Stories for December 2004
Thursday, December 30
San Diego-based chip startup Staccato Communications Inc. named former Broadcom Corp. executive Marty Colombatto as chairman.
New Year's resolution for U.S. equity investors: get crude back in your sights.
Irvine-based Newport Corp., which makes equipment used to produce semiconductors, said a goodwill write-down at one of its units will spur a deeper than expected fourth-quarter loss.
The tsunami that has devastated coastlines around the Indian Ocean could cost as much as $14 billion and economists have begun to revise down some growth estimates.
Wednesday, December 29
The U.S. arm of Japan's Kyocera is laying off 160 workers in San Diego and moving more of its manufacturing to a maquiladora it operates in Tijuana.
Walt Disney Co. is launching an anticipated global advertising campaign for its theme parks for the 50th anniversary of Disneyland Park, which opened in Anaheim in 1955.
Medical device maker set to shutter German plant, move operations to Irvine headquarters.
Irvine-based women's clothier St. John Knits International Inc. said it loaned Chief Executive Richard Cohen and his wife $2 million to buy a home in California.
Laguna Hills-based Formulated Sciences Inc. has sued Philadelphia Eagles receiver Terrell Owens for $35 million. The suit charges that Owens failed to follow the terms of an endorsement deal he signed when he was playing for the San Francisco 49ers in 199
Sales of existing U.S. homes rose unexpectedly to a record high in November and prices surged as low mortgage rates fueled home-buying, a trade association report showed on Wednesday.
Tuesday, December 28
The Anaheim Angels were hit with a luxury tax for the first time, after owner Arte Moreno boosted player spending.
Samsung Group, South Korea's largest conglomerate, said Tuesday it will increase its investment to 21.2 trillion won (US$20.3 billion) next year, up 15.2% from this year.
Mazda North Amercian hopes change will boost design and development locally.
The Conference Board's consumer confidence index rose to 102.3 in December, the highest level since July and up from November's revised reading of 92.6. Improved employment opportunities and cheaper energy were cited for the gain.
Monday, December 27
Mortgage lender Ameriquest continues giving to GOP With latest donations.
Lawyers sue chipmaker in New Jersey, where it was based before moving back to Newport Beach in December.
Ingram Micro names president of North America region for computer products distributor.
Monday, December 20
Sales growth is expected to slow next year; PacSun's Seth Johnson is the person to watch; Village at Orange and Buena Park Downtown are the malls to watch
Big healthcare companies have a lot on their plates going into next year;
Banks could benefit in the near term from higher interest rates; First Vietnamese American Bank's Hieu Nguyen is the person to watch; Sunwest is the bank to watch.
Roy's sushi gives Hawaiian eatery another Asian influence. Executive Dining by Fifi Chao
Healthcare policy in President Bush's second term is the focus of a UCI conference, in the Healthcare column by Vita Reed
The county's manufacturers should see growth next year, but staffs won't expand too much; Raj Manufacturing is the company to watch.
Incentives offered by homebuilders get some national play, in the Real Estate column by Mathew Padilla
Happy holidays,here's your new BMW, in the Marketplace Column by Sherri Cruz
Industry veteran Ivan Spiers has signed an Irvine lease for his n'Zania operation
Heil-Brice did marketing work for Ralphs' Hispanic vendor thank-you, in the Media & Marketing column by Sandi Cain
Housing issues will be central for local governments next year; Anaheim Mayor Curt Pringle is the politician to watch; Santa Ana is the city to watch
It could be a record-breaking year for the travel industry; Montage's Alan Fuerstman is the person to watch; Newport Beach is the city to watch.
CHARTS: Net Absorption; Vacancy Rates; Average Asking Lease Rates
It's going to be a mixed bag for chip, PC and software makers; Broadcom's Scott McGregor is the person to watch; Jazz Semiconductor is the company to watch
The prospect of higher interest rates looms large for next year; Opus West's Paul Marshall is the person to watch; Centra Realty is the company to watch
It's time for the U.S. to make a serious effort at a congressional cleanup, a Viewpoint by Eldon Griffiths
Tech bellwether Ingram Micro affirmed its earnings outlook, in the Technology column by Andrew Simons
A rebounding Asia is seen boosting exports next year; China is the market to watch
Wednesday, December 15
Monday, December 13
David Wilson Automotive has plans for a Lexus dealership just a stone's throw from Fletcher Jones Motorcars
Edwards Lifesciences pushed back the timeline on a key heart valve trial
Interest groups and politicians are starting to battle over what government reforms make it onto a ballot expected late next year,
A long-anticipated crackdown on workers' compensation insurance fraud is yielding some results as more employers, contractors, insurance agents and medical providers have been targeted for investigation and prosecution.
Al Punto Advertising is planning an Hispanic art museum at its headquarters.
Windstar was first to build in the Platinum Triangle after all. Real Estate by Mathew Padilla
MSC.Software put off one suitor, but others could be in the wings
Toyota's Scion launch was a hit in OC. Marketplace by Sherri Cruz
The outlook for PC sales looks a little weaker than previously expected. Technology by Andrew Simons
Allergan has a new supplier for its anti-glaucoma drugs. Healthcare by Vita Reed
Lennar's Jon Jaffe has big responsibilities as the homebuilder's new operations chief
Tabu Grill is a tiny tropical charmer. Executive Dining by Fifi Chao
Monday, December 6
Miramar Venture Partners has hired an entrepreneur-in-residence to build companies from the ground up
OpVista has a new chief executive, in the Technology column by Andrew Simons
Argus Realty picked up an Arizona office building despite higher bids from others, in the Real Estate column by Mathew Padilla
Power rates still are high four years after the energy crisis
Homebuilders recorded speedy sales at Woodbury in Irvine
Eastern European intrigue cost Valeant Pharmaceuticals plenty in the late 1990s,now it could recoup some of its losses
Selling off the National Helium Reserve will be a boon to taxpayers. VIEWPOINT by Christopher Cox
Analyst: PacifiCare could escape the scrutiny of New York Attorney General Eliot Spitzer's investigation into the insurance industry, in the Healthcare column by Vita Reed
Some homebuilders are tossing in extras that buyers normally have to pay for,
Tam Produce has closed its Fullerton repacking plant after union contract talks broke down
Ferrari & Maserati of Orange County is opening a dealership on Pacific Coast Highway in Newport Beach, in the Marketplace column by Sherri Cruz
Jerrod Blandino has come a long way for someone whose idea of beauty is Marcia Brady
Kanatsiz Communications hired a political veteran to head up a new public affairs unit, in the Media & Marketing column by Sandi Cain
Smell the fresh bread? Panera opened in Irvine, in the Executive Dining column by Fifi Chao