Dubroff: Politics aside, only U.S. can lead world out of trade crisis
The intersection of business and politics is a busy place, especially in an election season that’s defied conventional wisdom right through to the end. From the shock of the Brexit vote to the rise of Donald Trump and Bernie Sanders, 2016 has been different from anything we’ve seen in recent memory. And my gut tells Read More →
SBCC Foundation buys Paul Mitchell site for cosmetology program
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Our democracy needs you to vote on Nov. 8
Forget all the talk about rigged elections. Dismiss idle chatter that votes don’t matter. Do not be discouraged by all the negative ads. America was founded on the principle that individual citizens should choose their leaders and the purpose of the Declaration of Independence was to state clearly that our nation should not be subject Read More →
Calavo Growers buys production facility in Riverside
Santa Paula-based avocado and fresh produce grower Calavo Growers completed the $19.4 million purchase of a 128,000-square-foot production facility in Riverside, the company announced on Nov. 3. The acquisition, which was secured in a 1031 exchange, will help Calavo increase its national footprint for its Renaissance Food Group LLC business segment. The facility at 1730 Read More →
PennyMac beats analyst estimates for third quarter earnings
Moorpark-based PennyMac Financial Services reported a $122.3 million profit on revenue of $291.4 million for the third quarter, exceeding Wall Street expectations on earnings per share and revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported earnings of $1.06 cents per diluted Read More →
Inogen sales, profits soar in third quarter
Inogen revenues, profits and earnings per share were up for the third quarter, the company announced Nov. 3. Inogen, a Goleta-based manufacturer of direct-to-consumer respiratory products, said revenues increased 33 percent during the quarter from $40.7 million during the same quarter last year to $54.4 million in 2016, which topped analyst revenue estimates of $47.9 Read More →
Inphi tops expectations for third quarter
Inphi beat Wall Street expectations on revenue in its third quarter earnings report. The Thousand Oaks semiconductor design company reported $70.7 million in revenue on a U.S. generally accepted accounting principles (GAAP) basis, exceeding projections of $67.9 million. That was up 49 percent from $47.4 million in the third quarter of 2015. The growth of Read More →
