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Raytheon wins $70M radar jammer contract

By   /  Friday, January 3rd, 2014  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Raytheon wins $70M radar jammer contract

Raytheon said Dec. 30 that it won a $70 million contract to produce radar jammers at one of its Goleta facilities to support foreign military sales to Morocco, Egypt and Iraq.

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CalAmp shares slide as Q4 outlook misses

By   /  Friday, December 27th, 2013  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp shares slide as Q4 outlook misses

Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.

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Clean Diesel changes ethics rules after $1.9M federal fine

By   /  Friday, December 20th, 2013  /  Technology, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine

The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.

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Semtech shares sink on lower earnings outlook

By   /  Thursday, December 19th, 2013  /  Earnings, Technology, Tri-County Public Companies  /  Comments Off on Semtech shares sink on lower earnings outlook

Shares of Camarillo-based Semtech Corp. plunged 11.2 percent on Dec. 19 after the company downgraded its revenue and profit outlook for the fourth quarter.

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Salem buys Twitchy.com from Michelle Malkin

By   /  Tuesday, December 10th, 2013  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Salem buys Twitchy.com from Michelle Malkin

Salem Communications said Dec. 10 that it has purchased startup Twitter curation website Twitchy.com from conservative political columnist Michelle Malkin for an undisclosed sum. Camarillo-based Salem runs dozens of Christian and conservative radio stations and websites including HotAir.com. It also publishes magazines and books under those themes.

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Clean Diesel CEO resigns after Pirelli deal dissolves

By   /  Tuesday, December 10th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel CEO resigns after Pirelli deal dissolves

Ventura-based Clean Diesel Technologies said Dec. 10 that CEO and President R. Craig Breese has resigned to “pursue other opportunities.” He will remain at his post until Jan. 8 and the company has created an interim office of the chief executive to replace him. Breese was also a member of the board of directors.

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ValueClick sells websites to About.com parent for $80M

By   /  Monday, December 9th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on ValueClick sells websites to About.com parent for $80M

Westlake Village-based online advertising firm ValueClick is selling its owned-and-operated websites to the parent company of Dictionary.com, Match.com, Ask.com and About.com. The aggregate purchase price was $80 million, according to a regulatory filing.

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