Calavo Growers’ fourth quarter earnings fall short
Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies, West Ventura CountySanta Paula-based Calavo Growers missed analyst projections on its fourth-quarter earnings. Calavo Growers, which is known for its avocado production, reported on Dec. 29 a profit of 28 cents per share, missing Wall Street’s projection of 46 cents per share. Calavo Growers stock ended the day at $49.51 per share, down $1.14. The company posted Read More →
Freska buys Oceanside avocado packing plant
Agribusiness, Latest news, Top Stories, Tri-County Public CompaniesOxnard-based Freska Produce International has purchased an avocado packer, Harvest Time Produce of Oceanside, the company announced in a news release Dec. 17. The move by Freska, which already has a Mexican avocado program, will allow the company known for mangoes to use the Oceanside packing plant to become a year-round provider of avocados. Terms Read More →
Amgen increases dividend to $1 per share
Health Care & Life Science, Latest news, Tri-County Public CompaniesAmgen increased its yearly dividend 27 percent this year to $1 per share. Previously, the dividend had been 79 cents per share for the Thousand Oaks-based biotech giant. Shares jumped after news of the 27-cent dividend broke. The announcement was made just after the markets closed at 1:11 p.m. Amgen closed the trading day up Read More →
Ceres plans to raise $6.7 million through public stock offering Dec. 17
Agribusiness, Latest news, Tri-County Public CompaniesCeres, a Thousand Oaks-based agriculture-biotechnology company, priced shares at 40 cents each on Dec. 15 for its follow-on public offering on Dec. 17. Ceres plans to raise $6.7 million through the offering, which will be comprised of 600,000 shares of common stock, 6,460 shares of preferred stock convertible into 16,150,000 shares of common stock, and Read More →
CPUC approves Frontier takeover of Verizon subscribers
Latest newsThe California Public Utilities Commission approved on Dec. 4 Frontier Communications’ application to buy all Internet, TV and landline phone subscribers in California from Verizon Communications. Norwalk, Conn.-based Frontier agreed in February to pay Verizon $10.5 billion for all Internet, TV and phone subscribers in California, Texas and Florida. The Federal Communications Commission approved the Read More →
