Ceres delays its IPO, slashes price
Thousand Oaks-based energy crop maker Ceres has drastically lowered expectations for its initial public offering and delayed it for a week, according to regulatory filings and investment banking sources. The company was set to raise as much as $132 million on the Nasdaq when shares hit the markets under the name CERE on Feb. 9. Read More →
Editorial: Region’s recovery puts private-sector jobs first
Jobs have become the No. 1 issue for economic recovery, and it would be hard to fault the region’s businesses for not doing their share.
Ventura County created 4,603 private-sector jobs in 2011
After an unexpectedly slow recovery in 2011, economists are pinning their hopes on 2012. That was the word from Bill Watkins and Mark Schniepp, two tri-county-based economists who gave separate outlooks for the U.S. and Ventura County economies at a Feb. 3 event at California Lutheran University. “2011 really didn’t shape out to be the Read More →
Fed economist forecasts 2.5% growth this year
Zimmerman: Inflation is expected to be at around 1.5 percent in 2012 and 2013.
Level to break ground on new HQ
Level Studios, a San Luis Obispo-based digital marketing and branding firm, said it plans to break ground Feb. 3 on a new 46,000-square-foot, two-story building on the Central Coast that will house up to 300 employees in the next two years. The new facility will be built in the East Airport Commerce Park in San Read More →