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Montecito Bank & Trust
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Dole Food lays off another 400 berry workers

By   /  Tuesday, September 19th, 2017  /  Agriculture, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on 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 →

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Limoneira stock soared as hurricane hit Florida

By   /  Friday, September 15th, 2017  /  Agriculture, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira stock soared as hurricane hit Florida

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Activist investor nominates 10 candidates for Deckers board

By   /  Thursday, September 14th, 2017  /  Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Activist investor nominates 10 candidates for Deckers board

Activist investor Marcato Capital Management nominated 10 candidates for the board of directors for Goleta-based Deckers Brands. The shoe company confirmed that it had received the nominations in a news release issued Sept. 13. Earlier in the month, Deckers set a Sept. 15 deadline for nominations and pushed back its annual stockholders meeting, usually held Read More →

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Latest

Limoneira reports revenues up but net income down

By   /  Monday, September 11th, 2017  /  Agriculture, Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira reports revenues up but net income down

Santa Paula citrus producer and real estate investment company Limoneira reported on Sept. 11 a slight increase in revenues for its third quarter, ended July 31, but a drop in net income to $7.7 million, or 52 cents per share. Avocado production fell by nearly half, since the crop bears in alternate years, but declines Read More →

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Revenues up at Calavo Growers but net income down

By   /  Thursday, September 7th, 2017  /  Agriculture, Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Revenues up at Calavo Growers but net income down

Calavo Growers reported a 15 percent increase in its third quarter revenues but net income fell to $8.8 million, or 50 cents per share, down from $12.7 million and 73 cents per share for the previous third quarter. The Santa Paula company’s Renaissance Food Group saw a 24 percent increase in revenue, but cost of Read More →

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Deckers Brands delays meeting, deadline for director nominations

By   /  Tuesday, September 5th, 2017  /  Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers Brands delays meeting, deadline for director nominations

Deckers Brands, the Goleta maker of Ugg boots, set a Sept. 15 deadline for the nomination of new directors after coming under fire from activist investors who demanded the sale of the company. Filings with the Securities and Exchange Commission on Sept. 5 also pushed the annual meeting back until December. The company told the Read More →

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Paso Robles-based IQMS reports record revenue growth

By   /  Friday, September 1st, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Paso Robles-based IQMS reports record revenue growth

Paso Robles-based manufacturing software company IQMS reported that it had seen record revenue growth for the first half of 2017 and expects to end the year up 25 percent compared to 2016. The company said it had received million-dollar deals throughout the first two quarters, with deal sizes increasing overall, and that it was reinvesting Read More →

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