Teledyne shares dip despite jump in Q4 profits
Shares of defense and industrial conglomerate Teledyne Technologies sank 1.6 percent in midday trading on Thursday despite higher sales and profits from the Thousand Oaks-based firm.
Read More →Dole reports Q1 loss after spinning off packaged food business
Dole Food Co. reported a first-quarter loss of $65.6 million, largely due to its packaged foods operations, which have since been discontinued and sold to a Japanese firm for $1.7 billion in cash. The Westlake Village-based produce giant sold its global packaged foods and Asia fresh produce businesses to Itochu Corp. in a deal that Read More →
Read More →Semtech sets sales record, shares soar
[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”06-09-2012″ enddate=”06-03-2013″ width=”300″ height=”245″] Camarillo-based Semtech beat analyst expectations for revenue and profits for its most current fiscal year and raised its sales prediction for the next quarter, sending shares up more than 11 percent in after-hours trading. Semtech said its full-year revenue came to $578.8 million, up 20.4 percent Read More →
Read More →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 →Ugg maker shears outlook after plunging Q3 profits
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” rollingdate=”1 year” width=”390″ height=”245″] Ugg boot company Deckers Outdoor Corp.’s shares plunged 14.7 percent in after-hours trading on Oct. 25 as the footwear firm’s sales slipped and it said 2012 profits are expected to be down one-third compared to last year. Deckers, currently building a new, campus-style headquarters in Goleta, Read More →
Read More →