Dole to appeal $59M fine
Banking & Finance, Latest news, Tri-County Public CompaniesWestlake Village-based Dole Food Co. said it will appeal to Europe’s highest court after a lower-court decision that upholds a $59.8 million fine levied by the European Union over allegations that the fresh fruit company colluded with German banana importers to fix prices. The decision, issued by the E.U.’s General Court, upheld the fine of Read More →
HG Data raises $2M, looks to Asia
Latest news, TechnologySanta Barbara-based business intelligence firm HG Data has raised $2 million in venture capital from EPIC Ventures. HG Data’s technology combs millions of web documents and offline sources to create comprehensive databases of business relationships. In 2012, for example, the company released a census of which worksites were operating thousands of specific kinds of software, Read More →
Smaller Dole reports Q4 loss
Agribusiness, Banking & Finance, Latest news, Tri-County Public CompaniesA much-smaller Dole Food Co. reported a fourth-quarter loss and lower profits in 2012. The Westlake Village-based produce giant sold its worldwide packaged foods and Asian fresh foods business to Itochu Corp. out of Japan for $1.7 billion in cash earlier this year. With its packaged-foods business sold, the new Dole has a much smaller Read More →
Limoneira lost $3.1M in Q1
Agribusiness, Banking & Finance, Latest news, Tri-County Public CompaniesLimoneira Co., a Santa Paula-based lemon grower and land developer, reported a wider first-quarter loss on March 12 despite higher revenue. Limoneira lost $3.1 million in the first quarter of 2013, compared to a $2.8 million loss a year earlier. The company pinned the wider loss on lower lemon prices and the seasonality of its Read More →
Semtech sets sales record, shares soar
Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”06-09-2012″ enddate=”06-03-2013″ width=”300″ height=”245″] Camarillo-based Semtech beat analyst expectations for revenue and profits for its most current fiscal year and raised its sales prediction for the next quarter, sending shares up more than 11 percent in after-hours trading. Semtech said its full-year revenue came to $578.8 million, up 20.4 percent Read More →
FindTheBest raises $11M
TechnologySanta Barbara-based FindTheBest has raised $11 million in venture capital from New World Ventures and Kleiner Perkins Caufield & Byers, among others. FindTheBest has created a comparison engine that weaves data together from credible sources to help users make decisions about everything from where to take a ski trip, where to go to college or Read More →
