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Haggen to sell remaining grocery stores

By   /  Monday, March 14th, 2016  /  Latest news  /  Comments Off on Haggen to sell remaining grocery stores

And then there were none. Albertsons plans to purchase 29 of 32 Haggen’s “core stores” in Oregon and Washington for a “base amount” of about $106.2 million, according to a March 11 bankruptcy filing. Haggen plans to sell its three remaining locations over the next 60 days. In less than a year and a half, Read More →

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Inogen shares soar after reporting revenues up 40 percent

By   /  Monday, March 14th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen shares soar after reporting revenues up 40 percent

Inogen shares ended the day up 17 percent March 15 after the Goleta-based maker of direct-to-consumer respiratory products reported strong quarterly and annual earnings March 14. The company’s revenues increased about 40 percent during the fourth quarter and 2015 fiscal year because of strong business-to-business sales. In after-hours trading March 14, the stock shot up Read More →

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Sage Network and Sage Communications to merge

By   /  Monday, March 14th, 2016  /  Latest news, Small Business  /  Comments Off on Sage Network and Sage Communications to merge

Two Camarillo companies will merge to form Sage Network and Communications. Sage Network, founded in 2005 by tech veteran Randy Hill, provides and maintains IT infrastructure for small-to-medium sized companies. Tech veteran Rick Minyard founded Sage Communications in 2013 to offer clients telecommunications and Internet services. The new company will have about 600 clients in Read More →

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Cal Lutheran students win Startup Weekend

By   /  Sunday, March 13th, 2016  /  Latest news  /  Comments Off on Cal Lutheran students win Startup Weekend

Rep Watch won the inaugural Startup Weekend Ventura County late March 13. Four California Lutheran University students created the company in just 53 hours over the weekend. During that time, Rep Watch created a device that measures the health of injured body parts. The event was held March 11-13 at Rancho Campana High School in Read More →

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Limoneira revenues fell, loss grew in first quarter

By   /  Friday, March 11th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira revenues fell, loss grew in first quarter

Santa Paula-based Limoneira reported a loss of about $4 million and revenues fell $3 million in first quarter earnings results the company released March 10. Revenues fell from $28 million during the first quarter of 2015 to $25 million in 2016. Net losses widened from $1.4 million in 2015 to $3.9 million in 2016. Losses Read More →

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QAD revenues and profits fell in fourth quarter and fiscal year 2016

By   /  Friday, March 11th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD revenues and profits fell in fourth quarter and fiscal year 2016

Santa Barbara software developer QAD’s revenues and profits fell, the company reported in fourth quarter and fiscal year 2016 earnings results March 10. Fourth quarter revenues fell from $79.6 million in 2015’s fourth quarter to $69.3 million in 2016. Gross profits fell from $45.7 million to $38.4 million. QAD hit analyst revenue estimates of $69 Read More →

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Amid losses, Sientra makes an acquisition

By   /  Friday, March 11th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amid losses, Sientra makes an acquisition

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