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By Staff Report / Monday, February 4th, 2013 / Banking & Finance, Latest news, Real Estate, Tri-County Public Companies / Comments Off on Limoneira to raise $40M in common stock offering
Limoneira Co., the Santa Paula-based agribusiness company with 8,200 acres of real estate and farm land, has announced plans to offer an additional 1.8 million shares of common stock. If successful, the sale would raise about $40 million for Limoneira and increase its total shares outstanding to about 13.25 million. Limoneira’s traded shares, or “float,” Read More →
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By Marlize van Romburgh / Friday, February 1st, 2013 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Deckers to double retail stores in race for revenue
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By Stephen Nellis / Friday, February 1st, 2013 / Banking & Finance, Earnings, Technology, Top Stories, Tri-County Public Companies / Comments Off on Teledyne tops $2B as commercial play pays off
The cloud and the ocean have helped push Teledyne Technologies past the $2 billion mark. The Thousand Oaks-based industrial and defense conglomerate said Jan. 24 that its 2012 sales hit a record-busting $2.1 billion, up more than 9 percent from $1.9 billion a year before. Net income also set a record at $161.8 million, compared Read More →
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By Stephen Nellis / Friday, January 25th, 2013 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Korean firm pays $170M to get toehold in U.S. with K-Swiss
After 47 years, the K-Swiss brand might be taking its first steps into the sunset. Westlake Village-based K-Swiss said Jan. 17 that it has agreed to a $170 million buyout by South Korean fashion and retail conglomerate E-Land World Limited. The sale comes after K-Swiss, the maker of the iconic white footwear that was the Read More →
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By Stephen Nellis / Friday, January 18th, 2013 / Agribusiness, Banking & Finance, Features, Technology, Tri-County Public Companies / Comments Off on Ceres develops drought-resistant gene
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By Staff Report / Thursday, January 17th, 2013 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on K-Swiss agrees to $170M buyout by Korean firm
Shares of Westlake Village-based footwear firm K-Swiss soared 48 percent on the morning of Jan. 17 after the company agreed to a $170 million buyout. E.Land World Ltd. of South Korea offered to pay $4.75 per share for K-Swiss, which has struggled with huge losses in recent years as sales of its iconic white tennis Read More →
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By Staff Report / Monday, January 14th, 2013 / Banking & Finance, Earnings, Latest news, Tri-County Public Companies / Comments Off on Limoneira predicts sales gains after profits dip
Santa Paula-based Limoneira Co. said fourth-quarter revenue jumped sharply but that it experienced a decline in profit because of expenses for Sheldon Ranch, a new 1,000-acre lemon and citrus leasehold that is expected to be profitable in 2013. The company said it expects strong results from those lemon and citrus in 2013, when it also Read More →