Amgen exceeds Wall Street expectations for first quarter earnings
Amgen blew away Wall Street expectations and raised its 2016 guidance when it released first quarter earnings April 28. The Thousand Oaks biotech giant had profits of $2.2 billion, up from $1.91 billion during the same quarter last year. Revenues of $5.53 billion were also up from $5 billion in 2015 and surpassed analyst estimates Read More →
Impact of Sport Chalet stores closing in Thousand Oaks, Oxnard
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Dubroff: J.D. Power sale shows value of Conejo Valley to China
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J.D. Power sold for $1.1 billion to XIO investment firm
McGraw Hill Financial sold its global market research business J.D. Power to XIO Group for $1.1 billion. The London-based investment firm XIO is known for purchasing North American and European businesses and helping them grow in Asia. J.D. Power employs about 200 workers in Westlake Village and there are no initial signs that the deal Read More →
Sport Chalet closing down, including 2 tri-county stores
The parent company of sporting goods retailer Sport Chalet recently announced it would be closing all of the chain’s 47 stores, including two in the Tri-Counties. Purchased in 2014 by Connecticut-based Vestis Retail Group, Sport Chalet stores will be closed as part of its Chapter 11 bankruptcy protection filing. Sport Chalet, which was founded in Read More →
5 tri-county companies get $545,000 in tax credits for creating jobs
Five tri-county companies are among 103 statewide approved for tax credits for creating new jobs by the California Competes Tax Credit committee April 14. The tri-county companies will get a combined $545,560 and the total $70 million awarded will help companies across California create a projected 9,369 jobs and generate over $1.3 billion in investment. Read More →
Knowing public policy good business
By Loredana Carson As we go about our daily life, laws are being made, bills are being sponsored, government officials are grappling with problems and politicians are building their careers on issues that are of great importance to the business community. Everyone should pay attention to these public policy matters, but business leaders need more Read More →
