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Amgen CEO to step down

By   /  Thursday, December 15th, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen CEO to step down

Kevin Sharer, chairman and CEO of Amgen, is set to retire in May, the Thousand Oaks-based company said on Dec. 15. Current president and chief operating officer Robert Bradway will become the company’s new CEO. Sharer led Amgen, the largest private-sector employer in Ventura County, for 11 years. He oversaw the company’s transition from the Read More →

Latest

Amgen wraps up buyback auction

By   /  Thursday, December 8th, 2011  /  Latest news, Tri-County Public Companies  /  Comments Off on Amgen wraps up buyback auction

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”08-06-2011″ enddate=”08-12-2011″ width=”300″ height=”245″] Amgen, based in Thousand Oaks, expects to repurchase 9.6 percent of its outstanding shares at a price of $60 per share after asking shareholders to name their price in a buyback auction. The biotech giant and major Ventura County employer said Dec. 8 it had completed Read More →

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Successful formula: Thousand Oaks woman rethinks the baby bottle

By   /  Friday, December 2nd, 2011  /  Features, Small Business, Women Inc.  /  Comments Off on Successful formula: Thousand Oaks woman rethinks the baby bottle

Seven years after Christine Barlow’s son was born with a birth defect, the baby bottle business she launched to help other infants avoid the same problem is up and running.

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Defense firm to cut 170 jobs in Thousand Oaks

By   /  Friday, December 2nd, 2011  /  Latest news, Technology  /  Comments Off on Defense firm to cut 170 jobs in Thousand Oaks

A defense contractor is cutting about 170 jobs in Thousand Oaks as it shutters a facility that made signal jammers to prevent IED attacks during the Iraq war. McLean, Va.-based ITT Exelis’ electronic systems division operated a factory with about 215 employees on Willow Lane in Thousand Oaks. About 45 of those workers will be Read More →

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Amgen kicks off debt offering

By   /  Wednesday, November 30th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Amgen kicks off debt offering

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Amgen has priced more than $1 billion in debt offerings as it loads up on cash for its massive stock buyback and dividend program. The company said it had priced $550 million of senior notes due 2018 and an additional $475 million in senior notes due Read More →

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BofA lays off 140 in Conejo Valley

By   /  Friday, November 18th, 2011  /  Banking & Finance, Banking Industry, Tri-County Economy  /  Comments Off on BofA lays off 140 in Conejo Valley

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City sets new rules, plans to revamp Thousand Oaks business district

By   /  Friday, November 18th, 2011  /  Features, Real Estate, Tri-County Economy  /  1 Comment

Thousand Oaks is revamping its business district by loosening regulations and making the area more pedestrian-friendly.