October 6, 2024
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Latest

Dole plc sells off fresh vegetables division for $293M

By   /  Tuesday, January 31st, 2023  /  Agribusiness, East Ventura County, Latest news, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Dole plc sells off fresh vegetables division for $293M

In a continued effort to pay down its debt, Westlake Village-based Dole plc has sold off its fresh vegetables division to an affiliate of Fresh Express Inc., a wholly-owned subsidiary of Chiquita Holdings, for $293 million. The sale is expected to close within the next two quarters, pending approval, Dole said in a press release. Read More →

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Amgen to lay off 300 U.S. workers

By   /  Monday, January 30th, 2023  /  East Ventura County, Economy, Latest news, left, Technology  /  Comments Off on Amgen to lay off 300 U.S. workers

Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →

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Teledyne caps off strong year with record-breaking fourth quarter

By   /  Wednesday, January 25th, 2023  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne caps off strong year with record-breaking fourth quarter

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Arcutis share up after earnings report; company reports mounting losses but progress toward FDA approval

By   /  Monday, February 28th, 2022  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Arcutis share up after earnings report; company reports mounting losses but progress toward FDA approval

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With mask mandates lifted and cases dropping, region ponders pandemic’s next phase

By   /  Friday, February 18th, 2022  /  Central Coast, East Ventura County, Government, Health Care & Life Science, Latest news, right, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on With mask mandates lifted and cases dropping, region ponders pandemic’s next phase

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Thousand Oaks Rams? City, CLU want to keep champs practicing in town

By   /  Friday, February 18th, 2022  /  East Ventura County, Higher Education, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Thousand Oaks Rams? City, CLU want to keep champs practicing in town

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LTC reports dip in Q4 earnings

By   /  Thursday, February 17th, 2022  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC reports dip in Q4 earnings

Westlake Village-based real estate investment trust LTC Properties on Feb. 17 reported a 27% year-to-year decline in fourth quarter net income for 2021, in financial results released after the market closed on Feb. 17. The company’s net income was $12.7 million, or 32 cents per diluted share, in the fourth quarter of 2021, down from Read More →