Exchange rate fluctuations to blame for drop in net farm income
Changes in dollar strength and exchange rates have been a major factor in the drop in net farm income, even as agriculture revenue has doubled, said Michael Swanson, senior economist for Wells Fargo. “We often get buried in a micro view of our world … and then we get blind-sided by some other trend that Read More →
Cal Amp stock falls after earnings forecast lowered
Shares of Oxnard-based Cal Amp, which makes products for the wireless sector, fell March 22 after the company lowered its earnings forecast for its fiscal year fourth quarter, which ended Feb. 29. On March 21, Cal Amp lowered its revenue estimates for the quarter from an estimated range of $73 million to $78 million to Read More →
Haas Automation’s Formula 1 racing team does well in debut
Oxnard-based Haas Automation’s new Formula 1 racing team had a nice showing in its inaugural race on the open-wheel circuit. French driver Romain Grosjean finished near the front with a surprising sixth place finish in the Australian Grand Prix on March 20. New Formula 1 teams traditionally serve apprenticeships at the back of the pack Read More →
Thousand Oaks’ New West Symphony creates new experiences
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Oxnard restaurateur can finally buy Heritage Square property
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Green bonds aid Santa Clara River flood control
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Citizens Business Bank finalizes acquisition of County Commerce Bank
Citizens Business Bank finalized its acquisition of County Commerce Bank, the company announced on Feb. 29. In exchange for all of County Commerce’s common stock and options, Citizens paid $41.25 million — half in stock and half in cash. That equates to $16.79 per County Commerce share. County Commerce earned 40 consecutive “Five Star” quarterly Read More →
