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 →
Goleta’s DuPont Displays closes, lays off 41 employees
Latest newsDuPont Displays laid off 41 employees when the Goleta-based company permanently closed Feb. 29 after almost 26 years in business. DuPont Displays was a lighting subsidiary of DuPont USA and developed LED, LCD and organic light emitting diode technology. The company started as UC Santa Barbara startup Uniax in 1990 using technology developed by professor Read More →
Judge orders Plains to stop misleading oil spill claimants
Energy, Latest news, Law & GovermentA U.S. District Court ordered Plains All American Pipeline to stop misleading claimants seeking to recover interim damages from the Refugio oil spill and invalidate releases that preclude them from joining the class-action lawsuit and recouping further compensation. “The Court finds that Defendants are engaged in misleading conduct by using the OPA claims process — Read More →
SBA offers loans to businesses affected by Ventura Harbor closing
Latest newsThe Small Business Development Center at 1603 Anchors Way in Ventura will provide loan counseling to businesses affected by the recent closure of the Ventura Harbor through March 3. The U.S. Small Business Administration declared the closure a disaster, enabling it to provide assistance to businesses that experienced adverse financial impacts. Economic Injury Disaster Loans Read More →
Semtech adds Li to board of directors
Latest newsSemtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, announced Feb. 29 that its board of directors has appointed Ye Jane Li as its newest director, effective Feb. 25. Li has been a strategic advisor to Diversis Capital, LLC, a private equity firm that invests in middle-market companies, since 2013. Li was the chief operating Read More →
