Limoneira reports profit, record sales
Santa Paula-based citrus producer Limoneira reported a solid third quarter on Sept. 9, with revenue up 5.3 percent and a profit of 12 cents per share that reversed a year-ago loss. The company said it sold a record 2 million cartons of lemons for the quarter and avocado volume increased. The company’s real estate operations Read More →
Calavo reports net loss, revenue decline
Calavo Growers reported a 24.7 percent decline in revenue and a net loss of $15.6 million, or 89 cents per share, for its fiscal third quarter, as it adapted to lower avocado prices and took a loss on its investment in FreshRealm, its meal-kit delivery venture. Calavo, based in Santa Paula, said total revenue for Read More →
AppFolio to sell legal unit for $193M
In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →
Putting trust in the community: donations drive Housing Trust Fund
Affordable housing doesn’t build itself, and it doesn’t fund itself, either. To help developers create more affordable housing, Housing Trust Fund Ventura County has raised $5 million, and it’s hoping to raise a lot more. “Our mission is to fill this huge gap of a lack of affordable housing,” said Housing Trust Fund CEO Linda Read More →
Ventura, Channelkeeper reach deal in river water suit
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Apple, Tesla thrive with stock splits, but are they a fad?
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Carbajal expects more stimulus funds
An agreement on a new round of stimulus funding, including payment to individuals and additional funding for small business, is likely to be reached in mid-September, says U.S. Rep. Salud Carbajal, D-Santa Barbara. In a Sept. 2 phone interview with the Business Times, Carbajal said he expects the White House and House Speaker Nancy Pelosi Read More →
