Deckers races past third-quarter expectations behind strong Hoka sales
Earnings, Latest news, left, Tri-County Public CompaniesDeckers’ attempt to turn its running shoe brand, Hoka One One, into a billion-dollar blockbuster keeps panning out with each quarter that passes. The Goleta-based company again outpaced analysts’ expectations, this time for the third quarter of 2022, as revenue and earnings both shot up thanks in large part to the continuing growth of the Read More →
Community West Bancshares nets record earnings
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesCommunity West Bancshares reported a record net income of $13.4 million or $1.51 per share in fiscal year 2022, the firm said in its earnings announcement on Jan. 27. The company’s board of directors also declared an increase of its quarterly cash dividend by 6.7% to $0.08 per common share, payable on Feb. 28 to Read More →
QAD sees major expansion ahead with Redzone acquisition
Latest news, TechnologySanta Barbara-based QAD has secured its second acquisition in as many months, this time purchasing Florida-based Redzone for a reported $1 billion, the software company announced Feb. 1. QAD, which provides cloud software for the manufacturing industry, did not disclose how much the deal was worth. However, according to Reuters, the deal is worth about Read More →
Amgen reports drop in profit for fourth quarter
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Biltmore owners seek $12M from insurance firms
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Sonos launches new partnership with TuneIn
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Limoneria cuts down debt with sale of Tulare property for $100M
Agribusiness, Central Coast, Latest news, left, Regions, Ventura CountyThe future of Santa Paula-based Limoneira came into sharper focus on Feb. 1 when the company sold a major agribusiness holding in the Tulare area for $100 million, recouping $99 million in cash while also reaching an agreement to grow, pack and market lemons produced on the property. PGIM Agricultural Investments, a unit of PGIM Read More →
