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Tri-county stocks fall after Britain votes to exit EU

By   /  Friday, June 24th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Tri-county stocks fall after Britain votes to exit EU

Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →

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Limoneira announces cash dividend of 5 cents per share

By   /  Friday, June 24th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Limoneira announces cash dividend of 5 cents per share

Limoneira has announced a quarterly cash dividend of 5 cents per common share payable on July 15 to stockholders of record on July 5. Limoneira is a 124-year-old agribusiness headquartered in Santa Paula. The company owns approximately 10,700 acres of agricultural land, real estate properties and water rights in California and Arizona. Limoneira is a Read More →

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Land O’Lakes buying Thousand Oaks-based Ceres for $17.2 million

By   /  Friday, June 17th, 2016  /  East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Land O’Lakes buying Thousand Oaks-based Ceres for $17.2 million

Land O’Lakes is buying Thousand Oaks-based Ceres for $17.2 million, the companies announced June 17. Under the terms of the agreement, Minneapolis-based Land O’Lakes will buy all outstanding shares of Ceres common stock for 40 cents per share, in cash. The price per share of common stock represents an 81 percent premium to the closing Read More →

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$130 million investment one of region’s biggest deals

By   /  Friday, June 17th, 2016  /  left, Technology, Tri-County Public Companies  /  Comments Off on $130 million investment one of region’s biggest deals

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Santa Barbara’s QAD announces dividend

By   /  Thursday, June 16th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Santa Barbara’s QAD announces dividend

Santa Barbara cloud software manufacturer QAD announced a dividend of .072 cents per share of Class A common stock June 15. The company also said it would pay .06 cents per share of Class B common stock. Both dividends will be paid to investors who are shareholders on July 7. QAD announced the dividend after Read More →

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SEC warns firms about using non-GAAP numbers

By   /  Friday, June 10th, 2016  /  Earnings, Latest news  /  Comments Off on SEC warns firms about using non-GAAP numbers

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Limoneira misses second quarter estimates but analysts reconfirm strong outlook for year

By   /  Thursday, June 9th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira misses second quarter estimates but analysts reconfirm strong outlook for year

Santa Paula-based Limoneira reported drops in revenue and operating income for the second quarter of 2016 in an earnings report June 9. But analysts reconfirmed strong fiscal year 2016 and 2017 outlooks despite the quarter’s performance, due to favorable lemon pricing and expectations for the company’s real estate development segment. Limoneira’s recently expanded packing facility Read More →

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