Limoneira operating income jumps 35% on higher lemon prices
Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →
Amgen hires former 3M exec as CFO
Amgen has hired David Meline, formerly with industrial conglomerate 3M Co., as its new chief financial officer. At 3M, Meline was responsible for the finances of a Minnesota-based company with more than $30 billion in worldwide revenues. Amgen, the world’s largest biotechnology firm, had profits of $5 billion in 2013, a 17 percent increase from Read More →
In shape for an IPO: Mindbody launches wellness program
After years of development, San Luis Obispo-based Mindbody is rolling out a major corporate wellness platform as it marches toward an initial public offering.
Get a move on: StartupWeekend winner taps sharing economy for moving
Moving is never fun, but a Santa Barbara startup is hoping to make it a little less stressful by connecting people who need to move with nearby truck owners looking to earn extra money. NextMover bills its service, which launched earlier this year, as “your friend with a truck.”
California M&A surge could reach Tri-Counties’ corporate world
There are signs that the takeover wave that’s engulfed many sectors, notably pharmaceuticals and high-tech, may soon wash up on the beaches of the Tri-Counties.
Tri-county energy firms: our Monterey shale will pay off
Federal officials have slashed their estimate for how much oil is held in California’s Monterey shale by 96 percent, but energy companies working in the Tri-Counties say they have no plans to abandon their efforts in the long-producing formation or its rising competitor, the diatomite.
