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CVB Financial records another profitable quarter

CVB Financial posts another solid quarter

CVB Financial Corp. has announced net income of $51.2 million for the quarter ended September 30, 2024. That was up $50 million during the second quarter of this year, but down $6.7 million year-over-year, the Ontario-based financial institution reported Nov. 1. Earnings per share were 37 cents for the third …

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Southwest to offer Baltimore/DC flights out of ONT

ONT keep high bond ranking

Ontario International Airport will begin offering daily non-stop flights to Baltimore/Washington International Thurgood Marshall Airport. Southwest Airlines is scheduled to start flying that route June 5, giving Ontario International its 26th nonstop route, according to a statement on the airport’s website. “We could not be happier with the new Southwest service to …

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Report: US holiday spending to reach record in 2024

Record sales for holiday retail

U.S. consumer spending is expected to reach an average of $902 per person during the holiday shopping season, according to the National Retail Federation. That is about $25 more per person than in 2023, and $16 higher than the previous record set in 2019, the Washington D.C.-based trade association reported …

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Retail portfolio sells for $7 million

Retail portfolio sells for $7 million

Four retail properties in San Bernardino have been sold for $7 million. The parcels, all independent of each other, are within 2505-2575 Highland Ave. and are leased to IHOP, Wienerschnitzel, Taco Bell and a 76 station, according to Progressive Real Estate Partners in Rancho Cucamonga. A 1.5-acre parcel that can …

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