Limoneira quadruples last year's Q3 earnings
Latest newsLimoneira Co.’s third-quarter earnings soared on higher sales of its agricultural products, including a 208 percent jump in its avocado revenues. The Santa Paula-based lemon and avocado grower saw its third-quarter earnings grow by 300 percent over the same quarter last year, to $4.8 million or 43 cents per share, the firm reported Sept. 13. Read More →
Los Osos gets stimulus loan
Latest newsThe project to install a sewer system in Los Osos got a boost on Sept. 3 with the announcement of $87 million in federal stimulus money. Officials from the U.S. Department of Agriculture came to the San Luis Obispo County Government Center to announce the grant, according to a USDA news release. The funding is Read More →
Harrington West files for bankruptcy
Latest newsSolvang-based Harrington West Financial Group, the former parent of failed Los Padres Bank, announced Sept. 10 that it has voluntarily filed for Chapter 11 bankruptcy. Harrington West, listing more than $26 million in liabilities, said it intends to file a liquidating plan within the next few months. With the loss of Los Padres Bank Read More →
Row 44 closes $37M funding round
Latest newsRow 44, a Westlake Village-based company that provides wireless Internet on commercial airlines, announced Sept. 8 that it had closed a $37 million round of private financing. The new Series B round brings Row 44’s venture capital total to more than $60 million since 2008. “This investment gives Row 44 the operating capital to continue Read More →
Financial crisis inquiry underway in Bakersfield
Latest newsThe federal Financial Crisis Inquiry Commission is meeting in Bakersfield for a Sept. 7 hearing that will focus on community banks and credit unions and the impact of the financial meltdown on California communities. A live feed of the hearing is available at www.fcic.gov. The FCIC’s vice chairman is Bill Thomas, a former congressman from Read More →
Region's companies make Inc. 5000
Latest newsA number of regional companies were included on the 2010 Inc. 5000, Inc. Magazine’s latest list of the fastest growing companies in the nation. Santa Barbara-based FastSpring was No. 41 on the list, and Xirrus in Thousand Oaks was No. 75. Carpinteria-based Lynda.com was No. 899 and Santa Barbara-based Jensen Audio Visual was No. 2845. Read More →
RiverPark units sell for $81.5M
Latest newsA 400-unit luxury apartment community in Oxnard’s RiverPark development has been purchased for $81.5 million by three L.A. area firms. Los Angeles-based Urban Partners LLC and Beverly Hills-based Capri Capital Partners and Kennedy Wilson purchased Serenade, a “resort-style community” within RiverPark, Oxnard’s proposed master-planned development. “Our focus has been on supply constrained, infill West Coast Read More →
