Sage Network and Sage Communications to merge
Latest news, Small BusinessTwo Camarillo companies will merge to form Sage Network and Communications. Sage Network, founded in 2005 by tech veteran Randy Hill, provides and maintains IT infrastructure for small-to-medium sized companies. Tech veteran Rick Minyard founded Sage Communications in 2013 to offer clients telecommunications and Internet services. The new company will have about 600 clients in Read More →
Limoneira revenues fell, loss grew in first quarter
Agribusiness, Earnings, Latest news, Tri-County Public CompaniesSanta Paula-based Limoneira reported a loss of about $4 million and revenues fell $3 million in first quarter earnings results the company released March 10. Revenues fell from $28 million during the first quarter of 2015 to $25 million in 2016. Net losses widened from $1.4 million in 2015 to $3.9 million in 2016. Losses Read More →
QAD revenues and profits fell in fourth quarter and fiscal year 2016
Earnings, Latest news, Technology, Tri-County Public CompaniesSanta Barbara software developer QAD’s revenues and profits fell, the company reported in fourth quarter and fiscal year 2016 earnings results March 10. Fourth quarter revenues fell from $79.6 million in 2015’s fourth quarter to $69.3 million in 2016. Gross profits fell from $45.7 million to $38.4 million. QAD hit analyst revenue estimates of $69 Read More →
As Rush steps down, CSUCI welcomes first woman president
Latest news, Top StoriesIn a move that signals a new era of leadership, CSU Channel Islands will get its first woman president, and the current CI provost will take the helm at CSU Chico. The CSU Board of Trustees announced March 9 that Erika Beck, currently provost at Nevada State College will become the second president of CI. Read More →
Calavo Growers beats per share estimates but misses on revenue
Earnings, Latest news, Tri-County Public CompaniesCalavo Growers beat per share analyst expectations but missed revenue estimates when the company reported fiscal year 2016 first quarter earnings March 8. The Santa Paula-based avocado grower reported earnings per share of 37 cents, 2 cents better than estimates compiled by financial information provider S&P Capital IQ. Revenues increased 5 percent from $194.8 million Read More →
It’s official: CKE moving headquarters from Carpinteria to Nashville
Latest newsCKE Restaurants, the parent company of Hardees and Carl’s Jr., is moving its Carpinteria headquarters to Nashville, Tennessee, the company announced March 7. The Business Times broke the news in its print edition March 4 that CKE was looking to consolidate the Carpinteria office and Hardee’s St. Louis office into one office in Nashville. A Read More →
Amgen to pay dividend of $1 per share
Earnings, Latest news, Tri-County Public CompaniesThousand Oaks-based biotech giant Amgen announced it will pay a second quarter dividend of $1 per share. Amgen increased its first quarter dividend to $1 per share from 79 cents on Dec. 15, which Amgen paid to shareholders during each quarter last year. Amgen will pay the dividend on June 8 to shareholders who own Read More →
