Aera, Ventura County’s leading oil producer, sold to German firm
By Staff Report / Wednesday, September 7th, 2022 / Energy, Latest news, Regions, Top Stories, Ventura County / Comments Off on Aera, Ventura County’s leading oil producer, sold to German firm
Aera Energy, one of the biggest oil and gas producers in the tri-county region, will be sold by its owners, ExxonMobil and Shell, to a privately held German company, IKAV. The companies announced the deal Sept. 1. Shell owns about 52% of Aera, and Exxon owns about 48%. IKAV will pay about $4 billion in Read More →
Revenue and losses both up at Cure Pharmaceutical
By Jorge Mercado / Tuesday, September 6th, 2022 / Banking & Finance, Earnings, Latest news, Regions, Tri-County Public Companies, Ventura County / Comments Off on Revenue and losses both up at Cure Pharmaceutical
Oxnard-based Cure Pharmaceutical, a drug delivery platform and CBD products company, reported more losses but rising revenue in its second quarter earnings. Cure suffered a net loss of $9.6 million in the second quarter of 2022, up substantially from a net loss of $1.3 million in the same quarter a year ago. That equates to Read More →
Calavo shares dip after earnings report
By Jorge Mercado / Friday, September 2nd, 2022 / Agribusiness, Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County / Comments Off on Calavo shares dip after earnings report
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Ventura County’s Kolibri Energy strikes formula for growth in Oklahoma oil fields
By Jorge Mercado / Friday, September 2nd, 2022 / Banking & Finance, Energy, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County / Comments Off on Ventura County’s Kolibri Energy strikes formula for growth in Oklahoma oil fields
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
As working from home becomes new norm, companies look to sublease surplus space
By pacbiztimes / Friday, September 2nd, 2022 / Latest news, Real Estate, Regions, San Luis Obispo County, Santa Barbara County, Subscriber content, Top Stories, Top Story, Ventura County / Comments Off on As working from home becomes new norm, companies look to sublease surplus space
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Sonos leads the way in patents among region’s companies
By Jorge Mercado / Friday, September 2nd, 2022 / Latest news, Regions, San Luis Obispo County, Santa Barbara County, Subscriber content, Technology, Top Stories, Ventura County / Comments Off on Sonos leads the way in patents among region’s companies
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Semtech shares hit two-year low after company lowers Q3 guidance
By Jorge Mercado / Thursday, September 1st, 2022 / Banking & Finance, Earnings, Latest news, Regions, Technology, Top Stories, Tri-County Public Companies, Ventura County / Comments Off on Semtech shares hit two-year low after company lowers Q3 guidance
Camarillo-based Semtech produced record revenue and earnings in the second quarter of 2022, but its shares plummeted 27% the day after its earnings release after the company’s guidances for the third quarter were well below analysts’ expectations. Semtech, a semiconductor company specializing in Internet of Things applications, saw its net income increase in the second Read More →