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By Jorge Mercado / Friday, January 22nd, 2021 / Banking & Finance, East Ventura County, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Wall Street loves AeroVironment’s latest acquisition
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By Amber Hair / Wednesday, January 20th, 2021 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Community Bancorp of Santa Maria reports rising revenue and expenses
Community Bancorp of Santa Maria saw another quarter of continued growth, buoyed by federal Paycheck Protection Program loans, even as net income fell. The bank’s total income rose 4.3%, but net income fell by more than 19%, going from $2.7 million in December 2019 to $2.2 million in the same month of 2020. Net loans Read More →
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By Jorge Mercado / Tuesday, January 19th, 2021 / Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Mission Produce reports earnings drop in first post-IPO filing
Revenue and net income took a hit in the fourth quarter of 2020 for Oxnard-based Mission Produce, as the company released its first earnings report on Jan. 19 since its initial public offering in October. Mission Produce reported revenue totaling $206.8 million for the quarter ended Oct. 31, which was an 11% decrease from the Read More →
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By Staff Report / Thursday, January 14th, 2021 / Banking & Finance, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment shares take off after $405M drone deal announced
Shares of Simi Valley-based drone company AeroVironment shot up more than 25% on Jan. 14, the day after the company announced a $405 million acquisition of a privately held military drone provider. AeroVironment is acquiring Arcturus UAV, a major provider of Group 2 and 3 unmanned aircraft systems to the U.S. military, for $405 million. Read More →
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By Jorge Mercado / Monday, January 11th, 2021 / Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Limoneira’s losses mount as pandemic depresses citrus sales
Santa Paula-based agribusiness Limoneira saw its losses increase and its revenue drop in the fourth quarter of its most recent fiscal year, as low wholesale prices and declining sales during the pandemic took their toll. Limoneira released its results Jan. 11 for the quarter and fiscal year ended Oct. 31, revealing a loss of 42 Read More →
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By Staff Report / Friday, January 8th, 2021 / Banking & Finance, Latest news, left, Top Stories, Tri-County Public Companies, Women Inc. / Comments Off on How the region’s publicly traded companies stack up when it comes to women on the board
The Pacific Coast Business Times investigated the gender breakdown of the boards of all 22 companies based in the tri-county region and traded on a major stock exchange. All 22 meet the current requirement for one or more women on the board, but only 11 meet the stricter requirements that will take effect next year.
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