Fentons give $1 million to news department at KCLU
Linda and Dennis Fenton of Westlake Village have donated $1 million to the news department of radio station KCLU. The Linda and Dennis Fenton KCLU Radio News Endowment will be used to hire personnel and enhance equipment, programming and production. The National Public Radio station serves Ventura, Santa Barbara and San Luis Obispo counties. The Read More →
Read More →Flir Systems beats revenue estimates but misses on earnings per share
Flir Systems topped revenue estimates but missed earnings per share expectations when it reported first quarter 2016 earnings April 26. Flir posted revenues of $379.5 million, trouncing analyst estimates of $357.8 million. That is also up from $344.5 million a year ago. Earnings per share of 30 cents slightly missed analyst estimates of 32 cents Read More →
Read More →Lockheed Martin’s first quarter results mixed
Lockheed Martin reported mixed first quarter 2016 earnings results on April 26. During the quarter, Lockheed Martin posted revenues of $11.7 billion and earnings per share of $2.58. Thompson Reuters analysts had predicted revenues of $11.34 billion and earnings per share of $2.59. During the same quarter last year, the company had revenues of $10.11 Read More →
Read More →Resonant raising $6 million in stock offering
Resonant, a Goleta-based manufacturer of technology for the mobile device industry, will raise $6 million in an offering to various institutional and individual investors. The company made the announcement before markets opened April 22. The cash is a lifeline that will allow the late-stage development company to survive a little longer. On March 23, the company Read More →
Read More →Net earnings up 47.7 percent at Citizens Business Bank
Ontario-based Citizens Business Bank reported a 47.7 percent increase in net earnings for the first quarter of 2016. CVB Financial Corp. and its subsidiary Citizens Business Bank reported a $23.4 million net income, or 22 cents a share, up from $15.8 million in the first quarter of 2015. It was an increase of $7.6 million Read More →
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