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Calavo gets $10M for FreshRealm food delivery platform

By   /  Thursday, May 1st, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo gets $10M for FreshRealm food delivery platform

Santa Paula-based Calavo Growers has received $10 million in funding and named a CEO for its FreshRealm food distribution platform, it said on Thursday. Michael Lippold, who is the former director of strategic development at Calavo, will lead the new venture, which is based in Ventura. FreshRealm, a new cloud-hosted technology platform that connects growers, Read More →

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Hyde Park Acquisition deal delay clouds Santa Maria Energy’s plans

By   /  Friday, April 25th, 2014  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Hyde Park Acquisition deal delay clouds Santa Maria Energy’s plans

Hyde Park’s investors spurned the Santa Maria Energy deal, at least for now. Sixty-seven percent voted to push the final vote on the merger back to April 30, signaling there were not enough votes to approve the deal outright.

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Ryland revenues soar on higher home sales

By   /  Thursday, April 24th, 2014  /  Earnings, Real Estate, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland revenues soar on higher home sales

A Ryland Group townhome development in Chanhassen, Minn. (Ryland Group media image)

First-quarter profits at homebuilder The Ryland Group climbed 6.4 percent to $23.5 million, or 42 cents per share, as it sold more houses and at higher prices.

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Industrial segments fuel record Q1 profits at Teledyne

By   /  Wednesday, April 23rd, 2014  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Industrial segments fuel record Q1 profits at Teledyne

Despite widespread defense cuts, industrial business drove record first-quarter sales and profits at Teledyne Technologies, prompting the Thousand Oaks-based industrial conglomerate to raise its full-year outlook.

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Amgen shares slide on lackluster Q1 profits

By   /  Tuesday, April 22nd, 2014  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen shares slide on lackluster Q1 profits

Shares of Amgen fell nearly 3 percent in late trading on Tuesday following a weaker-than-expected first quarter earnings report from the world’s biggest biotech company.

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Clean Diesel raises $6.9M in stock offering

By   /  Wednesday, April 9th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel raises $6.9M in stock offering

Clean Diesel Technologies has raised $6.9 million in a sale of common stock and warrants. The Ventura-based auto emissions technology firm said it sold about 2 million shares and warrants in a direct offering. The proceeds will be used for “general corporate purposes.”

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SMS Masterminds raises $12.2M, becomes public

By   /  Thursday, April 3rd, 2014  /  Central Coast, Technology, Top Stories, Tri-County Public Companies  /  2 Comments

San Luis Obispo-based SMS Masterminds has raised $12.2 million through its parent company and will soon bring a new public company headquarters to the Central Coast.

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