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CVB Financial announces another dividend

cash dividend

CVB Financial Corp. in Ontario has announced a 20 cents-per-share dividend for the first quarter of 2023. That dividend, approved Wednesday by CVB’s board of directors at the board’s regularly scheduled meeting, will be payable on or about April 19 to all shareholders of record on April 5, according to …

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ONT reports solid numbers for February

ONT nearly back to pre-pandemic passenger levels

Ontario International Airport’s passenger count rose 15 percent year-over-year in February, another sign of the airport’s ongoing recovery from the pandemic. Ontario International attracted nearly 413,000 passengers during the second month of the year – an estimated 391,000 domestic and 21,000 international – according to the Ontario International Airport Authority. …

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Staters’ golf tournament raises $1 million

The Jack H. Brown Heroes Challenge raised $1 million for charities on Sunday at the Renaissance Esmeralda Resort & Spa in Indian Wells, the most money raised in the golf tournament’s 16-year history. The event, named for the late executive chairman of Stater Bros. Markets, attracted 350 sponsors and seven …

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Temecula biz incubator expands

Temecula has added two businesses to its business incubator program. iatrixAir, Inc. and Terra Network Solutions have both been admitted into the Temecula Valley Entrepreneur’s Exchange, according to a statement on the city’s website. iatrixAir is a health-tech startup that stops airborne pathogens and biothreats. It uses “machine learning,” in …

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China Airlines to resume daily ONT flights

ONT nearly back to pre-pandemic passenger levels

China Airlines will resume daily round-trip flights at Ontario International Airport. The airline, which discontinued all service in and out of Ontario International in March 2020 because of the pandemic, is scheduled to begin those flights to Taipei March 26, according to a statement on the airport’s website. The flights …

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ONT bond rating is upgraded

ONT nearly back to pre-pandemic passenger levels

Ontario International Airport’s long-term revenue bond rating has been raised from A minus to A by S&P Global Ratings. That upgrade is being attributed to the airport’s “substantial recovery” from the pandemic, specifically its large cash reserves and its current maintenance of pre-pandemic passenger rates, according to a statement on Ontario …

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