Fess Parker hotel in Santa Barbara upping its game
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New job formation slowing down in California
A long anticipated slowdown in new job formation occurred this year, California Economic Forecast Director Mark Schniepp said at the 2018 Los Angeles County and Ventura County Economic Outlook on Sept. 7 in Westlake Village. Schniepp attributes the slowdown mainly to an unemployment rate of less than 5 percent. He said a fully employed economy Read More →
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 →
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 →
Community Memorial Health System in Ventura suffers data security breach
The Community Memorial Health System in Ventura has sent out a notice regarding a data security breach involving patient information. A CMHS employee’s email account was compromised by a phishing email and on June 23 the employee saw irregularities in their account and notified the CMHA administration. This prompted an investigation into whether or not Read More →
Oxnard Vineyards shopping center sold for $24.5 million
The Oxnard Vineyards shopping center has been sold by Loja Real Estate Group to a private investor for $24.5 million in cash, according to a news release from the CBRE Group. The 102,139-square-foot property on E. Vineyard Avenue occupies 11.5 acres and there are 1,200 new residential units within a three-block radius. Artin Sepanian of Read More →
Ventura Auto Center keeps growing with new dealerships
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