Dole reports Q3 loss of $5.3M
Produce giant Dole Food Co. missed Wall Street expectations as it saw a third-quarter loss of $5.3 million, or 6 cents a share, on revenue of $2 billion. The loss is an improvement over third-quarter results from last year, when the Westlake Village-based food company reported a loss of $12.1 million, or 14 cents a Read More →
Read More →IQMS breaks ground on new HQ
Paso Robles-based software firm IQMS broke ground on a second 30,000-square-foot building on Nov. 14. The company makes software that manufacturers use to track production and plan for materials purchases. With a strong customer base in the automotive component manufacturing industry, the company has been expanding its offers with new sensors and hardware that let Read More →
Read More →Calavo gains 600K with sale of Maui Fresh
[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”12-05-2012″ enddate=”12-11-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers sold its share of a Los Angeles-based fruit distribution company for $2.6 million in a deal that closed Oct. 31. The produce marketer sold its 50 percent stake in Maui Fresh International to San Rafael Distributing, the company that already owns the Read More →
Read More →SLO leading the state in GDP, job growth
SLO’s economic recovery isn’t looking so slow anymore. Jordan Levine, director of economic research at Beacon Economics, said at a Nov. 9 forecast that San Luis Obispo County is leading California’s financial recovery. The road is still bumpy, but there are there are a handful of notable bright spots for the region’s economy, Levine said Read More →
Read More →Row 44 bought in $430M deal
Westlake Village-based Row 44, a supplier of broadband Internet systems for airplanes, has been acquired in a deal valued at $430 million that will combine it with a content provider. A purpose-made company called Global Eagle Acquisition Corp. will roll together Row 44 with Advanced Inflight Alliance AG, a German-based content company that has deals Read More →
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