Ten years down the road, Palms center in Oxnard turning around
The very first issue of the Business Times 10 years ago took a hard look at the ailing Oxnard Factory Outlet along Highway 101. At the time, the shopping center looked like a ghost town. It was losing the fight against the newly opened Camarillo Premium Outlets and had struggled for years with declining profits, Read More →
Limoneira shares climb in Nasdaq debut
Shares of Santa Paula-based Limoneira Co., the largest citrus grower in the Tri-Counties, gained nearly 7 percent in their first day trading on the Nasdaq Stock Market. The company’s stock was formerly traded on the Pink Sheets, an over-the-counter exchange. Moving to the higher-visibility Nasdaq on May 27 was part of a plan Limoneira announced Read More →
Editorial: Rise of the Wall Street machines
We’re not the only people who’ve seen eerie similarities between the compacted crash of the stock markets in early May and the Black Monday crash of 1987. A slowly recovering economy, clashing views over currencies and computerized trading were all factors in the October 1987 crash as well as the mini-crash that happened May 7. Read More →
Editorial: Finally, signs of life in the housing market
The housing market is sending a few positive signals — a welcome development, though not enough to conclude that a sustained recovery is yet at hand. The latest reports from DataQuick show home prices across Southern California are recovering from last year’s depressed levels, as the drop in sales volume has leveled off. Double-digit gains Read More →
A good sign: C&D Zodiac thriving in Santa Maria
If you’ve ever flown in a Boeing jet and adjusted the air nozzle above your head or rang for a flight attendant, there’s a good chance you’ve touched a product made by C&D Zodiac in Santa Maria. C&D’s factory in Santa Maria employs 475 and is one of 15 facilities owned by the company, a Read More →
