Oxnard firm lands $93M defense contract
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.
Bringing light to the world
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.
Dealing a new card at First California
First California Financial Group’s foray into the prepaid debit card market is a potentially lucrative moneymaker for the banking firm, but also a step into a riskier, increasingly regulated business.
Postal cutbacks signal crunch in public sector
Between the rise of e-mail and the Great Recession, the U.S. Postal Service hasn’t had an easy decade. Mail volume is down 20 percent since 2006 and the agency has even discussed eliminating Saturday delivery.
Unloading a recovery: Port of Hueneme expects more gains in ship traffic
The port was hit hard by the recession but has notched some gains in recent months. In November, automobile imports were up 43 percent year-over-year, to 19,753 revenue tons, the measure the port uses for tracking activity.
Teledyne regroups in face of defense cuts
Thousand Oaks-based Teledyne Technologies, a $1.6 billion military-industrial conglomerate, is rearranging itself to bolster its commercial camera sensor lines and shift toward the defense spending that’s farthest from the chopping block.
Cal Oaks merger closes
Encino-based California United Bank completed its $17.2 million acquisition of Thousand Oaks-based California Oaks State Bank on Dec. 31. Cal Oaks shareholders will receive compensation of $11.35 per share, half in cash and half in shares of California United common stock, the banks announced Jan. 3.
