Alaska Airlines to begin service between San Luis Obispo and Seattle
Alaska Airlines announced a new service between San Luis Obispo and Seattle on June 29. The airline will operate two flights daily between the two cities, with one flight departing Seattle at 8 a.m. each day and one flight leaving San Luis Obispo at noon. The announcement makes Alaska the third regional airline to fly Read More →
Pennymac declares cash dividend of 47 cents per share
PennyMac Mortgage Investment Trust has declared a cash dividend of 47 cents per common share for the second quarter of 2016. This dividend will be paid on July 28 to common shareholders of record as of July 14, 2016. Based in Moorpark, PennyMac Mortgage Investment Trust is a mortgage real estate investment trust that invests Read More →
Salem Media Group launching news talk station in San Francisco
Salem Media Group is launching a news talk station in San Francisco over the July 4th weekend. The 50,000 watt KTRB-AM covers the entire San Francisco area as well as San Jose, Sacramento and Modesto. KTRB will become 860 AM The Answer, the 26th Answer-branded talk station in the Salem family. “We are thrilled and excited Read More →
CalAmp revenues up 39 percent compared to last year
CalAmp revenues soared during the first quarter of fiscal year 2017 but the company lost $2.7 million as the Oxnard-based wireless parts maker completed its acquisition of LoJack, CalAmp reported June 28. Revenues shot up 39 percent during the quarter from $65.4 million in 2016 to $91.1 million during the same period in fiscal 2017. Read More →
Dubroff: Brexit impacts will be felt in Tri-Counties
Brexit has become a crisis with a long tail and more than a twinge of buyers’ remorse. As Sung Won Sohn of CSU Channel Islands pointed out in comments to the Business Times, the narrow EU exit vote victory was a boost for populism in the U.S. and elsewhere. It could lead to the disintegration Read More →
Tri-county stocks fall after Britain votes to exit EU
Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →
Limoneira announces cash dividend of 5 cents per share
Limoneira has announced a quarterly cash dividend of 5 cents per common share payable on July 15 to stockholders of record on July 5. Limoneira is a 124-year-old agribusiness headquartered in Santa Paula. The company owns approximately 10,700 acres of agricultural land, real estate properties and water rights in California and Arizona. Limoneira is a Read More →
