Limoneira to pay dividend of 5 cents per share
Santa Paula agribusiness Limoneira declared a dividend of 5 cents per share March 24. The dividend will be paid April 15 to all common stockholders at the close of business April 4. Limoneira badly missed analyst estimates when it reported a first quarter net loss of $3.9 million, or 29 cents per share March 11. Read More →
Bronzini: 2015 tri-county wine grape crop disappointing
The low-yielding wine grape crop of 2015 was prominent in discussions when grape growers, vintners and financial partners gathered for the Central Coast Insights industry conference at the Allegretto Vineyard Resort in Paso Robles on March 10. The event came a month after the release of the preliminary California Grape Crush Report that showed tonnage Read More →
Limoneira revenues fell, loss grew in first quarter
Santa 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 →
Green bonds aid Santa Clara River flood control
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Growing mission: Veterans turn to farming
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SLO company helps growers manage water use
Hortau Irrigation Management Systems drummed up funds for new research and development, allowing it to take its technology to the Pacific Northwest. Headquartered in San Luis Obispo, the agriculture technology company completed a third round of financing in two years, netting $10 million. With the money, Hortau hired additional staff in Washington state and plans Read More →
Ceres fires KPMG over audit concern
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