Limoneira’s third quarter revenues grow
Limoneira reported revenue increases for the third quarter of 2016, primarily from higher-than-expected sales and prices of its avocados. Revenues for the Santa Paula agribusiness and real estate development company grew 34 percent compared to the third quarter last year, from $29.8 million to $39.9 million, mirroring 35 percent growth in its agribusiness revenue to Read More →
Governor signs bill requiring state to reduce greenhouse emissions
Gov. Jerry Brown signed a bill that will require the state to reduce greenhouse gas emissions by 40 percent compared to 1990 levels by 2030. Sen. Fran Pavley, D-Agoura Hills, introduced the bill. It amends the 2006 California Global Warming Solutions Act that that requires the state to reduce statewide emission levels to at least Read More →
SpaceX launch at Vandenberg AFB delayed
A SpaceX launch slated for 9:49 p.m. Sept. 19 at Vandenberg Air Force Base will not go ahead as scheduled. In response to a Business Times inquiry on Sept. 8, a SpaceX spokesman said in an email “There’s no SpaceX launch scheduled for Sept. 19,” but did not elaborate further. On Sept. 1, a SpaceX Read More →
Mission Wealth Management launches Social Values Portfolio
Santa Barbara-based financial advising firm Mission Wealth Management launched its new Social Values Portfolio, which aligns investments with an investor’s values. “The introduction of the Social Values Portfolio is in perfect alignment with Mission Wealth’s purpose as a business to serve both our clients and the community at large,” Mission Wealth CEO and founder Seth Streeter Read More →
Calavo Growers grew income in third quarter
Santa Paula-based Calavo Growers followed record highs last quarter with a 47.5 percent increase in net income for the third quarter of 2016, the company reported Sept. 7. Income rose to $12.7 million for the quarter, compared to $8.6 million for the same period last year, and earnings per diluted share rose to 73 cents, Read More →
Trade Desk to price IPO shares at $15
Shares of The Trade Desk are expected to price at $15 when the company holds its initial public offering later this month. The Trade Desk, based in Ventura, said in regulatory filings with the Securities and Exchange Commission dated Sept. 6 that the company expects each of its 4.7 million shares offered to price between Read More →
Australian military buys AeroVironment drones
AeroVironment will enter the business of supplying the Australian military with a transaction involving its Wasp drones. AeroVironment said in a Sept. 6 news release that it sold an unnamed numbers of its Wasp AE family of drones to the Australian Armed Forces. AeroVironment will partner with Australian firms XTEK Limited, Sentient Vision and General Read More →
