| |
|
|
|
|
Updated: 5/14/2008 3:06:06 PM
SEC Sues Broadcom Founders, Other Past, Current Executives
Former and present Broadcom Corp. executives, including cofounders Henry Samueli and Henry Nicholas, were sued by the Securities and Exchange Commission Wednesday over stock options backdating at the Irvine chipmaker.
Kingston Upped Lead in Memory Modules in 2007
Fountain Valley’s Kingston Technology Co., the biggest maker of memory products, widened its market share last year for sales of circuit boards loaded with memory chips that go into computers.
Advanced Medical: FDA OK's Vision Surgery Laser
Santa Ana-based Advanced Medical Optics Inc. said Wednesday the Food and Drug Administration approved a new laser for use in vision correction surgeries.
Investor: MSC.Software Should Explore Alternatives
A large shareholder in Santa Ana-based MSC.Software Corp. said on Tuesday the maker of industrial simulation software should “explore strategic alternatives”—including a possible sale.
Two Olenicoff Bankers Indicted in Tax Evasion Case
Two bankers employed by Newport Beach-based developer Igor Olenicoff are under criminal indictment for allegedly helping the Olen Properties Corp. founder and president hide assets and evade taxes, according to reports.
Valeant Up on Epilepsy Drug Results
Shares of Valeant Pharmaceuticals International closed up 5.5% on Tuesday on positive trial results for retigabine, an anti-epilepsy drug.
Analyst Upbeat on Allergan, Alcon, Cautious on Advanced Medical
Irvine's Allergan Inc. and Alcon Inc., which has some 500 workers in Irvine, could see continued growth, an analyst said Monday.
More Latest Local News...
|
|
Specialty Page Featured Advertisers
|
|
|
|
|
Freddie Mac Loss Widens Less Than Feared
Freddie Mac posted a smaller-than-expected quarterly loss on Wednesday and the second-biggest home-financing company said it would raise capital as credit losses deepened. Its shares rose more than 9 percent. |
Macy's Affirms Full-Year Forecast, Shares Rise
Macy's Inc. reported a quarterly loss on Wednesday, hurt by restructuring costs and falling sales, but the department store operator stood by its full-year earnings forecast, and its shares rose 7 percent. |
MBA: Mortgage Applications Rise in Latest Week
Mortgage applications rose for a second consecutive week, fueled by a jump in demand for home refinancing loans as interest rates dropped, an industry group said on Wednesday. |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
Temp: 67°F |
| Currently: Mostly Cloudy |
| Forecast |
|
| |
| |
66.20