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Limoneira misses Wall Street expectations for fourth quarter

By   /  Monday, January 11th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira misses Wall Street expectations for fourth quarter

Santa Paula-based Limoneira Co. reported fiscal fourth-quarter net income of $654,000 on Jan. 11 after reporting a loss in the same period a year earlier. The company said it had profit of 4 cents per share. Losses, adjusted for non-recurring gains, came to 23 cents per share. The results did not meet Wall Street expectations. Read More →

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Limoneira buys 757 acres of orchards in San Joaquin Valley

By   /  Thursday, December 3rd, 2015  /  Agribusiness, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Limoneira buys 757 acres of orchards in San Joaquin Valley

Limoneira, a 120-year-old agribusiness headquartered in Santa Paula, has acquired 757 acres of lemon, orange and specialty citrus orchards in San Joaquin Valley. The deal closed Dec. 2 and the purchase price was about $15.1 million. Limoneira announced in July that it was acquiring 157 acres at the same location for $3.3 million. The orchards Read More →

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Latin America trade key for Tri-Counties

By   /  Friday, November 13th, 2015  /  Agribusiness, Latest news, Top Stories, Tri-County Economy  /  Comments Off on Latin America trade key for Tri-Counties

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Experts say Ventura County’s economy lagging behind state

By   /  Friday, September 25th, 2015  /  Columns, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Experts say Ventura County’s economy lagging behind state

Ventura County’s economy is lagging. Its businesses are downsizing or defecting while the state’s economy is growing. A lack of new housing, new companies or existing business growth has translated to fewer jobs, high industrial vacancy, and rising home prices and apartment rental rates. Strict development regulations may continue to stifle the region’s growth. Those Read More →

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Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

By   /  Friday, September 18th, 2015  /  Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

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Limoneira partners with Lewis Group on Santa Paula Gateway

By   /  Wednesday, September 9th, 2015  /  Agribusiness, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira partners with Lewis Group on Santa Paula Gateway

In a transformative deal, Limoneira Co. has landed a partner for its Santa Paula Gateway project, unlocking as much as $100 million in cash flow over the next 10 years. In a statement, Limoneira said it has joined with The Lewis Group of Companies, a real estate investment company based in Claremont, to develop the Read More →

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Alternative proposed to prevent peaker plant along Oxnard coast

By   /  Friday, July 24th, 2015  /  Columns, Energy, Latest news, Top Stories, West Ventura County  /  Comments Off on Alternative proposed to prevent peaker plant along Oxnard coast

One of the biggest stories in Ventura County these days is the debate over the so-called “peaker plant” proposed by independent power producer NRG to replace a couple of aging power stations along the Oxnard coastline. And, when the Business Times editorialized in favor of building a peaker plant on July 17, we clearly created Read More →

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