Venoco chief gets more time to find $400M
[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”25-01-2012″ enddate=”25-07-2012″ width=”300″ height=”245″] Venoco founder Tim Marquez has been given a second extension until Aug. 31 to tell shareholders how he plans to come up with as much as $400 million to take his company private. The Denver-based oil company has large operations on the South Coast and was Read More →
Gorell, Newsom team to recruit firms to Golden state
Looking to counter raiding expeditions by high-profile elected officials from outside the state, California is about to embark on a recruiting effort of its own. At a meeting expected to take place Friday in Thousand Oaks, Lt. Gov. Gavin Newsom and Assemblymember Jeff Gorell, a Republican from the 37th District, are expected to announce a Read More →
Dole profits slip, spin off looms
Fruit and produce distributor Dole Foods Co. earned $66 million, or 74 cents per share, in its second quarter and said that a proposed spin off of its packaged foods business could happen by year’s end. The earnings announced on July 19 were down from $83 million, or 94 cents per share, in the second Read More →
Whistleblower makes DaVita cough up $55M
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Xirrus funding nears $80M mark
Thousand Oaks-based Xirrus has raised $18.4 million in venture capital, bringing its total funding to date to nearly $80 million. Founded in 2004, Xirrus makes high-powered wi-fi equipment designed to be robust enough to replace wired networks in places like colleges and corporate office buildings. The most recent $18.4 million was part of a $25.3 Read More →
Limoneira predicts bumper crop
The 2012 season holds the promise of record or near-record crops for citrus and avocado growers in the Tri-Counties. That’s the view from the mid-year update from Limoneira Co., one of the region’s largest producers. Limoneira CEO Harold Edwards said in Santa Paula on June 26 that the company’s expanded lemon operations mean that it Read More →
