Stories for March 2002
Monday, March 25
Unbuckle your seat belts: the worst is over. That's the consensus among Orange County's advertising executives, who say the first quarter shows some signs that the economy is coming around.
If it were up to officials at Powerwave Technologies Inc., there wouldn't be a stretch of highway where your wireless phone couldn't be used. And, after a year of declining sales and losses, the maker of power amplifiers for wireless networks hopes to hav
Despite the nascent economic recovery, Orange County securities litigators likely will be busy for some time handling a surge in shareholder class-action lawsuits that started hot on the heels of the dot-com meltdown in 2000 and accelerated during the 200
The owners of Prudential California Realty were looking for a buyer, and boy, did they find one.
IOGear Taps Ingram for Southward Push; Stomp in Temporary Digs After Fire
UCI to Host Session on Health Plan 'Report Cards'; Local IPA Contracts Sold
Ristorante Rumari Reopens With a Benefit; Cooking Class at Florence Italian Cuisine
The Irvine Company and Mayor Larry Agran have a new critic of a big development proposed near the former El Toro base,Agran's predecessor as mayor, Christina Shea.
The first of two public debuts of eye-device companies with Orange County ties came last week when Alcon Inc. completed a $2.3 billion initial public offering on the New York Stock Exchange.
Birtcher Grabs Lake Mission Viejo Complex; Olson Doing Brea Day Spa
Irvine chipmaker Microsemi Corp. plans to merge some facilities and shed businesses after posting its first down year in eight years in 2001.
But 2001 Wasn't the Debacle for All That It Was for Some; Y & R; Tightens Its Grip on No. 1
Anthony "Tony" Pritzker,part of Chicago's ultrarich Pritzker family,says he loves finding troubled companies and turning them around. Now he has $300 million to spend on his passion.
Santa Ana-based PacifiCare Health Systems Inc. plans to end 2002 with its headquarters in a new city,Cypress. The healthcare services provider is doubling up its corporate operations and its California business in Cypress as part of a larger bid to impro
Extract the flashy marketing booths, bikini babes and bottles of beer from an Action Sports Retailer Trade Expo and what do you get? ASR's new baby: Back2Skool, a boutique show held last week at the Waterfront Hilton Beach Resort in Huntington Beach.
Homebuilder D.R. Horton Inc. has neighbors to thank for its proposed Canyon Oaks community in Anaheim Hills. The Corona office of the Arlington, Texas-based company plans to build 106 single-family homes in the Maag Ranch section of Anaheim Hills.
Santa Ana Mayor Miguel Pulido has a big vision born of one of his pet projects, the International Business Center in his city's downtown.
Zator Leaves T & O; For Who's Calling; Holland On Own After Nine Dots Closure
Newport Beach-based Western Realco and Bixby Land Co. of Long Beach have bought 227 undeveloped acres in Redlands with plans for a big business park.
After Alcon Inc.'s public debut last week, next up is Advanced Medical Optics Inc., a planned spinoff from Allergan Inc., the Irvine-based drug maker.
Monday, March 18
The vast majority of shareholder lawsuits get settled. Even with those odds, the case of some well-known Orange County investors against Broadcom Corp. starts out with an uphill fight.
Richard Gadbois says it's been tough going since he left his cushy job at Merrill Lynch & Co. to become a partner at a startup money management firm catering to wealthy clients.
Despite skepticism about the recovery, high private company valuations and tight credit markets, Michael Kaye, managing partner at Newport Beach-based ClearLight Partners LLC, said he plans to open his checkbook this year.
Excellence in Entrepreneurship Awards. Special Report
The Pros, Cons of Consumer-Driven Benefits; OC Startups Present at Confab
Orange Inn at Quiksilver Result of Surfing Ties. For Quiksilver Inc.'s Bob McKnight, there was,and still is,nothing better than the Orange Inn in Laguna Beach.
I'M HAVING A NIGHTMARE IN WHICH AL GORE IS PRESIDENT... Editorial by Rick Reiff
Orange County's largest defense and aerospace contractors employ more than 20,000 people here working on everything from fighter jets to stronger cockpit doors on commercial planes.
QLogic's Anderson Takes Microsemi Seat; Axiom Buys Location Tracker Traxsis. TECHNOLOGY by Andrew Simons
Chef of the Year Garnishes His Asian-European Fusion With an Island Ethic.
For the past week, Orange County's civic and charitable circles have been abuzz over a $50 million stock-fraud suit by prominent philanthropists against two even bigger philanthropists, Henry Nicholas and Henry Samueli, and their Broadcom Corp.
Residential Land Brokers Keeping Busy; OC Rated 37 of 61 on Office Costs. REAL ESTATE by Daniel D. Williams
Anaheim-based Odetics Inc. has entered escrow on its headquarters site, 16 acres across the street from Disneyland.
Los Angeles-based The Capital Group Cos. said it's sticking with plans for a big Irvine office campus after a court setback on issues raised by a local environmental group.
Two of Orange County's familiar real estate names,John Parker and Erik Hansen,have teamed up.
Excellence in Entrepreneurship Awards. Special Report AND THE WINNERS ARE ... - Daryl Carter, Capri Capital. - Jim Madden, Exult Inc. - Doug Cavanaugh, Ruby Restaurant Group. - Raymond Cohen, Cardiac Science Inc. - Matthew Stewart, National Service G
Irvine's Intersil Corp. may have moved to Orange County just two years ago, but it could turn on its heels and leave.
Monday, March 11
Fountain Valley-based JMG Security Systems offers quarterly seminars to introduce security decision-makers to new products.
Buena Park Mall,once left for dead in the county's changing retail landscape,is entering the final stages of a five-year, $70 million makeover.
The management team is in place. An initial stock price range has been set. Federal filings have been updated. The only question is when Costa Mesa-based ICN Pharmaceuticals Inc. finally will spin off Ribapharm Inc.
Irvine-based surgical laser maker Trimedyne Inc. is suing Israel's Lumenis Ltd. alleging antitrust violations, patent infringement, trade libel and other charges.
Companies are taking a new look at electronic security as a rush to add guards after Sept. 11 proved too costly to maintain, industry officials say.
St. Jude Medical Center in Fullerton plans to spend some $160 million in the next six to seven years expanding its North Harbor Boulevard campus to meet demand for service, new earthquake safety requirements and changes in how healthcare is delivered.
ViewSonic Corp., a Walnut-based maker of computer monitors and other display products, received an undisclosed amount of funding from Intel Corp.'s venture capital arm late last month.
Review of the Play, Lobby Hero, at the South Coast Reperatory Mainstage
Orange County, with its reliance on tourism, could end up losing some 27,000 jobs as a result of Sept. 11, according to a recent study by The Milken Institute, a Santa Monica think tank.
Safety & Security: The Staples Center in downtown Los Angeles has security issues...
Two prominent Orange County technology executives made the rounds in Washington, D.C., last week, talking up an issue they see as key to their future: nationwide broadband Internet access.
EXECUTIVE DINING by Fifi Chao. Sign On or Register now to view. It's FREE!
Nearly half of California's small businesses believe the state is an unfriendly environment for them, but two-thirds expect to increase revenue and earnings this year.
The founder of the 1940s-style Ruby's diner chain and the chief of a human resources service for big companies were among the honorees at the Business Journal's first Excellence in Entrepreneurship Awards held last week.
EAgency Marketing with Blackberry; ESynch Adds Online Payments. TECHNOLOGY by Andrew Simons
Warm weather in Southern California and elsewhere has been a pleasant surprise for surfwear makers and retailers facing an otherwise cloudy market for their wares.
Jostra Bentley Corp., a cardiopulmonary unit of German medical device maker Jostra AG, is moving its headquarters and about 30 jobs from Irvine to The Woodlands, Texas.
Safety & Security: Security companies have been so inundated with calls demanding high-end security systems that existing projects are being put on the back burners to accommodate the immediate need.
Bank of America Corp. veteran Tara Balfour has come back to Orange County with a decidedly different mission than her predecessors: growth
Gil Amelio, one of Orange County's newest venture capitalists, has taken an office in Newport Beach startup Net Toaster Network Corp.
Sares Regis Opens Latest Building; Aslan Buying, Upgrading Apartments. REAL ESTATE by Daniel D. Williams
Despite a fourth quarter standstill in tourist-related industries, hotel sales in Orange County in 2001 kept pace with the previous year ...
George Krikorian says there's nothing wrong with the movie theater business. All those bankruptcy filings by the big boys just reflect expansion plans that went too far, too fast, he contends.
By Rick Reiff. Sign On or Register now to view. It's FREE
KCBS Offers Deals for OC Advertisers; Buy.com Debuts Magalog, or Is It Catazine? Marketing & Media by Jennifer Bellantonio
Riordan, Lewis & Haden has invested $7 million in Santa Barbara-based Intri-Plex Technologies Inc. in a complex deal worked out by Murray Rudin, head of Riordan Lewis' Orange County office.
JMG Security Systems' 7th Annual Benefit Golf Tournament will be held Wednesday, May 15, at the beautiful Mile Square Golf Course in Fountain Valley.
Edwards Lifesciences Device Studied; Beckman Gets New Software Pact. HEALTHCARE by Vita Reed
Chicago-based Boeing Co. said it is setting up a quick-response facility in Huntington Beach to produce spare parts for the company's C-17 Globemaster III transport plane.
Big-Money Deals Dried Up in 2001, but Smaller Private Inventors Filled the Void
Riverside law firm Best, Best & Krieger is ramping up its Orange County operations, moving its Orange office to a bigger space in Irvine.
Monday, March 4
JOHN Q - A New Line Cinema film. Directed by Nick Cassavetes. Starring Denzel Washington, Robert Duvall, James Woods, Anne Heche and Ray Liotta
Technology investor and developer Acacia Research Corp. has relocated from Pasadena to Newport Beach, Chief Executive Paul Ryan said.
Temp Agency Reports Wind in Sail; Hilary Kaye Teaching Tattoo Removal
Chapman University has paid $8.9 million for a nearly 200,000-square-foot Orange industrial park as part of the school's long-term expansion plans.
Weekly column by Rick Reiff. Sign on or Register now for FREE!
Irvine-based TCI Solutions Inc., a maker of software and systems for grocery chains, has landed $9 million in funding, according to Chief Executive Lance Jacobs.
Strong demand and scarcity of land has some Orange County homebuilders looking in a new direction: up.
Lake Wales, Fla.-based Citrus World Inc., maker of Florida's Natural and other juices, plans to start another shift at its Fullerton plant and add 10 people or so to its 80-person staff.
Federal regulators have shut down the Internet bank of San Francisco-based NextCard Inc.
Los Angeles-based Fashion Institute of Design & Merchandising plans to move its Costa Mesa campus by midyear, according to a spokeswoman.
Abbey Co. Buys Back Stake; Equity Eyes More Apartment Deals
EXECUTIVE DINING by Fifi Chao. Sign On or Register now to read. It's FREE!
In late 1997, with the memory of one of the most brutal recessions still fresh on their minds, Donald Bren and executives at The Irvine Company set out on a diversification bid they hoped would broaden them from their historical base in Orange County.
The Irvine office of Phoenix-based Snell & Wilmer LLP has added three lawyers to bring its county attorney roster to 49.
Cardiac Sciences Eyes Public Agencies; Tenet Sites Getting Tech Upgrades
Target Corp. plans to add its third store in the North County city by midyear, moving into a site formerly housing a Wards department store on Orangethorpe Avenue near Harbor Boulevard.
Special Report: Orange County environmental engineering companies saw robust growth in 2001, with billings at the 30 largest companies growing 16% to $437.5 million in 2001, according to the Business Journal's list.
A new player,or perhaps referee,has emerged in the environmental debates long dominated by citizen groups, developers and government agencies in Orange County.
Washington, D.C.- based Howrey Simon Arnold & White LLP plans to expand its securities litigation practice from a base in Orange County.