Semtech announces $300M in debt placement to help finance Sierra acquisition

The Camarillo-based semiconductor manufacturer Semtech will raise up to $300 million in a private debt placement to help pay for its pending acquisition of Sierra Wireless. The company announced a $250 million in convertible senior notes on Oct. 6 and upped the total to $300 million the next day. The notes will pay 1.625% interest Read More →

Portfolio Watch: Fiscal prudence is hot again; demand for homes slowing

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Portfolio Watch: Hot August for inflation; End of the pandemic real estate boom?

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Portfolio Watch: Bank of the West sees more rate hikes on the horizon

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Teledyne wins $596M space station contract

Thousand Oaks-based Teledyne won a NASA contract worth as much as $596 million, the company announced Sept. 8. In a news release, Teledyne, a technology and defense conglomerate, said its subsidiary, Teledyne Brown Engineering, was awarded the Marshall Operations, Systems, Services and Integration II (MOSSI II) contract for the International Space Station. It has a Read More →