AeroVironment shares dip in after-hours trading after company reports loss for 2021-22
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Region’s stocks slip amid market-wide slide
After years of charging forward, U.S. stocks have gone into hibernation, at least according to the common definition of a bear market: a market-wide decline of 20% or more from a recent peak. Most major indices are down at least that much from their highs earlier this year, with the biggest losses coming June 13. Read More →
Freska CEO Loza steps down from Limoneira board
Jesus “Chuy” Loza has resigned from the board of Limoneira to focus on leading the company he co-founded, Freska Produce, Limoneira announced June 14. Loza grew up in company housing at Santa Paula-based Limoneira and started his career with the company while he was a teenager. In 2004, he co-founded Freska Produce, which is now Read More →
Calavo names new CFO
Santa Paula-based produce distributor Calavo Growers appointed its new CFO, Shawn Munsell, before the markets opened on June 10. Munsell is Calavo’s sixth permanent or interim CFO in the past two years. The last permanent CFO, Mariela Matute, stepped down from the position just a few months into the job to pursue another offer. CEO Read More →
Mission Produce shares up despite dip in Q2 earnings
Oxnard-based Mission Produce, one of the largest avocado distributors in the world, reported its second-quarter earnings on June 8, including an increase in revenue even as net income fell. Mission recorded revenue of $278.1 million in the second quarter, an 18% increase compared to the same quarter a year ago. The company said this was Read More →
Limoneira shares climb 22% after earnings release
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SRAX attributes losses to former subsidiary
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