Teledyne shares dip despite jump in Q4 profits
Shares of defense and industrial conglomerate Teledyne Technologies sank 1.6 percent in midday trading on Thursday despite higher sales and profits from the Thousand Oaks-based firm.
Precision agriculture is a timely idea, but profits may not grow fast
Farmers are a skeptical lot. And Ventura County farmers have good reasons to be skeptical. They, and their counterparts in the Tri-Counties, grow high-risk, high-yield crops on relatively small plots of land surrounded by housing developments and urban areas. They are subject to heavy regulations on fertilizer, pesticide and water use. Particularly on strawberry fields Read More →
Teledyne breaks speed record with testing gear
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UCSB scientist joins push for research funds
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Teledyne profits, sales up
Thousand Oaks-based Teledyne Technologies, a defense and industrial conglomerate, reported second-quarter profits of $39.5 million, or $1.06 a share, on July 26, compared with $38.7 million, or $1.04, last year. The company also said it took in $518.5 million in sales compared with $502.9 million for the second quarter of 2011. Sales increased 3.1 percent Read More →
Teledyne’s profits rise in Q1
Thousand Oaks-based Teledyne Technologies beat Wall Street’s expectations on April 25 when it reported first-quarter profits of $35.7 million on $494 million in sales. The profits work out to 96 cents a share, well above the 91-cent average estimate of six analysts, according to data from Thomson Reuters. Sales were 5.5 percent above the same Read More →
