Corporate close-up: A look at the region’s highest-paid public company executives
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Underperforming stock price prompts Dole to put asset sales on menu
By staff and wire reports on May 18, 2012 A strategic review going on at Dole Food Co. could lead to a major overhaul and asset sales at the one of the biggest companies headquartered in the Westlake Village-Thousand Oaks corporate corridor. Amid disappointing results, Dole shares have struggled to get to double-digits, a thorn Read More →
ValueClick powers up video advertising platform
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NiMin reports $1.5M loss
NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →
First California rejects PacWest takeover bid
Westlake Village-based First California Financial Group has spurned an unsolicited takeover offer from Los Angeles-based PacWest Bancorp. First California, a $2 billion bank whose profits dropped drastically in the first quarter, is under pressure from three major shareholders to sell itself and has hired an investment banking firm to help evaluate its options. The company Read More →
CalAmp signs $25M contract
Oxnard-based wireless products maker CalAmp Corp. has signed a $25 million contract with Navman Wireless for fleet-tracking products. CalAmp said May 7 that under the five-year deal, it has purchased several products and technologies from Navman and set up a research and development center in New Zealand that is staffed by 14 employees brought over Read More →
