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You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  -  Page 211
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Vitesse slashes workforce, dims sales outlook

By   /  Monday, October 3rd, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Vitesse slashes workforce, dims sales outlook

Vitesse Semiconductor, the Ventura County chipmaker rocked by a stock-options scandal in 2006, has laid off 10 percent of its workforce and shuttered one of its Camarillo facilities. Vitesse disclosed the pink slips in a regulatory filing Oct. 3. The company said it ended its lease on facilities at 4721 Calle Carga and terminated 10 Read More →

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French firm plucks Dole division

By   /  Tuesday, September 20th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on French firm plucks Dole division

Dole Food Co. said Sept. 20 that it was selling its ripening and distribution businesses in Spain and Portugal, known as Dole Spain, to the Compagnie Fruitière Group. Terms of the sale, expected to close in November, were not disclosed. Westlake Village-based Dole holds a non-controlling 40 percent stake in Compagnie Fruitière. The other 60 Read More →

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Court rebuffs bank on Estate Financial payout

By   /  Friday, September 16th, 2011  /  Banking & Finance, Banking Industry, Law, Top Stories, Tri-County Public Companies  /  Comments Off on Court rebuffs bank on Estate Financial payout

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Venoco’s Ellwood pipeline approved

By   /  Tuesday, September 13th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Venoco’s Ellwood pipeline approved

Venoco said Sept. 12 that it has received final approval to build an 8.5-mile pipeline to transport crude oil from its South Ellwood field, off the coast of Goleta, to the shore. “After almost three years in the permitting process, we are very pleased to announce we are ready to begin construction of this pipeline, Read More →

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Latest

Calavo Growers’ Q3 profits bruised

By   /  Wednesday, September 7th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers’ Q3 profits bruised

Food marketer Calavo Growers saw earnings slide 54.4 percent to $2.7 million, or 18 cents per diluted share, despite higher revenues in the third quarter, it said Sept. 7. Its profits were constrained by high fruit costs in its fresh foods segment and a smaller supply of fresh avocadoes, it said, although sales jumped 44 Read More →

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Heritage Oaks Bank names new CEO

By   /  Wednesday, September 7th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bank names new CEO

Simone Lagomarsino will take the reins at Paso Robles-based Heritage Oaks Bank as president and CEO on Sept. 10. Lagomarsino succeeds current CEO Larry Ward, who announced his retirement earlier this year. Heritage Oaks, the parent of the Business First Bank brand in Santa Barbara, is the third-largest regionally based bank in the Tri-Counties. It Read More →

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Latest

Venoco sued over CEO’s offer

By   /  Friday, September 2nd, 2011  /  Banking & Finance, Law, Top Stories, Tri-County Public Companies  /  Comments Off on Venoco sued over CEO’s offer

A shareholder of Venoco has filed a lawsuit to block a proposal by the CEO of the oil and gas company to buy the half of the company he doesn’t already own, alleging that the proposed buyback undervalues the firm. Tim Marquez, the CEO and president of Venoco, has offered $12.50 per share to buy Read More →

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