By Henry Dubroff / Friday, January 22nd, 2016 / Columns, Latest news / Comments Off on Here’s how to navigate stock market meltdown
Markets are quirky things. They sail along for a while and then wham, turbulence arrives. Twice in the past six months we’ve seen two market meltdowns — the latest put the U.S. indices deep into correction territory. My own takeaway is that we are not in the middle of a full-blown financial crisis; there’s been Read More →
Santa Paula-based Limoneira Co. reported fiscal fourth-quarter net income of $654,000 on Jan. 11 after reporting a loss in the same period a year earlier. The company said it had profit of 4 cents per share. Losses, adjusted for non-recurring gains, came to 23 cents per share. The results did not meet Wall Street expectations. Read More →
Limoneira, a 120-year-old agribusiness headquartered in Santa Paula, has acquired 757 acres of lemon, orange and specialty citrus orchards in San Joaquin Valley. The deal closed Dec. 2 and the purchase price was about $15.1 million. Limoneira announced in July that it was acquiring 157 acres at the same location for $3.3 million. The orchards Read More →
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Ventura County’s economy is lagging. Its businesses are downsizing or defecting while the state’s economy is growing. A lack of new housing, new companies or existing business growth has translated to fewer jobs, high industrial vacancy, and rising home prices and apartment rental rates. Strict development regulations may continue to stifle the region’s growth. Those Read More →
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In a transformative deal, Limoneira Co. has landed a partner for its Santa Paula Gateway project, unlocking as much as $100 million in cash flow over the next 10 years. In a statement, Limoneira said it has joined with The Lewis Group of Companies, a real estate investment company based in Claremont, to develop the Read More →