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Dole Food lays off another 400 berry workers

By   /  Tuesday, September 19th, 2017  /  Agribusiness, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Dole Food lays off another 400 berry workers

Westlake Village-based Dole Food continued to downsize its California berry operations with a layoff of more than 400 workers in Watsonville. The company submitted a notice to the California Employment Development Department at the end of August stating that the employees would be laid off effective Oct. 28. This comes after the announcement that 172 Read More →

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Conejo Valley biotech scene heats up with Sienna IPO

By   /  Friday, July 14th, 2017  /  Central Coast Health Watch, East Ventura County, Latest news, Technology  /  Comments Off on Conejo Valley biotech scene heats up with Sienna IPO

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Frontier Communications completes 1-for-15 reverse stock split

By   /  Monday, July 10th, 2017  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Frontier Communications completes 1-for-15 reverse stock split

Frontier Communications completed a 1-for-15 reverse stock split on July 10, opening at $16.35 per share, with around 175 million shares outstanding. The company announced the split March 28 when it filed paperwork with the Securities and Exchange Commission, and the move was approved by shareholders and the board of directors May 10. Its market Read More →

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Sienna Biopharmaceuticals files for $75 million IPO

By   /  Thursday, July 6th, 2017  /  Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Sienna Biopharmaceuticals files for $75 million IPO

Westlake Village biotechnology company Sienna Biopharmaceuticals filed for an initial public offering with the Securities and Exchange Commission on June 3, stating expectations to raise up to $74.75 million. Founded in 2010, the company develops clinical-stage topical therapies for inflammatory skin diseases and other conditions. ARCH Venture Partners and Venvest Capital led a $40 million Read More →

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Former iPayment executives face embezzlement charges

By   /  Friday, March 10th, 2017  /  Latest news, Law, Technology  /  Comments Off on Former iPayment executives face embezzlement charges

The U.S. Securities and Exchange Commission charged two former iPayment executives March 10 with causing an estimated $11.6 million in losses to the Westlake Village company through fraudulent accounting practices including false expense reimbursements and inflated invoices. Criminal charges were also brought by the U.S. Attorney’s Office for the Central District of California against the Read More →

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Freeport-McMoRan sells California onshore oil, gas properties

By   /  Friday, October 21st, 2016  /  Energy, Latest news  /  Comments Off on Freeport-McMoRan sells California onshore oil, gas properties

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Freeport-McMoRan selling onshore Central Coast oil and gas properties

By   /  Monday, October 17th, 2016  /  Energy, Latest news  /  Comments Off on Freeport-McMoRan selling onshore Central Coast oil and gas properties

Freeport-McMoRan will sell its onshore California oil and gas properties, which include several facilities throughout the Central Coast, to Sentinel Peak Resources California LLC for a total of $742 million, according to SEC filings. The deal includes $592 million in cash and an additional $50 million per year in 2018, 2019 and 2020 if the Read More →

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