January 11, 2025
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Montecito Bank & Trust
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Teledyne wins $596M space station contract

By   /  Thursday, September 8th, 2022  /  Banking & Finance, Latest news, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on Teledyne wins $596M space station contract

Thousand Oaks-based Teledyne won a NASA contract worth as much as $596 million, the company announced Sept. 8. In a news release, Teledyne, a technology and defense conglomerate, said its subsidiary, Teledyne Brown Engineering, was awarded the Marshall Operations, Systems, Services and Integration II (MOSSI II) contract for the International Space Station. It has a Read More →

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AeroVironment shares soar 15% after earnings report

By   /  Thursday, September 8th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Technology, Tri-County Public Companies, Ventura County  /  Comments Off on AeroVironment shares soar 15% after earnings report

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Revenue and losses both up at Cure Pharmaceutical

By   /  Tuesday, September 6th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on Revenue and losses both up at Cure Pharmaceutical

Oxnard-based Cure Pharmaceutical, a drug delivery platform and CBD products company, reported more losses but rising revenue in its second quarter earnings. Cure suffered a net loss of $9.6 million in the second quarter of 2022, up substantially from a net loss of $1.3 million in the same quarter a year ago. That equates to Read More →

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Calavo shares dip after earnings report

By   /  Friday, September 2nd, 2022  /  Agribusiness, Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Calavo shares dip after earnings report

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Ventura County’s Kolibri Energy strikes formula for growth in Oklahoma oil fields

By   /  Friday, September 2nd, 2022  /  Banking & Finance, Energy, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Ventura County’s Kolibri Energy strikes formula for growth in Oklahoma oil fields

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Portfolio Watch: Recessions and re-globalization

By   /  Friday, September 2nd, 2022  /  Banking & Finance, Columns, Latest news, Personal Finance, Subscriber content  /  Comments Off on Portfolio Watch: Recessions and re-globalization

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Semtech shares hit two-year low after company lowers Q3 guidance

By   /  Thursday, September 1st, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Semtech shares hit two-year low after company lowers Q3 guidance

Camarillo-based Semtech produced record revenue and earnings in the second quarter of 2022, but its shares plummeted 27% the day after its earnings release after the company’s guidances for the third quarter were well below analysts’ expectations. Semtech, a semiconductor company specializing in Internet of Things applications, saw its net income increase in the second Read More →