Latest news with #ThousandOaks
Yahoo
2 days ago
- Business
- Yahoo
Is Teledyne Technologies Stock Outperforming the Dow?
Thousand Oaks, California-based Teledyne Technologies Incorporated (TDY) provides enabling technologies for industrial growth markets. Valued at a market cap of $23 billion, the company operates through Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems segments. Companies worth $10 billion or more are generally labeled as 'large-cap stocks', and Teledyne Technologies fits this criterion perfectly. The company is known for its innovation and precision technology solutions, serving a wide range of industries, including aerospace, defense, marine, environmental monitoring, and manufacturing. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer CoreWeave Stock Is Too 'Expensive' According to Analysts. Should You Sell CRWV Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Teledyne Technologies currently trades 6.4% below its all-time high of $522.50 recorded on Jan. 31. TDY's stock has declined 1.9% over the past three months, slightly lagging behind the broader Dow Jones Industrials Average's ($DOWI) 1.4% rise. Longer term, TDY's stock has surged 5.4% on a YTD basis, whereas DOWI has decreased marginally. Moreover, shares of Teledyne Technologies soared 26.6% over the past 52 weeks, notably outperforming the Dow Jones' 8.6% rise over the same time frame. Despite some fluctuations, the stock has been trading above its 50-day and 200-day moving averages since May. Despite delivering strong results, Teledyne Technologies' stock fell 2.7% following the release of its Q1 2025 results on Apr. 23. The company posted revenue of $1.5 billion, up 7.4% year over year, driven by growth across all segments and surpassing the consensus estimate of $1.4 billion. Its adjusted EPS rose 8.8% from the prior-year quarter to $4.95, also beating analysts' expectations. However, the dip in share price can be attributed to TDY's full-year EPS guidance, which slightly missed the Street's expectations. TDY expects adjusted EPS to range between $21.10 and $21.50, dampening investor sentiment. Compared to its peer, Trimble Inc. (TRMB) has underperformed TDY stock on a YTD basis, gaining 1.5%. However, shares of TRMB have climbed 29.2% over the past 52 weeks, outpacing the TDY stock. Among the nine analysts covering the TDY stock, the consensus rating is a 'Strong Buy.' Its mean price target of $555.11 suggests a 13.5% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
CBS News
6 days ago
- CBS News
Man gets 19 years to life for 1997 bank robbery shooting death of Monica Leech
A 58-year-old man has been sentenced to 19 years to life in state prison for the murder of bank teller Monica Leech during a 1997 armed bank robbery in Thousand Oaks. Kevin Ray James pled guilty to the murder on May 16, 2025, after the case had remained cold for more than two decades until investigators were able to gather enough evidence, using new DNA technology to link him to the murder. On April 28, 1997, two armed men disguised as construction workers with raincoats, hardhats, and pantyhose as masks entered Western Financial Bank on Thousand Oaks Boulevard. They forced employees, including 39-year-old Leech, into the vault room and demanded they open the safe. During the robbery, Leech and another bank employee were handcuffed by the suspects, forced to their knees, and Leech was fatally shot. Leech, a mother of four from Camarillo, died at the scene. The suspects fled with around $11,000 in cash. District Attorney Erik Nasarenko announced the sentencing of the San Bernardino man on Monday. Leech's family friends and co-workers spoke at the sentencing hearing which took place last week. "The emotional and mental anguish caused by the act of being robbed at gunpoint is incomparable to the horror of hearing the gun go off and seeing a colleague and friend fall over right beside me. The crime was violent, but the murder of Monica Leech was pure, unprovoked evil," Scott G. said.
New York Times
12-06-2025
- Business
- New York Times
David H. Murdock, a Fierce Rags-to-Riches Corporate Raider, Dies at 102
David H. Murdock, who rose from hardscrabble beginnings to become a billionaire investor, real estate mogul, corporate raider and philanthropist, and whose late-in-life devotion to healthy nutrition once led him to announce that he planned to live to 125, died on Monday at his ranch in Thousand Oaks, Calif. He was 102. His death was confirmed by Tracy Murdock, his ex-wife. Mr. Murdock, who dropped out of school at 14 and was briefly a homeless World War II Army veteran, made his first fortune in real estate and then acquired controlling stakes in a variety of public companies, including Dole as well as the textile manufacturer Cannon Mills. He gained a reputation as a relentless and often ruthless turnaround specialist who didn't hesitate to lay off thousands of workers, slash benefits and make deep cuts in order to reshape and sell a company. He would look for companies with what he deemed 'undervalued assets,' swoop in, make necessary if painful changes and then sell the entity at a significant profit. In his oft-stated quest to build the largest private financial empire in the United States, Mr. Murdock took on powerful unions and dominant corporate chieftains, among them Armand Hammer of Occidental Petroleum, and emerged as one of the richest, most successful corporate investors in the nation. In April, Forbes estimated his fortune at $3.7 billion. Mr. Murdock's lack of formal education and humble beginnings fueled his determined rise to wealth and power. In a 1983 interview with The Wall Street Journal, he said: 'Nobody is satisfied with what he has. We were brought on earth to achieve. As long as we want to achieve, we're alive. If we're satisfied, we're already half dead.' Well into his 90s, he continued to achieve, serving as chairman and chief executive of Dole and its parent company, Castle & Cooke, for several decades. Want all of The Times? Subscribe.
Yahoo
22-05-2025
- Yahoo
2 CHP officers hurt in crash, 1 displaced in Ojai fire, more
An alleged drunken driver crashed into a California Highway Patrol vehicle early May 22, injuring two officers during a traffic stop in Thousand Oaks, authorities said. The patrol vehicle was stopped in the far-right lane of Moorpark Road north of Highway 101 shortly before 3 a.m. with their emergency lights and left directional arrow on, according to a CHP news release. A Nissan, driven by a 43-year-old Thousand Oaks man, heading northbound on Moorpark Road failed to slow and rear-ended the patrol vehicle injuring the two officers, the release said. The driver's speed was unclear but he was suspected to be under the influence of alcohol, the CHP said. The Thousand Oaks man and the CHP officers had complaints of pain from the crash but were expected to make a full recovery. The CHP Moorpark-area office is investigating the incident. The man was booked into Ventura County jail on suspicion of felony DUI with injury and driving with a blood alcohol level of 0.08%, according to jail records. His bail was set at $50,000. He is scheduled to appear in Ventura County Superior Court on May 27, court records show. A resident of an apartment in Ojai was displaced after a fire left the unit uninhabitable May 21. The Ventura County Fire Department received a call shortly after 5:20 p.m. of an audible alarm ringing in the 900 block of East Ojai Ave., said Andrew Dowd, a department spokesperson. Firefighters saw heavy smoke but no fire coming from a unit in the apartment complex, Dowd said. The building's sprinkler system had suppressed the fire before crews arrived. Crews remained on scene for hours for cleanup and to ensure the fire was properly extinguished, Dowd said. No occupants were present and no injuries were reported from the incident. The Red Cross was contacted to assist with finding other accommodations for the lone occupant of the units, said Dave Wagner, a spokesperson for the organization. Ventura County Fire is investigating the cause of the fire, authorities said. Oxnard police arrested a man after he allegedly broke into a home while the residents were still inside May 21. Officers with the Oxnard Police Department arrested a 20-year-old Oxnard man near the 1200 block of Nautical Way around 9:21 a.m. where the home entry had just occurred, according to a news release. The suspect had allegedly removed a screen and entered through an unlocked window, police said. The man took car keys out of the victim's purse and entered a vehicle located in the garage. The alleged burglar fled after being confronted by the resident, police said. Authorities located the suspect nearby and arrested him for felony burglary. Investigators also found the man with property believed to be tied other crimes in Ventura, according to police. The man was booked into Ventura County jail with bail set at $100,000. He has a scheduled court date for May 23, jail records show. Ernesto Centeno Araujo covers breaking news for the Ventura County Star. He can be reached at ecentenoaraujo@ This article originally appeared on Ventura County Star: Alleged DUI driver crashes into CHP vehicle injuring officers
Yahoo
17-05-2025
- Sport
- Yahoo
Cal Lutheran kicks off 2025 graduation season: See our photos from commencement ceremonies
California Lutheran University honored just over 1,000 graduates in a pair of May 16 commencements at the Thousand Oaks campus' William Roland Stadium. The university started the morning by handing degrees to 552 undergraduate students and 52 members of the university bachelor's program for professionals. In an afternoon ceremony, 388 students collected master's degrees and 31 received doctorates. Cal Lutheran's class of 2025 chose perseverance as its commencement theme, recognizing its collective educational journey in the aftermath of the COVID-19 pandemic. Political science and philosophy graduate Kelly Alexander and criminology graduate addressed the morning undergraduate ceremony. Counseling master's graduate Nayeli Caballero spoke at the afternoon's post-graduate commencement. This article originally appeared on Ventura County Star: California Lutheran University kicks off commencement season
