Our view: Dole Food layoffs loom over Ventura County
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Read More →New job formation slowing down in California
A long anticipated slowdown in new job formation occurred this year, California Economic Forecast Director Mark Schniepp said at the 2018 Los Angeles County and Ventura County Economic Outlook on Sept. 7 in Westlake Village. Schniepp attributes the slowdown mainly to an unemployment rate of less than 5 percent. He said a fully employed economy Read More →
Read More →Tri-county labor shortage leaves fields unharvested
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Read More →Dole Food Co. laying off 172 berry workers in Oxnard
Dole Food Co. reported that it would lay off 172 workers in Oxnard as part of the permanent closure of its Dole Berry subsidiary’s operations in the region. The Westlake Village-based company may be looking to wind down its Tri-Counties operations entirely. It had 600 employees in the Tri-Counties as of 2016, according to Pacific Read More →
Read More →Land trust not bluffing about Carpinteria sale
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Read More →LTC Properties reports higher net income for second quarter
LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →
Read More →Inphi stock up despite reporting net loss for quarter
Inphi stock shot up more than 4 percent Aug. 8 after the semiconductor company reported a 39 percent increase in revenues but still posted a $15 million net loss. Revenues grew to $84.4 million during the quarter ended June 30, compared to $60.5 million in the second quarter of 2016. Net income fell from nearly Read More →
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