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 →
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 →
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 →
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 →
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.
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 →