HG Data raises $2M, looks to Asia
Santa Barbara-based business intelligence firm HG Data has raised $2 million in venture capital from EPIC Ventures. HG Data’s technology combs millions of web documents and offline sources to create comprehensive databases of business relationships. In 2012, for example, the company released a census of which worksites were operating thousands of specific kinds of software, Read More →
Smaller Dole reports Q4 loss
A much-smaller Dole Food Co. reported a fourth-quarter loss and lower profits in 2012. The Westlake Village-based produce giant sold its worldwide packaged foods and Asian fresh foods business to Itochu Corp. out of Japan for $1.7 billion in cash earlier this year. With its packaged-foods business sold, the new Dole has a much smaller Read More →
Limoneira lost $3.1M in Q1
Limoneira Co., a Santa Paula-based lemon grower and land developer, reported a wider first-quarter loss on March 12 despite higher revenue. Limoneira lost $3.1 million in the first quarter of 2013, compared to a $2.8 million loss a year earlier. The company pinned the wider loss on lower lemon prices and the seasonality of its Read More →
Tri-county companies ride health-foods boom
Producers of organic and natural foods in the Tri-Counties are seeing robust consumer demand despite higher production and retail costs for some of their products, a panel of speakers said at a breakfast meeting Wednesday. The event was hosted by the Association for Corporate Growth at the Westlake Village Inn. Scott Deardorff, fourth-generation owner and Read More →
Semtech sets sales record, shares soar
[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”06-09-2012″ enddate=”06-03-2013″ width=”300″ height=”245″] Camarillo-based Semtech beat analyst expectations for revenue and profits for its most current fiscal year and raised its sales prediction for the next quarter, sending shares up more than 11 percent in after-hours trading. Semtech said its full-year revenue came to $578.8 million, up 20.4 percent Read More →
Updated: Gallegly talks about new CLU public policy center
Retired Congressman Elton Gallegly, R-Simi Valley, will lead a $3 million fundraising campaign for the newly established Gallegly Center for Public Service and Civic Engagement at California Lutheran University. During a telephone chat with the Business Times, Gallegly said he hopes to forge close ties between the Thousand Oaks public policy center and the nearby Read More →