Limoneira shares sour on Q4 loss
Shares of Santa Paula-based Limoneira Co. plunged 8.1 percent in mid-afternoon trading on Monday after the company reported a fourth-quarter loss of $1.1 million, compared to a $141,000 profit a year earlier. The loss was primarily the result of lower avocado volume and revenue, the firm said.
Amgen’s chief financial officer to depart
Chief Financial Officer Jonathan M. Peacock is leaving Amgen to pursue broader career opportunities, the company announced. Michael A. Kelly has been named acting CFO.
Blue Shield agrees to acquire tri-county Physicians Choice Health Plan
Blue Shield of California has entered into an agreement to acquire Bakersfield-based GemCare Health Plan, which operates as Physicians Choice Health Plan in the Tri-Counties, the company announced Tuesday.
SLO group spearheads broadband push
The Economic Vitality Corp. of San Luis Obispo County is launching a letter-writing campaign for a grant from the California Public Utilities Commission to form what would be called the Broadband Consortium of the Pacific Coast.
CalAmp shares slide as Q4 outlook misses
Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.
