Mission Produce drops 10% after missing earnings estimates
By Jorge Mercado / Tuesday, September 14th, 2021 / Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Mission Produce drops 10% after missing earnings estimates

Shares of Mission Produce fell nearly 10% on Sept. 14, the day after the Oxnard-based avocado distributor and grower shared a flat third quarter 2021 financial report that fell below analysts’ expectations. For the quarter ended June 30, Mission Produce generated $247 million in revenue, a 4% increase from the same period a year ago. Read More →

UCSB economist: ‘Bad news and good news’ with plentiful jobs but high unemployment
By pacbiztimes / Friday, September 10th, 2021 / Central Coast, Latest news, South Coast, Subscriber content, Top Stories, Tri-County Economy / Comments Off on UCSB economist: ‘Bad news and good news’ with plentiful jobs but high unemployment

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State thinks solar-cell windows are the Next big thing
By Jorge Mercado / Friday, September 10th, 2021 / Energy, Green Coast, Latest news, Small Business, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on State thinks solar-cell windows are the Next big thing

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Changing of the guard at CenCal as longtime CEO set to retire
By pacbiztimes / Friday, September 10th, 2021 / Central Coast, Health Care & Life Science, Latest news, right, South Coast, Subscriber content, Top Stories, Tri-County Economy / Comments Off on Changing of the guard at CenCal as longtime CEO set to retire

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Paso Robles pursues spaceport designation for its airport
By Jorge Mercado / Friday, September 10th, 2021 / Central Coast, Government, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on Paso Robles pursues spaceport designation for its airport

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Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015
By Jorge Mercado / Thursday, September 9th, 2021 / Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

Shares of Calavo Growers slipped more than 17% on Sept. 9, one day after the Santa Paula-based avocado distributor released third quarter earnings that were held back by inflation and said its CEO, James Gibson, is retiring from the post immediately. Calavo closed at $39.20 on Sept. 9, down from $47.26 the day before. The Read More →
Energy Vault to go public in SPAC deal
By Jorge Mercado / Thursday, September 9th, 2021 / Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Energy Vault to go public in SPAC deal

Westlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →