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Powers: Ventura County keeping close watch on portfolio

By   /  Thursday, March 15th, 2012  /  Banking & Finance, Latest news, Tri-County Economy  /  Comments Off on Powers: Ventura County keeping close watch on portfolio

Ventura County will closely monitor returns on its investment portfolio to make sure an 8 percent gain is reasonable, county CEO Mike Powers said in a March 15 talk. Speaking in Ventura at the quarterly California Lutheran University Corporate Leaders Breakfast, Powers said that while 8 percent has been a historically accurate return, constant monitoring Read More →

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California must invest in the future, Lt. Gov. says in SLO

By   /  Friday, February 24th, 2012  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on California must invest in the future, Lt. Gov. says in SLO

Lt. Gov. Gavin Newsom told hundreds of civic and business leaders in San Luis Obispo on Feb. 24 that California needs to look beyond its borders for new ideas on how to once again lead the United States in job creation. Newsom told the crowd at the San Luis Obispo Chamber of Commerce luncheon that Read More →

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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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Community colleges bring home bad grades

By   /  Friday, February 17th, 2012  /  Top Stories, Tri-County Economy  /  2 Comments

Five of the six community colleges in the Tri-Counties came under fire in early February as the regional accreditation agency issued the latest in a string of negative report cards.  The worst report went to San Luis Obispo County’s Cuesta College, now in danger of closing if it doesn’t improve its educational standards. Santa Barbara 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 →

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Editorial: Region’s recovery puts private-sector jobs first

By   /  Friday, February 10th, 2012  /  Editorials, Opinion, Tri-County Economy  /  Comments Off on Editorial: Region’s recovery puts private-sector jobs first

Jobs have become the No. 1 issue for economic recovery, and it would be hard to fault the region’s businesses for not doing their share.

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Ventura County created 4,603 private-sector jobs in 2011

By   /  Friday, February 3rd, 2012  /  Latest news, Tri-County Economy  /  Comments Off on Ventura County created 4,603 private-sector jobs in 2011

After an unexpectedly slow recovery in 2011, economists are pinning their hopes on 2012. That was the word from Bill Watkins and Mark Schniepp, two tri-county-based economists who gave separate outlooks for the U.S. and Ventura County economies at a Feb. 3 event at California Lutheran University. “2011 really didn’t shape out to be the Read More →