Salem Media announces dividend
The board of directors for Camarillo-based Salem Media declared a 6.5 cent dividend June 1. Stockholders of record as of June 16 will receive the dividend June 30. Shares for the Christian and conservative radio company were up 0.7 percent as of 12:18 p.m. June 1 to $6.90. • Contact Marissa Nall at mnall@pacbiztimes.com.
Read More →Semtech earnings fall short of analyst estimates
Semtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →
Read More →Camarillo sportswear company Neff Headwear acquired
Camarillo sportswear company Neff Headwear was acquired by Mad Engine, the licensed apparel wholesaler for Disney and its affiliated companies, according to a news release May 16. Mad Engine took ownership of the company from Marlin Equity Partners and the Neff family, who founded it in 2002. “We’re excited to have this opportunity to acquire Read More →
Read More →Regulations causing employers to flee the state
By Jonathan Fraser Light I have a running sick joke with one of my insurance broker clients. Every month he tells me how many of his clients have left the state because they can’t stand to run a business here. Others of my employer clients are leaving when they can. Meat packers, computer chip component Read More →
Read More →Salem Media to offer $225 million in secure notes
Salem Media Group reported first quarter 2017 net income of $1.1 million, or 4 cents per share, and announced plans for a private offering of $225 million in senior secured notes May 8. Total revenues and operating expenses both edged up slightly from the previous first quarter for the Camarillo-based Christian and conservative media company, Read More →
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8th grader wins $10,000 at Ventura County Startup Weekend
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Read More →Weak job growth, high cost of living spell trouble in Ventura County
By Tony Biasotti In May, the Ventura County Civic Alliance will release its 2017 State of the Region report. As in past editions of the report, the state of the county’s economy is a large part of the overall state of the region. The state of the economy is decidedly mixed. Ventura County is what Read More →
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