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Salem Media Group launching news talk station in San Francisco

By   /  Tuesday, June 28th, 2016  /  Latest news  /  Comments Off on Salem Media Group launching news talk station in San Francisco

Salem Media Group is launching a news talk station in San Francisco over the July 4th weekend. The 50,000 watt KTRB-AM covers the entire San Francisco area as well as San Jose, Sacramento and Modesto. KTRB will become 860 AM The Answer, the 26th Answer-branded talk station in the Salem family. “We are thrilled and excited Read More →

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CalAmp revenues up 39 percent compared to last year

By   /  Tuesday, June 28th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on CalAmp revenues up 39 percent compared to last year

CalAmp revenues soared during the first quarter of fiscal year 2017 but the company lost $2.7 million as the Oxnard-based wireless parts maker completed its acquisition of LoJack, CalAmp reported June 28. Revenues shot up 39 percent during the quarter from $65.4 million in 2016 to $91.1 million during the same period in fiscal 2017. Read More →

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Tri-county stocks fall after Britain votes to exit EU

By   /  Friday, June 24th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Tri-county stocks fall after Britain votes to exit EU

Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →

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Limoneira announces cash dividend of 5 cents per share

By   /  Friday, June 24th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Limoneira announces cash dividend of 5 cents per share

Limoneira has announced a quarterly cash dividend of 5 cents per common share payable on July 15 to stockholders of record on July 5. Limoneira is a 124-year-old agribusiness headquartered in Santa Paula. The company owns approximately 10,700 acres of agricultural land, real estate properties and water rights in California and Arizona. Limoneira is a Read More →

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Citizens Business Bank to pay 107th consecutive quarterly cash dividend

By   /  Friday, June 24th, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Citizens Business Bank to pay 107th consecutive quarterly cash dividend

CVB Financial Corp., the holding company for Citizens Business Bank, announced a 12 cents per share cash dividend for the second quarter of 2016. The dividend will be payable on or about July 21 to shareholders of record as of July 7. “Our board of directors is pleased to pay our 107th consecutive cash dividend to our shareholders,” said President and CEO Christopher Read More →

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700 barrels of oil leak from Ventura pipeline

By   /  Thursday, June 23rd, 2016  /  Latest news  /  Comments Off on 700 barrels of oil leak from Ventura pipeline

Updated at 12:30 p.m. June 23: About 700 barrels of crude oil leaked from a pipeline in Ventura on June 23 but Ventura County firefighters were able to stop the oil from reaching the ocean, officials said. The oil belongs to Aera Energy, among other producers, and the pipeline is owned by Crimson Pipeline, which Read More →

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Review blasts Ventura County Community Foundation’s fiscal management

By   /  Wednesday, June 22nd, 2016  /  Latest news, Nonprofits  /  1 Comment

Updated on June 22 at 4 p.m.: An independent fiduciary review found that the Ventura County Community Foundation undervalued donor-restricted funds due to improper fund management, VCCF announced on June 22. The seven-month report by auditor KPMG found that the foundation invested permanent funds in money-market accounts, over-allocated interest income to VCCF’s unrestricted funds and charged Read More →

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