Tri-county tech stocks make market moves
Ventura County tech companies inked big sales, swung back to profits and traded at heavy volumes in early April. Oxnard-based CalAmp Corp., a communications gear firm, signed contracts for $15.2 million in new wireless networks sales, sending shares up. After paring itself down to basics and tightening its manufacturing to deal with heavy losses, Camarillo-based Read More →
When the going gets tough
When the going gets tough, the tough get going. Kelly Magne knows that as she watches the clock and sips on a soda. Every day at four o’clock, the president and chief executive officer of Jensen Audio Visual clears her late afternoon schedule for her most important appointment: visiting her husband. Since January, Magne has Read More →
Another LAX flight
United Airlines added a sixth flight from San Luis Obispo Regional Airport to Los Angeles. The flight will be in a 30-seat Embraer 120 turboprop similar to those currently used to service LAX and San Francisco, the airport said. It will be operated by United’s regional partner SkyWest Airlines and will depart at 2:23 p.m. Read More →
Watching church moves
The Archdiocese of Los Angeles has a much greater impact on the area economy than you might think. High schools, hospitals, missions, colleges and seminaries make it one of the largest employers in the Santa Barbara-Ventura county area. And it was not always apparent that the outlying counties were a priority for outgoing Los Angeles Read More →
Hwy 101 may have a smoother road ahead
Just when it looked like Highway 101 was headed for a legacy of potholes and traffic jams, things are showing signs of improvement. The region’s major trade corridor is more than just a lifeline for goods and services — in many ways it actually defines the tri-county economy. And to make major changes on Highway Read More →
Wal-Mart revises plans
Wal-Mart has submitted a scaled-down revision for its plans to build a supercenter store in Atascadero, the Tribune reported. The retail giant now proposes a 123,112-square-foot retail and grocery building, including a pharmacy, although it will no longer be a drive-through, and a 6,448-square-foot outdoor garden center, the newspaper reported. A tire and lube express Read More →
Late bidder emerges to top offer for CKE
Hold the lettuce. The emergence of a late bidder has frozen private equity firm Thomas H. Lee’s plans to take Carpinteria-based CKE Restaurants private for $11.09 per share. The parent company of Carl’s Jr. and Hardees said April 7 it had received a late bid that was likely to top THL’s best offer, an announcement Read More →
