Dole earnings beat outlook
Fruit producer Dole Food Co. reported an adjusted loss of $2 million, or 2 cents per share, from continuing operations, beating the 12-cent loss predicted by analysts on average. The recent loss compares to a $31 million, or 35 cent per-share, loss a year earlier. CEO David DeLorenzo said strong sales and a cost-reduction program Read More →
Powers: Ventura County keeping close watch on portfolio
Ventura County will closely monitor returns on its investment portfolio to make sure an 8 percent gain is reasonable, county CEO Mike Powers said in a March 15 talk. Speaking in Ventura at the quarterly California Lutheran University Corporate Leaders Breakfast, Powers said that while 8 percent has been a historically accurate return, constant monitoring Read More →
MB&T starts 37th year on high note
Ten nonprofits from across th region received grants on March 14 as Montecito Bank & Trust prepared to celebrate its 37th anniversary and it 20th year of adding a philanthropic twist to the festivities. The bank’s employees selected the 10 organizations, which included All for Animals, Alzheimer’s Association, American Heart Association, Council on Alcoholism and Read More →
Limoneira Q1 revenue up 73 percent
Despite a 73 percent jump in revenue, Santa Paula-based agribusiness Limoneira Company posted a $2.9 million loss during the first quarter of the year, it said March 12. For the quarter ended Jan. 31, revenue was $10.2 million, up from $5.9 million during the same period of the previous year, according to a news release. Read More →
Sheared by sheepskin: Ugg parent’s stock takes hit on rising prices
If you’re a Deckers investor concerned about the 17 percent decline in the company’s share price in recent weeks, consider eating mutton for dinner more often.
