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Pleasanton, Business Timeline Sunday, November 23     Author
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Safeway profit edges up in Q3  Higher sales at its gas stations and upscale stores helped boost grocer's profit nearly 3% in its third fiscal quarter No. 1 in median household income  Pleasanton ranks No. 1 among small cities in the country, an estimated $113,000. The poverty rate for the Bay Area is just over 9% 63 Restaurant Workers Nabbed In Raid  San Ramon: U.S. ICE agents arrested 63 employees of Taqueria El Balazo, a Bay Area Mexican restaurant chain, for being in the country illegally Safeway Beats 1Q Expectations  The profit rose 11% to $193.4 million on sales from its Lifestyle format stores and the stronger Canadian dollar Safeway stock hammered  Stock price tumbled to a 52-week low amid worries that a recent sales slowdown will worsen on trend toward generics Safeway profit dips 2% on tax gain  The emphasis on creating more elegant grocery stores paid off again in the 4th quarter with earnings that matched analyst expectations Safeway Goes Green With Biodiesel Trucks  The grocery giant is one of the first in the country to convert their entire truck fleet to alternative fuel produced from renewable sources Safeway, workers agree to contract  The union representing 25,000 grocery workers says a scheduled strike vote has been called off because a new agreement has been reached E-Loan to cut 410 jobs Safeway Announces Bread Recall Safeway profit jumps in 3rd quarter Ross buying Albertson's store sites Shaklee Corp. is 50 years old Retail plaza sells for $12.8 million Safeway 3Q profit falls on charges Seniors housing project kick-off Safeway 1Q Profit More Than Triples Former PeopleSoft workers get a boost Ross posts 30% drop in profit Safeway back in black after brutal quarter   Oracle to fire 5,000
World News World Business (427) USA (204) Bay Area Bay Area Business (1024) Tri Valley (680) (676) Dublin Pleasanton Livermore (133) Pleasanton (84)     Accidents (33)     Politics (16)     Crime (32)     Sports (5)     Science & Education (6) Business
Job Cut (8) Earnings (7) Good Economic News (1) Labor Conflict (2) Stocks (1) Retail (5) Food (1) Commercial Real Estate (1) Real Estate (1) Merger (11) Business Leaders (3) Media (1) Business Obituary (1)
2007 2006 2005 2004 2003 2002 2001
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WAMU to eliminate 1,600 jobs in Bay Area


November 2008 ... more > Top ^

Thu.
  SF Downtown: Washington Mutual, sold to JPMorgan Chase, will shutter its Pleasanton campus and cut hundreds of SF positions
 WAMU will lay off 400 employees at its operations center at 201 Mission St. in San Francisco



October 2008 ... more > Top ^

Oct.7


August 2008 ... more > Top ^

Aug.27


May 2008 ... more > Top ^

May.2


April 2008 ... more > Top ^

Apr.24


February 2008 ... more > Top ^

Feb.22
Feb.21


January 2008 ... more > Top ^

Jan.18


year 2007 Top ^

Dec.2
Nov.13
Mar.9


year 2006 Top ^

Oct.12
Oct.11
Aug.13


year 2005 Top ^

Oct.18
Sep.27
May.3
Apr.2
Mar.17
Feb.25
Jan.14
  The job cuts outlined represent a 9% reduction from the 55,000 employees on the 2 companies' combined payrolls
Jan.7 Oracle completes PeopleSoft acquisition  Oracle closed the deal after announcing that that 97% of PeopleSoft's stockholders had accepted a $26.50 offer

year 2004 Top ^

Dec.28     PeopleSoft CEO resigns before takeover  PeopleSoft founder David A. Duffield has quit the software maker weeks before Oracle deal closes Dec.13   Oracle Buys PeopleSoft for $10.3 Billion
  PeopleSoft agreed to a sweetened buyout by rival software maker, relenting after a 18-month takeover saga
 PeopleSoft's board has approved an improved bid, worth $26.50 a share, after 5 previous offers, ranging in value from $7.7bn to $9.4bn. Oracle was winning the support of 60% PeopleSoft shareholders. Larry Ellison was initially making a $5.1bn offer in June 2003. The merged companies are second only in size to SAP in the enterprise software market
Nov.20     PS board again rejected Oracle’s bid  The board remains convinced that a bid is inadequate and it will not sell the company for less than it’s worth Nov.19 PeopleSoft shareholders back Oracle bid  The shareholders are tendering more than 60% of the company's stock in support of the $9.2 billion bid Nov.10 PS board rejects Oracle's $9.2 billion bid Nov.1 Oracle boosts bid for PeopleSoft  Oracle Corp. sweetened its hostile bid for rival business software maker by 14% to $24 per share Oct.1 PeopleSoft fires CEO Craig Conway
  David Duffield appointed as CEO; Kevin Parker and Phil Wilmington as co-presidents. Sales of new licenses exceeded $150 million
Sep.9 Bid to block PeopleSoft takeover rejected  Oracle: A federal judge Vaughn Walker rejected the government's attempt to block $7.7 billion takeover bid May.20 Safeway CEO fends off shareholder critics May.14 Oracle shaves 18% off PeopleSoft bid

year 2003 Top ^

Sep.4 PeopleSoft foresees up to 1,000 job cuts
Jul.18 PeopleSoft completed J.D. Ed. Acquisition Jun.10     $7 million lottery ticket  A software consultant stashed ticket in her purse two months ago Jun.6 Oracle offers $5.1 billion for PeopleSoft
  Software maker is in a hostile takeover attempt aimed at eliminating one of its competitors for $16 per share
Jun.2 PeopleSoft to buy J.D. Edwards for $1.7b

year 2002 Top ^

Feb.28 John Madden Moves to ABC  Former Oakland Raiders coach moves to Monday Night Football with four-year, $20 million dollar deal Jan.3 Providian to cut 800 jobs
  San Francisco: Credit card issuer will cut a 6% of its work force, to make the troubled company more efficient

year 2001 Top ^

Dec.6 Commerce One co-founder dies
Oct.15 Commerce One to cut 1,300 jobs  700 will be laid off and 600 will be jettisoned by spinning off operations unrelated to business-to-business May.17 Commerce One Cuts 10% Jobs Apr.25 PeopleSoft exceeds expectations

Pleasanton, BusinessMajor Events in 21st Century

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Safeway Announces Bread Recall Oracle completes PeopleSoft acquisition  Oracle closed the deal after announcing that that 97% of PeopleSoft's stockholders had accepted a $26.50 offer   Oracle Buys PeopleSoft for $10.3 Billion




Pleasanton, Business Food Timeline ... See Bay Area Food timeline, World Food timeline Top ^
2007
Mar.9




Pleasanton, Business Merger Timeline ... See Bay Area Merger timeline, World Merger timeline Top ^
2005
Jan.7
2004
Dec.13
  PeopleSoft agreed to a sweetened buyout by rival software maker, relenting after a 18-month takeover saga
 PeopleSoft's board has approved an improved bid, worth $26.50 a share, after 5 previous offers, ranging in value from $7.7bn to $9.4bn. Oracle was winning the support of 60% PeopleSoft shareholders. Larry Ellison was initially making a $5.1bn offer in June 2003. The merged companies are second only in size to SAP in the enterprise software market
Nov.20   PS board again rejected Oracle’s bid  The board remains convinced that a bid is inadequate and it will not sell the company for less than it’s worth Nov.19 PeopleSoft shareholders back Oracle bid  The shareholders are tendering more than 60% of the company's stock in support of the $9.2 billion bid Nov.10 PS board rejects Oracle's $9.2 billion bid
Nov.1 Oracle boosts bid for PeopleSoft  Oracle Corp. sweetened its hostile bid for rival business software maker by 14% to $24 per share Sep.9 Bid to block PeopleSoft takeover rejected
  Oracle: A federal judge Vaughn Walker rejected the government's attempt to block $7.7 billion takeover bid May.14 Oracle shaves 18% off PeopleSoft bid 2003 Jul.18 PeopleSoft completed J.D. Ed. Acquisition Jun.6 Oracle offers $5.1 billion for PeopleSoft
  Software maker is in a hostile takeover attempt aimed at eliminating one of its competitors for $16 per share
Jun.2 PeopleSoft to buy J.D. Edwards for $1.7b



Pleasanton, Business Earnings Timeline ... See Bay Area Earnings timeline, World Earnings timeline Top ^
2008 Oct.7 Safeway profit edges up in Q3
  Higher sales at its gas stations and upscale stores helped boost grocer's profit nearly 3% in its third fiscal quarter Apr.24 Safeway Beats 1Q Expectations  The profit rose 11% to $193.4 million on sales from its Lifestyle format stores and the stronger Canadian dollar Feb.21 Safeway profit dips 2% on tax gain  The emphasis on creating more elegant grocery stores paid off again in the 4th quarter with earnings that matched analyst expectations 2005 Oct.18 Safeway 3Q profit falls on charges May.3 Safeway 1Q Profit More Than Triples Feb.25 Safeway back in black after brutal quarter 2001 Apr.25 PeopleSoft exceeds expectations



Pleasanton, Business Labor Conflict Timeline ... See Bay Area Labor Conflict timeline, World Labor Conflict timeline Top ^
2008 May.2 63 Restaurant Workers Nabbed In Raid  San Ramon: U.S. ICE agents arrested 63 employees of Taqueria El Balazo, a Bay Area Mexican restaurant chain, for being in the country illegally 2007 Dec.2 Safeway, workers agree to contract  The union representing 25,000 grocery workers says a scheduled strike vote has been called off because a new agreement has been reached



Pleasanton, Business Media Timeline ... See Bay Area Media timeline, World Media timeline Top ^
2002 Feb.28 John Madden Moves to ABC  Former Oakland Raiders coach moves to Monday Night Football with four-year, $20 million dollar deal



Pleasanton, Business Job Cut Timeline ... See Bay Area Job Cut timeline, World Job Cut timeline Top ^
2008 Thu. WAMU to eliminate 1,600 jobs in Bay Area
  SF Downtown: Washington Mutual, sold to JPMorgan Chase, will shutter its Pleasanton campus and cut hundreds of SF positions
 WAMU will lay off 400 employees at its operations center at 201 Mission St. in San Francisco
2007 Nov.13 E-Loan to cut 410 jobs 2005 Apr.2 Former PeopleSoft workers get a boost Jan.14   Oracle to fire 5,000
  The job cuts outlined represent a 9% reduction from the 55,000 employees on the 2 companies' combined payrolls
2003 Sep.4 PeopleSoft foresees up to 1,000 job cuts 2002 Jan.3 Providian to cut 800 jobs  San Francisco: Credit card issuer will cut a 6% of its work force, to make the troubled company more efficient 2001 Oct.15 Commerce One to cut 1,300 jobs  700 will be laid off and 600 will be jettisoned by spinning off operations unrelated to business-to-business May.17 Commerce One Cuts 10% Jobs



Pleasanton, Business Retail Timeline ... See Bay Area Retail timeline, World Retail timeline Top ^
2008 Jan.18 Safeway Goes Green With Biodiesel Trucks  The grocery giant is one of the first in the country to convert their entire truck fleet to alternative fuel produced from renewable sources 2006 Oct.12 Safeway profit jumps in 3rd quarter
Oct.11 Ross buying Albertson's store sites 2005 Mar.17 Ross posts 30% drop in profit 2003 Jun.10   $7 million lottery ticket  A software consultant stashed ticket in her purse two months ago



Pleasanton, Business Business Leaders Timeline ... See Bay Area Business Leaders timeline, World Business Leaders timeline Top ^
2004 Dec.28   PeopleSoft CEO resigns before takeover  PeopleSoft founder David A. Duffield has quit the software maker weeks before Oracle deal closes Oct.1 PeopleSoft fires CEO Craig Conway
  David Duffield appointed as CEO; Kevin Parker and Phil Wilmington as co-presidents. Sales of new licenses exceeded $150 million
May.20 Safeway CEO fends off shareholder critics



Pleasanton, Business Stocks Timeline ... See Bay Area Stocks timeline, World Stocks timeline Top ^
2008 Feb.22 Safeway stock hammered  Stock price tumbled to a 52-week low amid worries that a recent sales slowdown will worsen on trend toward generics



Pleasanton, Business Real Estate Timeline ... See Bay Area Real Estate timeline, World Real Estate timeline Top ^
2005 Sep.27 Seniors housing project kick-off




Pleasanton, Business Good Economic News Timeline ... See Bay Area Good Economic News timeline, World Good Economic News timeline Top ^
2008 Aug.27 No. 1 in median household income  Pleasanton ranks No. 1 among small cities in the country, an estimated $113,000. The poverty rate for the Bay Area is just over 9%



Pleasanton, Business Commercial Real Estate Timeline ... See Bay Area Commercial Real Estate timeline, World Commercial Real Estate timeline Top ^
2005 Oct.18 Retail plaza sells for $12.8 million




Pleasanton, Business Business Obituary Timeline ... See Bay Area Business Obituary timeline, World Business Obituary timeline Top ^
2001 Dec.6 Commerce One co-founder dies