Stories for December 2009

Wednesday, December 30

Regulators Reveiwing Valeant Drug

Aliso Viejo-based drug maker Valeant Pharmaceuticals International said Wednesday its seizure drug retigabine is being reviewed for possible approval by U.S. and European regulators.

Diedrich is 2009's Big Stock; Western Digital Takes Prize by Size

Orange County’s big 2009 winner on Wall Street: Irvine-based Diedrich Coffee Inc.

Monday, December 28

Extended Homebuyer Credit Brings Work for Ad Shop

Hispanic Marketing Firm Moves to Irvine; PR Shop Idea Hall Sees Pickup, Guarded Optimism

Most Branding Development can thank Washington for some additional business, in the Media and Marketing column by Michael Volpe

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Family Run Anaheim GM Dealership Fighting Closure

Mercedes-Benz Opens Dealership in Foothill Ranch; Triangle Square Gets New Lifeblood

Anaheim’s Hardin Buick Pontiac GMC won’t go quietly into the night, in the Marketplace column by Sherri Cruz

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PEOPLE

Hirings, promotions and other moves at local businesses

KUDOS

A look at people, companies and institutions receiving awards, accolades, grants and other honors

NEWS OF THE WEEK

This past week’s news from www.ocbj.com and other sources

Online Game Developer Moving Headquarters to Austin

Ready at Dawn Selling Game Development Software: Emulex Tapped as Stock Pick for 2010

True Games Interactive is moving its headquarters from Irvine to Austin, Texas, in the Technology column by Sarah Tolkoff

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Collectors Universe’s Restructuring Appears to be Paying Off

SERVICES: Collectors Universe cuts expenses, buys back stock

Collectors Universe’s stock is up 200% in 2009

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Bay Area’s Fremont Bank Opens Aliso Viejo Mortgage Office

FINANCE: Fremont dodged mortgage meltdown, hires 20

A Northern California bank has opened a mortgage lending office in Aliso Viejo

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Bigger BJ’s

Pizza, Brewery Chain Eyes More Restaurants in California, Texas; Q3 Sales Down Slightly

Brewery and casual dining chain BJ’s Restaurant seems to be one of the few still expanding

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Revived Farrell’s Plans More Local Restaurants

DINING: Chain popular in ’70s working with Simon on mall spots

Farrell’s Ice Cream Parlour plans more local restaurants

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J&J Unit ASP Acquires European Company

HEALTHCARE: Gloster Europe makes hospital disinfecting devices

The Irvine unit of Johnson & Johnson made an acquisition

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Lake Forest Candle Maker Seeing Growth, Albeit Slower

Wastewater Treatment Maker’s Business Booms; Pro-Nine Registers Drop in Baseball Sales

Voluspa candles: company grew revenue 5% to $10 million in 2009. The Small Business Column by Dan Beighley

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Dendreon Speeds Up Construction of Seal Beach Plant

Motley Fool Sees Potential in Spectrum; Cianna Breast Cancer Device Sees Positive Results

Drug maker Dendreon expects to finish a Seal Beach earlier than previously thought, in the Healthcare column by Vita Reed

REAL ESTATE WATCH: South Orange County

Depressed Market Opens Buying Opportunities in South County

A depressed market has created buying opportunities in South County, in Real Estate Watch

REAL ESTATE DEALS

Sales and leases of offices, industrial buildings, retail space and apartments

Nobody Can Afford It

VIEWPOINT

A local doctor thinks no one can afford Congress’ healthcare bill, in Viewpoint

Idled, Laing Housing Projects Back on Market in 2010

Snyder Langston Affiliate Builds Senior Living; Erika Records Moving HQ to Buena Park

Irvine’s Woodbury East housing development will be one of the busier areas in OC for home construction in 2010, in the Real Estate column

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Hoag: VIPs’ Last Stop; Nicholas Deal? New Year Predictions

OC Insider Column by Rick Reiff

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CIRCUS COUP

Great Park Snags Cirque du Soleil With Free Rent

The Great Park offered Cirque du Soleil an offer it couldn’t refuse

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New Valve Continues To Drive Gains for Edwards

HEALTHCARE: Sapien device grows in Europe; 2011 U.S. target

There’s been a big run-up in the stock price of Irvine heart valve maker Edwards

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Clothing Makers, Retailers Close Books on Tough ’09

APPAREL: Action sports industry rides out worrisome holiday season

Holiday cash registers closed last week with a mix of fear and hope for sellers and makers of clothes inspired by surfing, skateboarding and snowboarding

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CES Brings the Party Back to Las Vegas

TECHNOLOGY: Vendors, buyers to ramp up spending at annual show

Local technology companies set to attend CES in Las Vegas next week say the massive trade show is starting to shake off the hangover of 2009

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Inside Standard

Tight-Knit Team at No-Frills Homebuilder; Employee Band at Barbecue

A Business Journal Corner Offices feature on Standard Pacific

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AROUND THE COUNTY

Projects in and around OC, in Around the County

Tuesday, December 22

Inside Memorial

Veterans Lead Hospital Operator; Training, Grooming from Within

CA Corner Office feature on Fountain Valley’s MemorialCare

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Panasonic Unit Eyes Space Options for HQ

REAL ESTATE: Maker of in-flight entertainment could take 425,000 sf

Lake Forest’s Panasonic Avionics is one company local office landlords and developers will be keeping a close eye on in 2010

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NEW Year, Outlook

An Overview

An Overview of this special section - a 2010 Preview

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Monday, December 21

Bright Now Dental Parent Going Public with $144M Offering

The parent of Santa Ana-based dental services company Bright Now Dental Inc. has filed plans to go public and raise up to $144 million in what could be the first major stock offering here since late 2007.

Monday, December 14

Can’t Be Any Worse

Next Year Should See Subtle Pick Up in Sales, Personal Income; Closing Books on Dismal ’09

2010 Preview - Retail

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SEC Suit Last Legal Hurdle for Samueli

LAW: Litigation on hold, could be swayed by stunning criminal win

A look at why Henry Samueli’s guilty plea was tossed aside,

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Exactly What Did Henry Say? Museum’s General and Troops

OC Insider Column by Rick Reiff

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Allergan Leading Campaign Against ‘Botax’

HEALTHCARE: Reform bill has 5% levy on cosmetic procedures

Allergan and others are fighting a proposal to tax cosmetic medical procedures

Rugged Computer Maker Getac Moves to Irvine

TECHNOLOGY: Spectrum beat D.C. locale; co. doubled sales in ’09

A local maker of rugged computers moved last week to Irvine from Lake Forest

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Low-Profile Gelbaum Spurs Local Curiosity

FINANCE: Multimillionaire new to many; mentor Thorp speaks

Newport Beach investor David Gelbaum is halting nearly $100 million in yearly gifts

NEWS OF THE WEEK

This past week’s news from www.ocbj.com and other sources

PEOPLE

Hirings, promotions and other moves at local businesses

Boost Wraps Up Big Year in Marketing, Plans More

Transworld Closes Tustin Office, Shifts to Carlsbad; Echo Media Wins Wahoo’s, Two Others

Boost Mobile credits a marketing push for helping it gain more than 2 million customers this year through September, in the Media and Marketing column by Michael Volpe

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Survey: Employers Tweak Health Plans to Bring Down Costs

Beckman Coulter to Cut Jobs at Texas Factory; Norman Ornstein to Talk at UCI Conference

OC and Southern California employers are looking to make changes to their health benefit plans to keep costs down, in the Healthcare column by Vita Reed

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Anaheim Sheet Metal Manufacturer Lands New Digs

Thompson National Properties Launching Unit; RiverRock Expands Management Portfolio

An Anaheim-based sheet metal manufacturer has acquired a new headquarters for itself, in the Real Estate column by Mark Mueller

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REAL ESTATE WATCH: South Orange County

Depressed Market Opens Buying Opportunities in South County

A depressed market has created buying opportunities in South County, in Real Estate Watch

REAL ESTATE DEALS

Sales and leases of offices, industrial buildings, retail space and apartments

Mild Rebound Seen for Consumer, Corporate Spending

2010 PREVIEW - TECHNOLOGY

Commercial Slide To Continue, Housing Poised for Rebound

2010 PREVIEW - REAL ESTATE

Manufacturing Seen Declining Slightly After Big 2009 Drop

2010 PREVIEW - MANUFACTURING

Weak Dollar, Global Rebound Could Spur Exports

2010 PREVIEW - TRADE

First Half Hangover May Give Way to Late 2010 Bounce

2010 PREVIEW - TOURISM

Meltdown Seen Lingering Before Giving Way to Growth

2010 PREVIEW - FINANCE

Congressional, State, County Board Races Set To Dominate

2010 PREVIEW - GOVERNMENT

Sage’s North American Sales Down 10% to $889 Million

Irvine Maker of Micro Machines Nabs One More Patent; Netlist Slapped With a Countersuit

Sage Software saw a drop in sales for the 12 months through September, in the Technology column

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Monday, December 7

Year In Review - How We Did

The Business Journal Assesses Its 2009 Picks to Watch

The Business Journal takes stock on how our year-ago “picks to watch” panned out, including STEC, Loretta Sanchez and Grubb & Ellis, in Year in Review

REAL ESTATE DEALS

Sales and leases of offices, industrial buildings, retail space and apartments

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REAL ESTATE WATCH: Airport/Central Coast Area

Airport Area Warehouses Saw More Declines in Third Quarter

Airport area warehouses saw more declines in the third quarter, in Real Estate Watch

Grubb & Ellis Takes Over Leasing for Maguire Office

Shopoff Trust Buys Land in Riverside; Sares-Regis Property Management Adding Business

Grubb & Ellis grabbed new business after one of Maguire Properties’ distressed office properties in Irvine was put into receivership, in the Real Estate column by Mark Mueller

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Auto Dealers See Narrowed Losses in October Sales

Local Malls Attracting New Tenants; Irvine Company Gives Out Coupons to Attract Shoppers

It’s been a horrible year for automobile sales, but it looks like the bad is getting a little better, in the Marketplace column by Sherri Cruz

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Shea Focuses on Technology to Market to Homebuyers

Westinghouse Digital Ups Marketing to Lure TV Buyers; Taco Bell, 50 Cent Settle Lawsuit

Shea Homes is trying to sell more homes by not focusing on sales, in the Media and Marketing column by Michael Volpe

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MarketWatch: Healthcare Reform Won’t Hurt Profits

Spectrum Nabs Another Development Partner; Quality Systems Promotes Execs From Within

MarketWatch says healthcare reform won’t hurt profits, in the Healthcare column by Vita Reed

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Report: Chip Industry in Recovery From Dismal 2009

DDi Buys Canadian Printed Circuit Board Rival; Mobile Edge Announces Line of Green Bags

The chip industry is slowly emerging from its worst downturn since 2001, in the Technology column

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PEOPLE

Hirings, promotions and other moves at local businesses

End of Year Reflections on Favorite Restaurants, Decor

Gift Giving Ideas for the True Foodies; Tiger Woods Delights with Guest Chef, Sheryl Crow

The latest on OC’s dining scene, in the Executive Dining column by Fifi Chao

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Fiesta Insurance Plans 18 New Stores after Sales Growth

Fountain Valley Recording Space Attracts Rock Stars; Jazzy Toilet Designs Covers Clear Tanks

Sound Matrix Studios had its best year ever as rockers flood its rehearsal and recording space, in the Small Business column by Dan Beighley

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Medical Lab Buys Cypress Buildings

HEALTHCARE: Consolidated pays $3.2M for lab, office space

A local medical laboratory has bought two buildings in Cypress

Hybrid Parts Maker Quantum Plans Irvine Solar Panel Plant Next Year

ENERGY: Plant hinges on $20M investment, could employ 100-plus

Quantum Fuel Systems is looking to build a solar panel plant in Irvine

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Epic Downturn Rings Up 7% Sales Decline at Shopping Malls

Taxable sales were down for the 12 months through June at the county’s biggest malls

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Broadcom Buy Aimed at Emerging Market for Cloud Computing

Broadcom is acquiring Dune Networks

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Networks in Motion: Bragging Rights with Buyout

TECHNOLOGY: $170M sale seemingly tops for OC tech startup

Networks in Motion was bought for $170 million last week

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Ensign Raises $40M To Buy Nursing Homes

HEALTHCARE: Company now runs 77 sites; $540M in revenue

A look at the relatively low-profile nursing home operator Ensign Group

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Patient Bean Counting: Diedrich’s Big Winner; Grippo’s New Guy

OC Insider column by Rick Reiff

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Costa Mesa Wyndham Fetches $21M at Auction

REAL ESTATE: Hong Kong group pays $1 over base bid

The Wyndham Orange County hotel in Costa Mesa’s arts district has been sold at a foreclosure auction

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Suzuki’s U.S. Bid May Hang on Sedan’s Success

AUTOMOTIVE: Kizashi out this month, marketing push in works

The 2010 Kizashi sedan may be the most important auto launch in American Suzuki Motor’s history

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NEWS OF THE WEEK

This past week’s news from www.ocbj.com and other sources

Vizio, Buy.com Defy Gloomy Black Friday

A look at how tech products will fare this holiday season

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Taking Flight

Lyon Opens Museum Built Around WWII Plane Collection

This week Gen. William Lyon officially opens a museum of World War II planes, military vehicles, cars and other memorabilia

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