CalAmp shares slide as Q4 outlook misses
Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.
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Dry spell: Ventura County struggles to refill from Santa Clara River
Farms, industries and municipalities in Ventura County could see a severe reduction in the amount of water they receive from the Santa Clara River watershed and sharply higher prices if a pair of environmental challenges are successful, a top groundwater manager said Nov. 16.
Tony Morgan, groundwater department manager for the United Water Conservation District, said at a symposium in Santa Paula that the district is unlikely to be able to supply anywhere near the water this year that it has in the past because of prolonged dry weather.
Read More →Port of Hueneme unveils marine test program
Called MAST, short for Marine Advanced Systems and Technology, the program will create an innovation hub of sorts for companies to test paint, products and devices for their ability to operate in marine environments.
Read More →On a 40-year roll: P&G paper plants set to mark milestone in Oxnard
Procter & Gamble will celebrate the 40th anniversary of its Family Care Plant in Oxnard this month, a remarkable milestone when viewed against the decline in manufacturing jobs in California and across the nation. The Oxnard plant makes Bounty paper towels and Charmin toilet tissue in huge quantities that supply California and parts of the western U.S.
Read More →Gills Onions looks to biogas for future revenue
Steve Gill, president and co-founder of Gills Onions in Oxnard, said at an energy sustainability seminar in Westlake Village Oct. 23 that the next big technology push for his company will be to convert solid onion waste into methane gas to be sold as biomethane. That is a product that will be in demand as Read More →
Read More →Editorial: Ventura and Oxnard should let the food trucks roll
Moves afoot to “regulate” food trucks in downtown Ventura and Oxnard strike us as singularly short-sighted.
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