Ceres to plow $23M raise into sorghum tests
Thousand Oaks-based energy crop firm Ceres has raised $23 million that it hopes will help it to break even as it continues testing its seeds in Brazil.
Heritage Oaks names new CFO
Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.
Deckers’ global push takes toll on stock price
Deckers warned investors to expect a loss of 16 cents per share — compared to the 10-cent-per-share profit expected by Wall Street analysts — in the first quarter despite projected revenue growth. The company said that the reason was its aggressive build-out of its own branded retail stores around the world.
Developers back out of deal to buy Santa Maria parcels from Limoneira
Two housing developments in Santa Maria are back on the market after a potential buyer backed out of an $8.3 million deal with Limoneira Co.
Heritage Oaks to cut 60 jobs as Mission Community deal closes
With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.
