Dole buys natural snack company
Dole Food Co. has bought Mrs. May’s Naturals, a family-run company that makes natural snacks such as fruit-and-nut bars and freeze-dried fruit. Terms of the deal were not disclosed, but Westlake Village-based Dole said Mrs. May’s had 2011 revenues of about $16 million. Mrs. Mays was founded in 2002 by brothers Augustine and Michael Kim, Read More →
Read More →Gates: ‘Compromise has become a dirty word’
[EDITOR’s NOTE: This story was updated at 1:50 p.m. on March 2, 2012] Former Defense Secretary Robert Gates delivered a ringing endorsement to California’s citizen-led redistricting effort, saying in a March 2 speech in Santa Barbara that extreme forces on the political left and right must learn to compromise if America is going to get Read More →
Read More →FCAL to buy Riverside bank, close four branches
While announcing plans to buy an Inland Empire bank, First California Bank said Feb. 28 that it will close four branches, including one in Thousand Oaks. First California plans to pay $2 million in an all-stock deal to buy Riverside-based Premier Service Bank. The deal is still subject to regulatory and shareholder approval and is Read More →
Read More →Teledyne buys Canadian firm
Teledyne Technologies said Feb. 27 that it has purchased a Canadian firm that makes electronics products for the oil and gas industry. Teledyne, a Thousand Oaks-based conglomerate of defense and industrial brands, has been rebalancing its portfolio away from defense companies and toward commercial and industrial products as the U.S. cuts defense spending as it Read More →
Read More →California must invest in the future, Lt. Gov. says in SLO
Lt. Gov. Gavin Newsom told hundreds of civic and business leaders in San Luis Obispo on Feb. 24 that California needs to look beyond its borders for new ideas on how to once again lead the United States in job creation. Newsom told the crowd at the San Luis Obispo Chamber of Commerce luncheon that Read More →
Read More →Deckers steps up sales to $1.4B
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” startdate=”23-08-2011″ enddate=”23-02-2012″ width=”390″ height=”245″] Goleta-based Deckers Outdoor Corp., parent of the Ugg Australia boot brand, increased its sales 38 percent to nearly $1.4 billion in 2011 and boosted net income 25 percent $201.8 million. In an earnings release on Feb. 23, Deckers said it notched a huge boost in international Read More →
Read More →Ceres goes public at $13
Ceres, the Thousand Oaks-based energy crop firm, has gone public on the Nasdaq priced at $13 a share, raising up to $65 million in the sale of five million shares. The stock was up nearly 15 percent to $14.90 in mid-day trading on Feb. 22. Ceres struggled to push through its deal. Initially slated to Read More →
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