Calavo Growers grew income in third quarter
Santa Paula-based Calavo Growers followed record highs last quarter with a 47.5 percent increase in net income for the third quarter of 2016, the company reported Sept. 7. Income rose to $12.7 million for the quarter, compared to $8.6 million for the same period last year, and earnings per diluted share rose to 73 cents, Read More →
Read More →Parent of Ojai Community Bank raises funds
OCB Bancorp, parent company of Ojai Community Bank, raised additional funds by issuing $3 million of subordinated notes to facilitate future growth. “During this extended period of low rates, many corporations have found it advantageous to issue corporate bonds instead of common stock to assist capital growth,” President and CEO Dave Brubaker said in a Read More →
Read More →Limoneira not affected by California wildfires
Santa Paula-based Limoneira said Aug. 22 that the company is not being affected by the current wildfires in California. In addition, the company reiterated its fiscal year 2016 guidance ranges and announced that it will report its financial results for the third quarter ended July 31, 2016 on Sept. 8, 2016. For the fiscal year Read More →
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Lemon growers oppose rule on Argentine imports
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Read More →OCB Bancorp’s second quarter net income up over last year
In its second quarter earnings report, OCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — reported net income year-to-date of $516,000, or 25 cents per share, up from $372,000 last year. “Loans also continue to grow, increasing approximately $49 million since June Read More →
Read More →Tax measures could alter tri-county marijuana market
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Read More →PG&E replacing Diablo Canyon power won’t be easy
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