Land Conservancy of San Luis Obispo County gets 3,000-acre gift
The Land Conservancy of San Luis Obispo County finalized the largest conservation easement gift in its 32-year history March 24. The 3,000-acre expanse at Eagle Ranch in Atascadero is preserved from development after a 10-year process between Eagle Ranch, LLC and the land conservancy. Representatives from both groups and local dignitaries celebrated the agreement at Read More →
Limoneira to pay dividend of 5 cents per share
Santa Paula agribusiness Limoneira declared a dividend of 5 cents per share March 24. The dividend will be paid April 15 to all common stockholders at the close of business April 4. Limoneira badly missed analyst estimates when it reported a first quarter net loss of $3.9 million, or 29 cents per share March 11. Read More →
Stellar Biotechnologies applies for delisting from TSX Venture Exchange
Port Hueneme-based Stellar Biotechnologies has applied for a voluntary delisting from Canada’s TSX Venture Exchange. Stellar makes a protein for immunotherapy treatments using a unique sea snail only found off the coastal shores of a small part of California. Common shares of Stellar Biotechnologies stock started trading on the Nasdaq stock exchange Nov. 5. The Read More →
Resonant might run out of operating cash after second quarter
Resonant, a late-stage development company based in Goleta that creates filter designs for radio frequency front-ends for the mobile device industry, said it might only have enough cash to support operations though the second quarter of 2016. The company announced the news when it released 2015 fiscal year results in a March 23 news release. Read More →
Cal Amp stock falls after earnings forecast lowered
Shares of Oxnard-based Cal Amp, which makes products for the wireless sector, fell March 22 after the company lowered its earnings forecast for its fiscal year fourth quarter, which ended Feb. 29. On March 21, Cal Amp lowered its revenue estimates for the quarter from an estimated range of $73 million to $78 million to Read More →