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 →
Mindbody acquires app developer HealCode
MindBody, a San Luis Obispo-based developer of merchant processing software for yoga and fitness studios, acquired Austin, Texas–based HealCode, which develops web and mobile apps for holistic health service companies. MindBody and HealCode worked closely together previously and about 7,500 of MindBody’s 55,000 subscribers already used HealCode widgets in MindBody software for things like client Read More →
Fire inspection scammer arrested
Authorities arrested a man who scammed Santa Barbara County businesses with false invoices for fire inspection services that were not actually performed. The Santa Barbara County District Attorney’s Office announced on Sept. 1 that it arrested Robert Musich in Pomona for allegedly duping 834 California victims. Musich was arrested on suspicion of 11 felony counts, Read More →
Windset Farms growing its Santa Maria operations
The Santa Maria City Council will consider a development agreement with Windset Farms to add two greenhouses on 40 acres of its 220-acre Black Road property. The expansion includes the construction of an 88,000-square foot grading, packing and cooling facility. If approved Sept. 9, the development agreement will also include a deferral of road construction Read More →
Brown should not sign farmworker overtime bill
With the farmworker overtime pay bill headed to Gov. Jerry Brown’s desk, we’re writing to warn that many of the quick fixes to contemporary problems are not what they appear to be. In a year where Bernie Sanders ignited the Democratic Party with his appeal to the issue of social injustice, the impulse to seize Read More →
