Venoco chief gets more time to find $400M
Banking & Finance, Latest news, Tri-County Public Companies[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”25-01-2012″ enddate=”25-07-2012″ width=”300″ height=”245″] Venoco founder Tim Marquez has been given a second extension until Aug. 31 to tell shareholders how he plans to come up with as much as $400 million to take his company private. The Denver-based oil company has large operations on the South Coast and was Read More →
Twin Cities Community Hospital names new CEO
Latest newsTwin Cities Community Hospital in Templeton has appointed Mark Lisa as its new CEO. As the new leader of the 122-bed acute care hospital, Lisa, whose first official day on the job is July 23, will oversee clinical, operation and clinical activities. “Mark is a seasoned healthcare executive with a proven track record of strong Read More →
Dole profits slip, spin off looms
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesFruit and produce distributor Dole Foods Co. earned $66 million, or 74 cents per share, in its second quarter and said that a proposed spin off of its packaged foods business could happen by year’s end. The earnings announced on July 19 were down from $83 million, or 94 cents per share, in the second Read More →
Camarillo center sells for $59M
Latest news, Real EstateThe ninth-largest office park in the Tri-Counties has been sold for $59.1 million. The 1.2 million-square-foot Mission Oaks Corporate Center in Camarillo was purchased by Rexford Industrial, a Los Angeles-based real estate investment firm that lists several smaller industrial properties in Oxnard, Simi Valley and Camarillo in its Southern California portfolio. CBRE Group announced the Read More →
Onion, celery growers tout energy projects
Agribusiness, Green Coast, Latest newsVentura County took a another step toward becoming a global hub for sustainable agriculture on July 11 when two big Oxnard food processors unveiled major energy efficiency projects. With a number of state and local officials in attendance, Gills Onions launched a major energy storage facility that will allow it to capture electricity generated at Read More →
Xirrus funding nears $80M mark
Banking & Finance, Latest news, TechnologyThousand Oaks-based Xirrus has raised $18.4 million in venture capital, bringing its total funding to date to nearly $80 million. Founded in 2004, Xirrus makes high-powered wi-fi equipment designed to be robust enough to replace wired networks in places like colleges and corporate office buildings. The most recent $18.4 million was part of a $25.3 Read More →