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Salem makes $8.5M buy in bid to build conservative media empire

By   /  Monday, January 13th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Salem makes $8.5M buy in bid to build conservative media empire

Camarillo-based Christian and conservative media company Salem Communications Corp. said Jan. 13 that it has purchased the assets of Eagle Publishing for $8.5 million in a bid to build “a conservative media powerhouse.”

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Limoneira shares sour on Q4 loss

By   /  Monday, January 13th, 2014  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira shares sour on Q4 loss

Shares of Santa Paula-based Limoneira Co. plunged 8.1 percent in mid-afternoon trading on Monday after the company reported a fourth-quarter loss of $1.1 million, compared to a $141,000 profit a year earlier. The loss was primarily the result of lower avocado volume and revenue, the firm said.

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$114M slated to fuel Santa Maria Energy operations

By   /  Friday, January 10th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $114M slated to fuel Santa Maria Energy operations

Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.

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Calavo shares jump on higher avocado sales

By   /  Tuesday, January 7th, 2014  /  Agribusiness, Banking & Finance, Earnings, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares jump on higher avocado sales

Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.

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Deckers shares soar as analyst says frigid weather will drive Ugg sales

By   /  Monday, January 6th, 2014  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers shares soar as analyst says frigid weather will drive Ugg sales

Shares of Deckers Outdoor Corp. jumped 2.6 percent to close at $87.99 on Jan. 6 after one analyst said he expects chillier winter weather to boost sales of the company’s signature Ugg boots.

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Raytheon wins $70M radar jammer contract

By   /  Friday, January 3rd, 2014  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Raytheon wins $70M radar jammer contract

Raytheon said Dec. 30 that it won a $70 million contract to produce radar jammers at one of its Goleta facilities to support foreign military sales to Morocco, Egypt and Iraq.

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CalAmp shares slide as Q4 outlook misses

By   /  Friday, December 27th, 2013  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp shares slide as Q4 outlook misses

Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.