Calavo Growers beats per share estimates but misses on revenue
Calavo Growers beat per share analyst expectations but missed revenue estimates when the company reported fiscal year 2016 first quarter earnings March 8. The Santa Paula-based avocado grower reported earnings per share of 37 cents, 2 cents better than estimates compiled by financial information provider S&P Capital IQ. Revenues increased 5 percent from $194.8 million Read More →
It’s official: CKE moving headquarters from Carpinteria to Nashville
CKE Restaurants, the parent company of Hardees and Carl’s Jr., is moving its Carpinteria headquarters to Nashville, Tennessee, the company announced March 7. The Business Times broke the news in its print edition March 4 that CKE was looking to consolidate the Carpinteria office and Hardee’s St. Louis office into one office in Nashville. A Read More →
Survey: Central Coast businesses optimistic
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Amgen to pay dividend of $1 per share
Thousand Oaks-based biotech giant Amgen announced it will pay a second quarter dividend of $1 per share. Amgen increased its first quarter dividend to $1 per share from 79 cents on Dec. 15, which Amgen paid to shareholders during each quarter last year. Amgen will pay the dividend on June 8 to shareholders who own Read More →
Semtech beats analysts’ revenue estimates
Semtech beat analyst estimates but revenues sank again as weak mobile phone demand hampered the Camarillo-based semi conductor manufacturer. The company reported fourth quarter and year end results March 2 for the 2016 fiscal year. Fourth quarter revenues fell 9 percent from $130.4 million in 2015 to $118.6 million in 2016. According to Yahoo Finance, Read More →
CKE may be leaving Carpinteria
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Apps drive home the point that safe motoring matters
A Cal Poly Technology Park company is helping drivers drive better by giving them feedback. Several apps developed by Mentor eData track how well users drive and give them scores at the end of their trips. Stephen Lakowske founded the company in 2009 when his two teenage daughters approached driving age. “I thought ‘holy smokes, Read More →
