Teledyne reports earnings dip
Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesDespite a dip in earnings and sales compared to last year, Teledyne Technologies beat analysts’ expectations with net income of $93.9 million in the third quarter, the company announced Oct. 21. Analysts estimated that Teledyne’s diluted earnings per share would be $2.36 in the third quarter, according to estimates compiled by the Wall Street Journal. Read More →
Port of Hueneme reports strong comeback from pandemic shutdowns
Latest news, Tri-County Economy, West Ventura CountyBusiness at the Port of Hueneme has exceeded its management’s expectations during the COVID-19 pandemic, port officials said Oct.15 at the Oxnard Chamber of Commerce’s annual “State of the Port” address. When the shutdown started in March, all 10 of the automobiles manufacturers that use the port stopped production of cars. The auto-cargo industry accounts Read More →
Figueroa Mountain Brewing files Chapter 11 bankruptcy
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Figueroa Mountain Brewing announces Chapter 11 bankruptcy filing
Central Coast, Latest news, Law & Goverment, South Coast, Tri-County EconomyBuellton-based craft brewer Figueroa Mountain Brewing Co. filed for Chapter 11 bankruptcy reorganization on Oct. 5, as the region’s second largest craft brewer announced plans to restructure its debts and bring in a new financial partner. “While it is a difficult decision to go down this path, we believe this will be the best direction Read More →