Scalia’s death will impact cases of regional concern
The untimely death of Supreme Court Justice Antonin Scalia over President’s Day weekend will likely alter the trajectory of any number of cases before the court. Two of them are particularly relevant to the Tri-Counties. In Friedrichs v. California Teachers Association, the justices appeared to be closely divided on the question of whether to uphold Read More →
OCB Bancorp income up 142 percent in 2015
OCB Bancorp, the parent company of Ojai Community Bank, increased its year-over-year net income by 142 percent in 2015. OCB Bancorp’s net income grew from $380,000 in 2014 to $921,000 in 2015, or 40 cents in earnings per share. Total loans increased $48.2 million or 37.5 percent to $176.5 million in 2015. Total assets rose Read More →
Limoneira misses Wall Street expectations for fourth quarter
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 →
Voters to decide Ventura County growth
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Calavo Growers’ fourth quarter earnings fall short
Santa Paula-based Calavo Growers missed analyst projections on its fourth-quarter earnings. Calavo Growers, which is known for its avocado production, reported on Dec. 29 a profit of 28 cents per share, missing Wall Street’s projection of 46 cents per share. Calavo Growers stock ended the day at $49.51 per share, down $1.14. The company posted Read More →
Parents refile lawsuit over IV rampage deaths
The parents of slain UC Santa Barbara students refiled a lawsuit against Isla Vista apartment property managers alleging they were legally obligated to do more to prevent the shooting that left six dead on May 23, 2014. A federal court dismissed the suit, which previously included the Santa Barbara County Sheriff’s Department as well Read More →
Sientra waits for production to resume amid stock crash
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