Limoneira operating income jumps 35% on higher lemon prices
Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →
Amgen hires former 3M exec as CFO
Amgen has hired David Meline, formerly with industrial conglomerate 3M Co., as its new chief financial officer. At 3M, Meline was responsible for the finances of a Minnesota-based company with more than $30 billion in worldwide revenues. Amgen, the world’s largest biotechnology firm, had profits of $5 billion in 2013, a 17 percent increase from Read More →
Calavo shares rally on record Q2 profits
Shares of produce marketer Calavo Growers surged more than 7 percent in midday trading on Monday as the firm’s second-quarter profits surged 205 percent to $6.7 million, setting a quarterly earnings record.
Harrison Industries matriarch dies at age 99
Myra Harrison, co-founder and matriarch of E. J. Harrison & Sons, one of the largest private enterprises in Ventura County, has died at age 99. A news bulletin from the Harrison family said she died in her sleep on May 25. She was the daughter of Francisca Moraga Velarde and Elias Velarde and her ancestors Read More →
United Way of Ventura County CEO to retire
David Smith, president and CEO of United Way of Ventura County since 2001, will retire in December. “Dave Smith has brought significant value to the United Way organization and Ventura County for nearly 13 years,” the group’s chairman, Thomas Cohen, said in a news release. “He will be difficult to replace.” Smith and his wife, Read More →
