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By Staff Report / Monday, January 6th, 2014 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Deckers shares soar as analyst says frigid weather will drive Ugg sales
Shares of Deckers Outdoor Corp. jumped 2.6 percent to close at $87.99 on Jan. 6 after one analyst said he expects chillier winter weather to boost sales of the company’s signature Ugg boots.
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By Staff Report / Friday, January 3rd, 2014 / Technology, Top Stories, Tri-County Public Companies / Comments Off on Raytheon wins $70M radar jammer contract
Raytheon said Dec. 30 that it won a $70 million contract to produce radar jammers at one of its Goleta facilities to support foreign military sales to Morocco, Egypt and Iraq.
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By Staff Report / Friday, December 27th, 2013 / Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies / Comments Off on CalAmp shares slide as Q4 outlook misses
Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.
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By Stephen Nellis / Friday, December 20th, 2013 / Technology, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
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By Staff Report / Thursday, December 19th, 2013 / Earnings, Technology, Tri-County Public Companies / Comments Off on Semtech shares sink on lower earnings outlook
Shares of Camarillo-based Semtech Corp. plunged 11.2 percent on Dec. 19 after the company downgraded its revenue and profit outlook for the fourth quarter.
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By Staff Report / Tuesday, December 10th, 2013 / Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Salem buys Twitchy.com from Michelle Malkin
Salem Communications said Dec. 10 that it has purchased startup Twitter curation website Twitchy.com from conservative political columnist Michelle Malkin for an undisclosed sum. Camarillo-based Salem runs dozens of Christian and conservative radio stations and websites including HotAir.com. It also publishes magazines and books under those themes.