Retired business leaders have a lot to teach
Learn by listening to leaders. It is a widely known and accepted belief that one can learn leadership qualities by listening to those who have successfully demonstrated such attributes in their careers. A group of such highly accomplished leaders lives at the same address in Ventura County. Collectively, these individuals possess a gold mine of Read More →
Phillips 66 proposes fewer trains for rail expansion at Santa Maria refinery
Phillips 66 is now proposing to run fewer trains for its rail expansion project at its Santa Maria refinery in an attempt to allay the San Luis Obispo County Planning Commission’s environmental concerns. For its original five weekly trains proposal, county staff noted 11 significant and unavoidable environmental impacts associated with the increased operations at Read More →
Deckers Outdoor fourth quarter earnings results positive
Deckers Outdoor, a Goleta-based manufacturer of outdoor footwear apparel and accessories, beat analyst earnings per share estimates when it released third quarter 2016 earnings Feb. 4. Earnings per share increased to $4.78 from $4.50 last year. That beat analyst estimates of $4.75 per share, according to Yahoo Finance. Revenues also increased 3.6 percent during the Read More →
Inphi misses revenue predictions but beats earnings per share
Inphi Corp. barely missed revenue expectations and barely beat earnings per share when it released fourth quarter and yearly earnings Feb. 4. Sales grew 3.2 percent from $62.4 million last year to $64.4 million this year. Yearly revenues also grew from $156.1 million in 2014 to $246.6 million in 2015. Inphi also had earnings per Read More →
Teledyne sales fall but earnings per share beat analyst estimates
Thousand Oaks-based industrial conglomerate Teledyne Technologies saw sales slip for the fourth consecutive quarter but still beat analyst estimates for earnings per share when it released results Feb. 4. Teledyne sales fell 3.6 percent during the fourth quarter from $622.3 million in 2014 to $600 million in 2015. Sales also fell 4 percent during the Read More →
PennyMac beats profit expectations but misses on revenue
Moorpark-based PennyMac Financial Services reported a $68.9 million profit on revenue of $187.2 million for the fourth quarter, beating Wall Street expectations on profit but missing on revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported a profit 58 cents per share Read More →
Oxnard-based CalAmp buys LoJack for $134 million
Oxnard-based CalAmp completed its hostile takeover of Canton, Mass.-based LoJack on Feb. 1 by buying LoJack for $134 million. CalAmp makes wireless devices for the vehicle and transportation industries while LoJack makes theft recovery systems for cars, trucks and construction equipment. CalAmp had discussions with LoJack for 14 months prior to December 2015 and made Read More →
