Ceres decreases second quarter losses
Agribusiness, Latest news, TechnologyCeres Inc. narrowed its losses but revenues were still low during the second quarter. The Thousand Oaks-based ag-biotech company said net losses decreased from $8.01 million in the second quarter of 2015 to $1 million in the second quarter of 2016, the company reported April 14. Losses also fell from $1.34 per share last year Read More →
Teledyne acquires Quantum Data
Latest news, TechnologyTeledyne made its third acquisition in five days when it acquired Elgin, Ill.-based Quantum Data April 13. The Thousand Oaks industrial conglomerate said subsidiary Teledyne LeCroy acquired Quantum Data to build on wireless technology gained from an April 7 acquisition of Charlottesville, Va.-based Frontline Test Equipment. Teledyne is involved in digital imaging, instrumentation, engineered systems Read More →
Limoneira opening South Africa branch
Agribusiness, Latest newsSanta Paula-based Limoneira announced April 10 that it is launching Limoneira South Africa, a new branch of its One World of Citrus model, and partnering with Re:inc to manage packing and sales. Limoneira South Africa, based in Paarl, South Africa, will ship area produce globally and “pursue joint venture farming and packing operations,” Alex Teague, Read More →
900 attend tribute for outgoing CSUCI President Rush
Higher Education, Latest newsMore than 900 community and business leaders trekked to the Reagan Library & Presidential Museum in Simi Valley on April 9 for a tribute dinner for outgoing CSU Channel Islands President Richard Rush. Emcee Jeff Gorell, a former legislator and now deputy mayor of Los Angeles for public safety, heralded Rush for his vision and Read More →
Ventura Oil Field’s 100th anniversary celebrated
Energy, Latest newsAbout 150 people turned out on April 9 to celebrate the 100th anniversary of the Ventura Oil Field. Hosted by operator Aera Energy, the event featured cupcakes decorated with the company’s logo. “It’s unusual for an oil field to celebrate a century of operations,” said Christina Sistrunk, Aera president and CEO. With production of 14,000 Read More →
Gannett buys Ventura County Star
Latest newsVirginia-based Gannett Co. has become the owner of the Ventura County Star, the largest daily newspaper in the balkanized Tri-County media market. Gannett took on the Star on April 8, when it acquired the 15 daily newspapers of the Journal Media Group. The deal closed one day after the Department of Justice gave the green Read More →
CSU, faculty union reach tentative contract deal to avoid strike
Higher Education, Latest newsCalifornia State University Chancellor Timothy P. White and California Faculty Association President Jennifer Eagan will hold a joint news conference at 10 a.m. April 8 to announce a tentative contract agreement between the university administration and faculty union. A proposed five-day faculty strike, slated to begin on April 13, will be postponed pending approval and Read More →
