PennyMac mints new HQ in Moorpark
By Marlize van Romburgh / Friday, July 8th, 2011 / Banking & Finance, Banking Industry, Real Estate, Top Stories, Tri-County Economy / Comments Off on PennyMac mints new HQ in Moorpark
A new venture led by a former top executive of Countrywide Financial Corp. is moving to Moorpark.
Bank buy starts Mission shopping spree
By Marlize van Romburgh / Friday, July 1st, 2011 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Bank buy starts Mission shopping spree
Mission Community Bank plans to acquire Santa Lucia Bancorp, doubling its size and kicking off a bank buying spree.
Trade lenders eye Ventura County Business Bank
By Marlize van Romburgh / Friday, June 24th, 2011 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Trade lenders eye Ventura County Business Bank
A Chinese-American bank focused on trade finance is acquiring Ventura County Business Bank.
New CalAmp CEO walks in as focus shifts
By Stephen Nellis / Friday, June 24th, 2011 / Technology, Top Stories, Tri-County Public Companies / Comments Off on New CalAmp CEO walks in as focus shifts
CalAmp is back. The Oxnard-based firm, which trades on the Nasdaq and has a 98,0000-square-foot facility in the Tri-Counties, had a brush with death when it temporarily lost a huge customer and revenues halved. But analysts say the company’s turnaround team has righted the ship and handed off power to a new CEO.
UCSB series digs at roots of banking crisis
By Marlize van Romburgh / Thursday, June 9th, 2011 / Banking & Finance, Banking Industry, Top Stories / Comments Off on UCSB series digs at roots of banking crisis
During the next five months, UC Santa Barbara will host a series of talks in which Nobel Prize-winning economists, best-selling financial journalists and other experts will take a deep look at the financial crisis and its aftermath.
Calavo bags fresh food firm for $96M
By Marlize van Romburgh / Friday, June 3rd, 2011 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Calavo bags fresh food firm for $96M
Calavo Growers’ $96 million purchase of a fast-growing fresh food company signals that it’s come a long way since its homegrown roots as an avocado cooperative.
Ceres plants IPO: Biofuels firm seeks $100 million
By Marlize van Romburgh / Friday, June 3rd, 2011 / Banking & Finance, Top Stories / Comments Off on Ceres plants IPO: Biofuels firm seeks $100 million
Energy crop company Ceres has filed papers to raise up to $100 million in an initial public offering of its stock.