[wikichart align=”right” ticker=”NASDAQ:SALM” showannotations=”true” livequote=”true” startdate=”08-09-2011″ enddate=”08-03-2012″ width=”300″ height=”245″] Camarillo-based Salem Communications, a conservative and Christian radio broadcaster, increased profits 195 percent to $5.6 million in 2011, the company said March 8. Salem owns or operates 95 radio stations in the U.S., more than half of which are in the nation’s top 25 radio markets. Read More →
Chipmaker Semtech beat analysts expectations by two cents a share and set a profit record while continuing its streak of acquisitions on March 7. Semtech broke its year-end records with profits up 23 percent to $89 million on net sales of $480 million, a 5 percent increase that was also a new high for the Read More →
Avocado marketer Calavo Growers reported March 5 that first-quarter profits were up 16 percent to $2.7 million as revenues climbed almost a third to $117.4 million. The Santa Paula-based company said the first-quarter results set the stage for a potentially record-breaking year for the firm, which last year made a major acquisition of Renaissance Food Read More →
Dole Food Co. has bought Mrs. May’s Naturals, a family-run company that makes natural snacks such as fruit-and-nut bars and freeze-dried fruit. Terms of the deal were not disclosed, but Westlake Village-based Dole said Mrs. May’s had 2011 revenues of about $16 million. Mrs. Mays was founded in 2002 by brothers Augustine and Michael Kim, Read More →
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Teledyne Technologies said Feb. 27 that it has purchased a Canadian firm that makes electronics products for the oil and gas industry. Teledyne, a Thousand Oaks-based conglomerate of defense and industrial brands, has been rebalancing its portfolio away from defense companies and toward commercial and industrial products as the U.S. cuts defense spending as it Read More →
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” startdate=”23-08-2011″ enddate=”23-02-2012″ width=”390″ height=”245″] Goleta-based Deckers Outdoor Corp., parent of the Ugg Australia boot brand, increased its sales 38 percent to nearly $1.4 billion in 2011 and boosted net income 25 percent $201.8 million. In an earnings release on Feb. 23, Deckers said it notched a huge boost in international Read More →