Thanks to rising U.S. and foreign stock markets, major public pension plans in the Tri-Counties exceeded expected investment return rates for the last fiscal year. But Santa Barbara County’s performance lagged far behind its peers. Ventura County Employees’ Retirement Association and San Luis Obispo County Pension and Trust saw net returns of 12.8 and 12.9 Read More →
Shares of Dole Food, based in Westlake Village, closed above CEO David Murdock’s buyout offer price of $13.50 after the company disclosed in SEC filings that other bidders may be surfacing. In its filing Dole said that “beginning on the morning of Aug. 12” representatives of investment bank Lazard began contacting potential bidders, including four Read More →
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