Limoneira earnings, lemon sales on the rise
Limoneira Co. reported third-quarter profits of $5.1 million, a jump from the $1.5 million the company earned during the second quarter as lemon sales surged. The Santa Paula-based lemon grower’s third-quarter earnings are equal to 45 cents per share, up from 41 cents per share for the third quarter of last year. Earnings per share Read More →
Schniepp: Ventura County lags state’s recovery
Ventura County’s economic recovery is lagging behind that of the rest of the Golden State. That was the view from Mark Schniepp, director of the Santa Barbara-based California Economic Forecast in a Sept. 6 outlook for Ventura County. Ventura County has seen negative net migration in its population figures for seven out of the last Read More →
Clipper sued for $60M amid layoffs
Carpinteria-based Clipper Windpower faces a $60 million lawsuit from a wind farm developer shortly after it laid off 174 people. First Wind Energy, a Boston-based wind farm developer with projects in New York, Hawaii and several other states, filed suit on Sept. 4 in Santa Barbara County Superior Court. Most of the complaint is sealed. Read More →
KEYT sold to Missouri media firm
KEYT-TV, the ABC-affiliated television station serving Santa Barbara and San Luis Obispo counties, has been sold to Missouri-based News-Press & Gazette Co., or NPG. Terms of the deal were not disclosed. “We have greatly valued the opportunity to serve the communities of California’s Central Coast,” KEYT’s general manager, Michael Granados, said in a statement. “Fortunately, Read More →
Calavo Q3 profits up 109%
[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”05-03-2012″ enddate=”05-09-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers reported Sept. 5 that its third-quarter profits have more than doubled since the same period last year, largely thanks to high avocado volume and good results from its packaged food segment. The avocado marketer and distributor said its earnings for the third Read More →
Thousand Oaks apartments sell for $51.4M
A 191-unit apartment complex in Thousand Oaks has been sold to a Los Angeles investment firm for $51.4 million, an almost 20 percent premium over the property’s last sale price in 2007. IMT Capital purchased the Archstone Thousand Oaks Crest complex at 491 W. Gainsborough Road. The property drew more than 90 interested buyers and Read More →
