Changing of the guard at CenCal as longtime CEO set to retire
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Paso Robles pursues spaceport designation for its airport
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Michelin lists six new restaurants in region
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Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015
Shares of Calavo Growers slipped more than 17% on Sept. 9, one day after the Santa Paula-based avocado distributor released third quarter earnings that were held back by inflation and said its CEO, James Gibson, is retiring from the post immediately. Calavo closed at $39.20 on Sept. 9, down from $47.26 the day before. The Read More →
Energy Vault to go public in SPAC deal
Westlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →
Semtech shares still soaring after Q2 earnings report
Shares of Camarillo-based Semtech climbed nearly 10% after a strong earnings report on Sept. 1, and in the following week continued to trade at their highest levels since February. Semtech, a semiconductor company specializing in Internet of Things applications, closed at $77.50 on Sept. 7. That was 9% above its closing price of $71.13 on Read More →
Energy storage firm puts another $100M in venture capital in its vault
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