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 →
Higher profits in hand, region’s banks look to expand
Pacific Capital Bancorp, the largest banking company based in the Tri-Counties, turned a $70.5 million profit in 2011 after years of staggering losses. At the same time, First California Financial Group and Heritage Oaks Bancorp, the next two largest banks on the list, reported improved earnings for the year and bold plans to expand. Here’s Read More →
Ceres set to sprout: Crop firm names date for $132M IPO
Ceres plans to go public on Feb. 9, raising as much as $132 million on the Nasdaq under the symbol CERE.
Fed economist forecasts 2.5% growth this year
Zimmerman: Inflation is expected to be at around 1.5 percent in 2012 and 2013.
Deckers CEO: Company culture is what counts
In a globalized world, vision and culture are the keys to creating and marketing successful new products. That’s the message Deckers Outdoor Corp. CEO Angel Martinez brought to about 250 Central Coast business leaders at the Feb. 2 Corporate Leaders Breakfast at California Lutheran University. “Our mission is to find niche brands and turn them Read More →