Calavo ends fiscal year strong, maintains focus on ‘core avocado business’
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Sonos CEO steps down following app debacle
Consequences of Sonos’ decision to overhaul and release a new version of its app — one that was riddled with bugs and missing key features — came to fruition on Jan. 13 after the company announced it would be looking for a new CEO to start the new year. Sonos, a maker of speakers, headphones Read More →
Will the region’s top stocks keep dominating in 2025?
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Salem Media clears debt, adds new strategic investor
Camarillo-based Salem Media Group is looking to strengthen its balance sheet and aim its sights on the future after the company made a series of moves to end 2024. Announced Dec. 30, Salem Media, which specializes in Christian and conservative content, repaid all of its long-term debt which was at $159.4 million. The company accomplished this at Read More →
Strong avocado sales drive revenue growth for ag companies
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Inogen’s newest respiratory device gains FDA clearance
Goleta-based Inogen, a medical technology specializing in the manufacturing of portable oxygen containers, announced Dec. 30 that it had received U.S. Food and Drug Administration clearance for the Simeox 200 Airway Clearance Device. The clearance helps expand the company’s ability to market and meet the various needs of patients with chronic respiratory diseases in the Read More →
Teledyne completes $58M takeover of Micropac
Thousand Oaks-based Teledyne Technologies completed its acquisition of Micropac Industries on Dec. 30. The all-cash transaction valued Micropac at approximately $57.3 million, taking into account Micropac’s net debt as of Aug. 24. Under the merger agreement’s terms, Micropac stockholders received $20 per share in cash. “We are delighted to welcome Micropac and its employees to Read More →
