CalAmp revenues up 39 percent compared to last year
CalAmp revenues soared during the first quarter of fiscal year 2017 but the company lost $2.7 million as the Oxnard-based wireless parts maker completed its acquisition of LoJack, CalAmp reported June 28. Revenues shot up 39 percent during the quarter from $65.4 million in 2016 to $91.1 million during the same period in fiscal 2017. Read More →
Read More →Tri-county stocks fall after Britain votes to exit EU
Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →
Read More →Ventura County tourism growing
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Read More →Strawberry crop insurance changes topic of meetings
Western Growers and the U.S. Department of Agriculture Risk Management Agency announced June 8 that they will host two meetings to discuss changes to the Strawberry Crop Insurance Program. The program has provided federally subsidized insurance for strawberry growers since it was created in 2012. It protects growers in Santa Barbara, Ventura and several other Read More →
Read More →Oxnard’s Clean Diesel Technologies replacing CFO
Clean Diesel Technologies’ chief financial officer will resign and the company will conduct a reverse stock split as it tries to stay listed on the Nasdaq stock exchange. Oxnard-based Clean Diesel Technologies, which makes diesel emission control systems for diesel powered vehicles, said in a June 1 filing with the Securities and Exchange Commission that Read More →
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