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Shares of Teledyne Technologies fell about 5% over the course of the trading day Jan 24, despite the fact the company’s fourth quarter results showed all-time record sales and orders. Thousand Oaks-based Teledyne shared its fourth quarter and full-year results the morning of Jan. 24. In the fourth quarter, the technology and defense conglomerate noted all-time
After upgrading its economic forecast mid-way through 2023, Alamar Capital Management, based in Santa Barbara, is wrapping up a year of 25% gains, fueled in part by Cisco Systems offer to acquire Splunk, one of the fund's biggest holdings, for $28 billion cash. Portfolio manager George Tharakan writes that "We are quite optimistic on the US economy
Lori Varlotta, president of California Lutheran University in Thousand Oaks. (courtesy photo) January has been a turbulent month for California Lutheran University, with embattled school president Lori Varlotta at the center of the storm. On Jan. 16, the faculty at the Thousand Oaks-based university overwhelmingly passed a no-confidence resolution in Varlotta, petitioning her to resign
Mariachi Loco Grill & Cantina in Simi Valley. (courtesy photo) Between taxes, permit costs, minimum wage and related factors, California is the most expensive state in the country to open a restaurant, according to a study released this month by RestaurantFurniture.net. Tri-county food service observers say that the state does indeed make it very costly
A new report from the Aztec Group and PEI Private Funds found that 80% of CFOs are either actively fundraising or are planning to do so in the next 12 months despite economic headwinds. The survey included more than 100 U.S. C-Suite individuals of both domestic and international funds, according to the January report. The