teledyne Technologies beat Wall Street’s expectations on April 25 when it reported first-quarter profits of $35.7 million on $494 million in sales. The profits work out to 96 cents a share, well above the 91-cent average estimate of six analysts, according to data from Thomson Reuters. Sales were 5.5 percent above the same Read More →

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RKS helps Line 6 rock out: Ventura County firms collaborate on sound system

By   /  Friday, March 2nd, 2012  /  Features, Technology  /  Comments Off on RKS helps Line 6 rock out: Ventura County firms collaborate on sound system

RKS Design is helping nearby Line 6 break into the market for professional sound systems.

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FCAL to buy Riverside bank, close four branches

By   /  Tuesday, February 28th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on FCAL to buy Riverside bank, close four branches

While announcing plans to buy an Inland Empire bank, First California Bank said Feb. 28 that it will close four branches, including one in Thousand Oaks. First California plans to pay $2 million in an all-stock deal to buy Riverside-based Premier Service Bank. The deal is still subject to regulatory and shareholder approval and is Read More →

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Teledyne buys Canadian firm

By   /  Monday, February 27th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Teledyne buys Canadian firm

Teledyne Technologies said Feb. 27 that it has purchased a Canadian firm that makes electronics products for the oil and gas industry. Teledyne, a Thousand Oaks-based conglomerate of defense and industrial brands, has been rebalancing its portfolio away from defense companies and toward commercial and industrial products as the U.S. cuts defense spending as it Read More →

Latest

Ceres delays again, warns of Brazilian drought

By   /  Friday, February 17th, 2012  /  Agribusiness, Green Coast, Latest news, Tri-County Public Companies  /  Comments Off on Ceres delays again, warns of Brazilian drought

Ceres, the Thousand Oaks-based energy crop firm, has delayed its initial public offering again. It also said Friday that its existing investors might buy as many as a fifth of the shares slated to hit the market and that a drought in Brazil could hurt it sweet sorghum yields. The pushed back its planned initial Read More →

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Ceres delays its IPO, slashes price

By   /  Friday, February 10th, 2012  /  Agribusiness, Banking & Finance, Green Coast, Latest news, Tri-County Public Companies  /  Comments Off on Ceres delays its IPO, slashes price

Thousand Oaks-based energy crop maker Ceres has drastically lowered expectations for its initial public offering and delayed it for a week, according to regulatory filings and investment banking sources. The company was set to raise as much as $132 million on the Nasdaq when shares hit the markets under the name CERE on Feb. 9. Read More →