Bank of America has shed a 1 million-square-foot portfolio of former Countrywide Financial Corp. office buildings for $200 million and plans to consolidate its Simi Valley campus.
With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.
Thousand Oaks-based energy crop firm Ceres has raised $23 million that it hopes will help it to break even as it continues testing its seeds in Brazil.
Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.
Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.