Mannkind stock soars over new label info for Afrezza
Westlake Village biotech company Mannkind received approval to update the prescribing information for its inhalable insulin product, Afrezza, making it easier to market to customers. The new label information clarifies starting and adjusting mealtime dosages, as well as initial and peak effects, and helps the company avoid confusing language, CEO Michael Castagna said in a Read More →
CalAmp reports revenue decline but net income up
Information technology company CalAmp reported on Sept. 28 a slight drop in revenue for its second quarter but a dramatic increase in net income, bringing in $12.2 million, or 34 cents per share. The company, which has operations in Oxnard, brought in $89.8 million during the quarter, down slightly from $90.5 million in the second Read More →
AeroVironment to supply electrical chargers for BMW, Mini
Car makers BMW and Mini selected AeroVironment to supply its electric vehicle chargers, the company announced Sept. 20. AeroVironment, based in Monrovia with operations in Simi Valley, began shipping its TurboCord charger to BMW in May. The 20-foot cord can plug into any 120-volt outlet or charge at 3.6 kilowatts when using a 240-volt outlet, Read More →
Santa Barbara IT provider Curvature names new CEO
Santa Barbara IT maintenance and network provider Curvature announced that it had named a new CEO, Peter Weber, following its merger with Charlotte, N.C.-based SMS Systems. Weber, formerly of Carpathia, which was acquired by Kansas-based QTS Data Centers in 2015, joined Curvature as executive chairman of its board of directors earlier this year. He also Read More →
CalAmp acquires minority stake in ThinxNet
CalAmp, an Irvine-based Internet of Things company with operations in Oxnard, announced a deal Sept. 19 to acquire a minority stake in Munich, Germany connected car company ThinxNet. The German startup uses technology to enable fuel payments by smartphone and create a network of gas stations. The two companies said they had been working together Read More →
Dole Food lays off another 400 berry workers
Westlake Village-based Dole Food continued to downsize its California berry operations with a layoff of more than 400 workers in Watsonville. The company submitted a notice to the California Employment Development Department at the end of August stating that the employees would be laid off effective Oct. 28. This comes after the announcement that 172 Read More →
Limoneira stock soared as hurricane hit Florida
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
