VC taxpayers tackle public pensions
Ventura County CEO Mike Powers told a taxpayer group that Ventura’s pension system reforms have spurred similar actions around the state. But he faced tough questions from the group about retired public safety officers with six-figure pensions and the 22 officials who are bringing in more than $200,000 a year in retirement. Powers spoke at Read More →
Read More →SLO law firm to change name
San Luis Obispo County’s second-largest law firm is changing names as one of its partners departs. On Feb. 1, Sinsheimer Juhnke Lebens & McIvor will become Sinsheimer Juhnke McIvor & Stroh. Before the change, the firm ranked ninth-largest in the Tri-Counties with 12 attorneys and the second-largest in San Luis Obispo County. Its website now Read More →
Read More →Ceres to debut at $21 to $23 per share
Thousand Oaks-based energy crop developer Ceres has plans to make its debut on the Nasdaq on Feb. 8 under the symbol CERE and raise $132 million. Shares in the company, which uses genetic marking technology to speed the development of non-food energy crops such as drought-resistant switchgrass, are expected hit the markets at between $21 Read More →
Read More →Amgen Q4 earnings drop 8.5%
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Biotech giant Amgen, which said earlier on Thursday that it would pay $1.2 billion for leukemia drugmaker Micromet, reported fourth-quarter earnings that missed analyst expectations. The Thousand Oaks-based company said fourth-quarter profits fell 8.5 percent to $934 million, or $1.08 per share, on lower sales of Read More →
Read More →Kaiser grants Ventura group $1M to fight obesity
Kaiser Permanente has granted $1 million to a Ventura County health care group to promote healthy eating and active living in the community. Advocates for a Lifestyle of Exercise and Nutrition West Ventura, an alliance of health-focused community groups, is one of six Southern California groups set to receive the grant. The investment is part Read More →
Read More →First California reports record 2011 earnings of $23.4M
[wikichart align=”right” ticker=”NASDAQ:FCAL” showannotations=”true” livequote=”true” startdate=”26-07-2011″ enddate=”26-01-2012″ width=”300″ height=”245″] Westlake Village-based First California Financial Group reported profits of $23.4 million in 2011, a company earnings record. A year earlier, it had earned $1.4 million. “Our record breaking performance in 2011 was driven by the combination of continued successful execution of our strategic plan that focuses Read More →
Read More →Semtech to buy Canadian firm for $494M
Camarillo-based semiconductor firm Semtech plans to buy a Canadian chipmaker for $494 million. The agreement to buy Burlington, Ontario-based Gennum is Semtech’s second large acquisition since 2009, when it closed a deal to buy Irvine-based Sierra Monolithics for $180 million. The Gennum deal fits neatly into the strategic plan put in place by Semtech’s leadership Read More →
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