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RightScale plans hiring spree with fresh $15.6M

By   /  Friday, February 22nd, 2013  /  Technology, Top Stories  /  Comments Off on RightScale plans hiring spree with fresh $15.6M

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PennyMac jobs top 600 as firm files for IPO

By   /  Friday, February 15th, 2013  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  Comments Off on PennyMac jobs top 600 as firm files for IPO

Moorpark-based PennyMac Financial Services has filed papers for a $287.5 million initial public offering on the New York Stock Exchange. The venture was founded in 2008 by Stanford Kurland, the former No. 2 executive at Countrywide Financial Corp., the defunct subprime mortgage lender at the heart of the financial crisis. Moorpark Community Development Director David Read More →

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Stalled Parker hotel teams with Post Ranch Inn

By   /  Friday, February 15th, 2013  /  Real Estate, Top Stories, Tourism  /  Comments Off on Stalled Parker hotel teams with Post Ranch Inn

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CPA’s study: Nonprofits bring billions in to South Coast

By   /  Friday, February 15th, 2013  /  Nonprofits, Top Stories, Tri-County Economy  /  Comments Off on CPA’s study: Nonprofits bring billions in to South Coast

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First California nixes acquisition on eve of PacWest deal

By   /  Friday, February 8th, 2013  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on First California nixes acquisition on eve of PacWest deal

Westlake Village-based First California Financial Group has called off a deal to acquire Premier Service Bank, a small Riverside-based lender it was slated to buy last year. The dashed deal may be a sign that a contentious $231 million acquisition of First California by Los Angeles-based PacWest Bancorp is moving forward. Executives from First California Read More →

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Gold Team fights back as Perry pursues Haas

By   /  Friday, February 8th, 2013  /  Real Estate, Technology, Top Stories, Tri-County Economy  /  2 Comments

A pre-Valentine’s Day visit by Texas Gov. Rick Perry to Haas Automation has set off a duel between the leader of the Lone Star State and California politicians. Haas Automation is one of the largest employers in Ventura County and the third-largest private company in the Tri-Counties, with annual revenue approaching $1 billion. The Oxnard-based Read More →

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VCMC bond issue scores AA rating, will raise $305M

By   /  Friday, February 8th, 2013  /  Banking & Finance, Top Stories, Tri-County Economy  /  Comments Off on VCMC bond issue scores AA rating, will raise $305M

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