Weak job growth, high cost of living spell trouble in Ventura County
By Tony Biasotti In May, the Ventura County Civic Alliance will release its 2017 State of the Region report. As in past editions of the report, the state of the county’s economy is a large part of the overall state of the region. The state of the economy is decidedly mixed. Ventura County is what Read More →
Our view: Two Trees preservation wonderful for Ventura
Concerned citizens, community advocates and one of Ventura County’s emerging power couples has made an impressive effort to preserve the city of Ventura’s iconic “Two Trees” hilltop gathering place. On Earth Day, Rich and Bonnie Atmore led a volunteer effort to plant a new eucalyptus tree to begin the process of replacing one of the Read More →
Amgen revenues fall but profits increase
Thousand Oaks-based biotech giant Amgen’s total revenues decreased by 1 percent to $5.5 billion during the first quarter of 2017, compared to the same period a year ago, according to an earnings report April 26. The drop was related to the plunge in sales of Enbrel, its rheumatoid arthritis drug. Sales decreased 15 percent due Read More →
Deckers Brands considering putting itself up for sale
Deckers Brands, the Goleta-based maker of Ugg boots and other footwear, said April 25 that it is considering strategic alternatives that could include selling the company. Red Mountain Capital Partners, an investment firm that owns a 3.3 percent stake in Deckers, has been pressuring Deckers’ management team to explore options that include a sale or Read More →
Marsha Bailey 101 One Hundred winners honored
The Business Times would like to congratulate all of this year’s 101 One Hundred winners, as well as Marsha Bailey, who became the 15th member of the Business Times Hall of Fame. The featured firms and organizations listed below are comprised of the region’s top 50 private companies (ranked by revenue), top 25 publicly traded Read More →
Bank of the Sierra acquiring Ojai Community Bank
Banking industry consolidation on the Central Coast picked up speed on April 25 with the parent company of Bank of the Sierra announcing plans to acquire OCB Bancorp and its four branches in Santa Barbara and Ventura counties. The $14 per share acquisition sent OCB Bancorp shares soaring more 50 percent and marks the latest Read More →
Murdock files for $100 million IPO at Dole Food
Agribusiness giant Dole Food, the tri-county region’s largest private company, filed for an initial public offering of up to $100 million with the Securities and Exchange Commission on April 24. Owner David Murdock, 94, is taking the company public for the third time. He ranks fourth on the Pacific Coast Business Times Region’s Richest list, Read More →
