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MannKind hires financial adviser after boosting cash on hand

By   /  Thursday, June 29th, 2017  /  Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MannKind hires financial adviser after boosting cash on hand

MannKind, a Southern California biotechnology company heading to Westlake Village, hired Greenhill & Co. as a financial and strategic adviser June 28, after requesting the last of its line of credit through a loan from the Mann Group. The company will draw on the remaining $30.1 million of funding, using $10.6 million to capitalize unpaid Read More →

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Limoneira announces cash dividend

By   /  Thursday, June 29th, 2017  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira announces cash dividend

Agribusiness and real estate company Limoneira, based in Santa Paula, announced a quarterly cash dividend for its shareholders June 27. On July 18, the company will pay 5.5 cents per common share to stockholders of record as of July 10. • Contact Marissa Nall at mnall@pacbiztimes.com.

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Semtech’s LoRa Alliance grows to 500 members

By   /  Thursday, June 29th, 2017  /  Latest news, Technology  /  Comments Off on Semtech’s LoRa Alliance grows to 500 members

The LoRa Alliance, founded in part by Camarillo semiconductor producer Semtech, reached 500 members, the company announced June 29. The milestone will help further the adoption of the long-range, low-power network, called LoRa or LoRaWAN, Semtech said in a news release. “With well-known global leaders in the LoRa Alliance, the IoT industry is increasingly coming Read More →

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Antioch University provost resigning due to health concerns

By   /  Wednesday, June 28th, 2017  /  Education, Latest news  /  Comments Off on Antioch University provost resigning due to health concerns

William Flores, provost and vice chancellor of Antioch University Santa Barbara, is stepping down as of June 30 due to health concerns, according to a June 28 news release. Flores, who will rejoin his family in Houston, Texas, said, “I have enjoyed my time at Antioch University and am blessed to have worked with the Read More →

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CalAmp reports decline in revenues

By   /  Tuesday, June 27th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp reports decline in revenues

Internet of Things provider CalAmp, which has operations in Oxnard, announced a decline in revenues for its fiscal year 2018 first quarter, ended May 31, and net losses flat to the previous first quarter at $2.7 million. Revenues fell 3 percent to $88.1 million, primarily as a factor of the closing of the company’s satellite Read More →

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Venture capital investor NGEN celebrates exit of Choose Energy

By   /  Tuesday, June 27th, 2017  /  Energy, Latest news, Technology  /  Comments Off on Venture capital investor NGEN celebrates exit of Choose Energy

Green tech venture capital investor NGEN — an early investor in Soraa with West Coast headquarters in Santa Barbara — celebrated the exit of Texas-based energy market platform Choose Energy June 26. According to reports, South Carolina-based advertising company Red Ventures spent less than $100 million in its acquisition of Choose Energy, though exact figures Read More →

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PennyMac Mortgage Investment Trust announces cash dividend

By   /  Tuesday, June 27th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac Mortgage Investment Trust announces cash dividend

Westlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.

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