Limoneira could triple lemon output at packinghouse
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MannKind hires financial adviser after boosting cash on hand
MannKind, a Southern California biotechnology company heading to Westlake Village, hired Greenhill & Co. as a financial and strategic adviser June 28, after requesting the last of its line of credit through a loan from the Mann Group. The company will draw on the remaining $30.1 million of funding, using $10.6 million to capitalize unpaid Read More →
Limoneira announces cash dividend
Agribusiness and real estate company Limoneira, based in Santa Paula, announced a quarterly cash dividend for its shareholders June 27. On July 18, the company will pay 5.5 cents per common share to stockholders of record as of July 10. • Contact Marissa Nall at mnall@pacbiztimes.com.
CalAmp reports decline in revenues
Internet of Things provider CalAmp, which has operations in Oxnard, announced a decline in revenues for its fiscal year 2018 first quarter, ended May 31, and net losses flat to the previous first quarter at $2.7 million. Revenues fell 3 percent to $88.1 million, primarily as a factor of the closing of the company’s satellite Read More →
Activist investor demands sale or merger of Deckers Brands
Story updated at 2:20 p.m.: A second activist investor penned an open letter to Deckers Brands on June 27, demanding the sale of the company or changes to the board of directors as a result of declining share values. Marcato stated in the letter that it owns 6 percent of the Goleta footwear company’s outstanding Read More →
PennyMac Mortgage Investment Trust announces cash dividend
Westlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.
MannKind moving to former Kythera space in Westlake Village
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