Stories for October 2011

Monday, October 31

Identive Misses on Revenue, Earnings

Santa Ana-based Identive Group Inc. on Monday reported third-quarter revenue and adjusted profits that missed Wall Street expectations.

Mixed Q3 Results for Skilled Healthcare

Skilled Healthcare Group, a Foothill Ranch nursing home operator, posted financial results that met earnings targets but slightly missed revenue projections.

Avanir Seeks European OK on Flagship Drug

Aliso Viejo-based drug maker Avanir Pharmaceuticals Inc. announced that it is applying for European marketing authorization of its Nuedexta drug.

Iteris Buys Traffic Management Company in Berkeley

Santa Ana-based Iteris Inc., which makes traffic-management sensors, systems and other gear, has acquired a Northern California company that analyzes transportation systems.

Sabal Gets Loan Portfolios From Feds, Oregon Bank

Newport Beach-based distressed-debt specialist Sabal Financial Group LP acquired a $385 million portfolio of performing and nonperforming loans from the Federal Deposit Insurance Corp.

Sunday, October 30

Allergan Sees Q4 Dip, Miss on Street’s Full-Year Expectation

HEALTHCARE: Ad support on Botox; Lap-Band sales drop

Allergan Inc. sees fourth-quarter dip, miss on Wall Street's full-year expectation

A ‘Princess’ Passes; Prez Hopeful Cain Missing in OC

OC INSIDER Column by Rick Reiff

Jannard Ready for ‘Fist Fight’ With Canon

MEDIA: Bout to start with new products this week

Big fight brewing in camera industry as Red Digital squares off with Canon Inc.

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Surfwear’s Challenge: Core or More?

APPAREL: Some refocus, others chase new niches, retail accounts

Surfwear’s Challenge: Core or More?

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Smith Micro Announces Cuts in Wake of Sales Slide

TECHNOLOGY: Gets most from big cell phone companies

Aliso Viejo-based Smith Micro Software Inc. plans to cut about 20% of work force, close some offices

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Balboa Memorial Set for Teresa Ybarra McIntosh

Memorial set for publisher, trade-show producer Teresa Ybarra McIntosh

Bella Terra Towers’ $76M Tops Campus Sales This Year

REAL ESTATE: Name change back to One Pacific Plaza seen

Bella Terra Towers in Huntington Beach sells for about $76 million

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Effects of Australia Glitch Linger for Ingram Micro

TECHNOLOGY: Low-margin goods, soft Europe also trim Q3

Effects of Australia glitch linger for Santa Ana-based Ingram Micro Inc.

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Questcor Shares Soar on More Prescriptions for Flagship

HEALTHCARE: Company’s sole product costs $40,000 to $100,000

Questcor Pharmaceuticals Inc. shares soar on more prescriptions for flagship

Tech Coast Angels Board Members Hit the Accelerator

K5 Intends to “Fill Void” With Funds, Other Help

Tech Coast Angels board members hit the accelerator, in Technology

By the Numbers - OC’s Insurance Brokers

Insurance brokers, in By The Numbers

Blizzard Schedules Triple Play on New Games for Next Year

TECHNOLOGY: Three games in year a first for company

Irvine-based Blizzard to break new ground next year with release of three games

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ICU Medical’s Unconventional Approach Looks Good

Spends Less on R&D Than Most; Beats Street for Q3

ICU Medical Inc.'s unconventional approach looks good, in Healthcare

Brokers Snap Two-Year Slump With Growth Across the Board

Biggest combine for gains on revenue, jobs, local offices

Brokers snap two-year slump with growth across the board. Includes the 2011 OC's LARGEST INSURANCE BROKERS list for download (pdf)

Greenlight Financial Plans 400 New Hires

FINANCE: Company set for launch of wholesale division

Mortgage lender Greenlight Financial Services to start new division, plans to make 400 new hires

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Brokers Doubtful on State Workers’ Comp Benchmark

INSURANCE: Switch to standard based on market rates this week

Brokers doubtful on state workers' compensation benchmark

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Renovation in Works at Pacific Arts Plaza

REAL ESTATE: Irvine Co. in upgrades on Anton Boulevard

Irvine Company starts to put its fingerprints on Pacific Arts Plaza in Costa Mesa

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Say Good Bye to PainePR, Hello to Citizen Relations

Three Others Under New Name; Global Reach Key

Say goodbye to PainePR, hello to Citizen Relations, in Media and Marketing

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Employers See Some Relief in Smaller Hikes on Premiums

Average bump of 7.2% seen in 2012 for companies here

Employers see some relief in smaller increase on premiums

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ADDENDUM - October 31, 2011

Other items of interest Orange County Business Journal

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Consumers in Spotlight

Can Higher-Deductible Plans Dent HMOs’ Hold on Market?

Rising healthcare costs for employers, prompt some OC employers to consider offering alternative healthcare plans

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MARKET WATCH - October 31, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

No Distress Signal on Auction for Dana Point Cape Cod

More Like Fine-Art Affair; $5 Million Minimum Bid

No distress signal on auction for Cape Cod-style home, in Luxury Homes

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CALENDAR - October 31-November 9, 2011

A listing of events happening all around Orange County.

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Western National Group Buys Into Lower Cap Rates

$95.4 Million for Seacrest; Cap Rate Likely Under 5%

Irvine-based Western National Group buys into lower cap rates, in Real Estate

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REAL ESTATE DEALS

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

Bon Appétit in Brea?

Hopes for Birch Street Pinned on Unique Lineup in Shift to Dining, Entertainment

Real estate investor Dwight Manley counts on unique offerings in shift to dining, entertainment in downtown Brea

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REAL ESTATE WATCH: Inland Empire

Industrial Activity Increases

Pace of activity in I.E. increases significantly during third-quarter industrial market. Includes Real Estate Watch industry performance charts.

Bren Talks About 20-Year To-Do List

REAL ESTATE: Recent events, honor give rare public glimpses

Donald Bren talks about 20-year to-do list

Friday, October 28

Opus Bank Raises $100 Million

Irvine-based Opus Bank raised $100 million in new capital in a round of equity financing led by Chief Executive Stephen Gordon and other prior investors.

Powerwave Shares Fall on Reverse Split

Shares of Powerwave Technologies Inc. plummeted Friday after the Santa Ana company announced a reverse stock split.

Thursday, October 27

Emulex Beats Profit, Revenue Targets

Costa Mesa-based data storage equipment maker Emulex Corp. reported revenue and adjusted profits for the September quarter that beat Wall Street expectations.

First American Financial Misses Estimates

Santa Ana-based First American Financial Corp. fell short of analyst expectations in the third quarter.

Quality Systems Beats Estimates, Splits Shares

Irvine-based medical software company Quality Systems Inc. beat analysts’ expectations for the third quarter and announced a two-for-one stock split before the market opened today.

Australia Operations Hamper Ingram Earnings

Santa Ana-based Ingram Micro Inc. on Thursday reported third quarter revenue in line with Wall Street expectations and adjusted profits that missed estimates.

Newport Corp. Shares Up on Rosy Q4 Revenue Outlook

Shares of Newport Corp. continue to climb Thursday, a day after the Irvine-based company provided a revenue target for the current quarter that beat Wall Street expectations.

Balboa Memorial Set for Publisher Teresa Ybarra McIntosh

Publisher and trade-show producer Teresa Ybarra McIntosh died of cancer on Oct. 11 at her home in Newport Beach.

Wednesday, October 26

El Pollo Loco Names Marketing Chief

Costa Mesa-based El Pollo Loco Inc. has named restaurant and hotel industry veteran Ed Valle its new chief marketing officer.

Allergan Lowers Forecast, Shares Down

Irvine-based drug maker Allergan Inc. forecast current-quarter profit and full-year sales today, with both below Wall Street expectations.

La Jolla Group Restructures, Puts True Love & False Idols on Hold

Irvine-based clothing maker La Jolla Group Inc. has put the True Love & False Idols brand on hold.

Tuesday, October 25

Questcor’s Shares Jump on Strong Q3

Shares of Anaheim-based Questcor Pharmaceuticals Inc. soared today after it reported that third-quarter profits nearly doubled from a year earlier on the strength of more prescriptions for its sole drug.

Broadcom Sees ‘Potential Industry Softness;’ Shares Dip

Shares of Broadcom Corp. fell in afterhours trading Tuesday after the Irvine-based chipmaker provided a fourth quarter revenue outlook below Wall Street expectations.

Ceradyne Beats Expectations, Shares Jump

Shares of Ceradyne Inc. rose today after it beat analyst estimates for the third quarter.

Masimo Shares Fall on Missed Expectations, Trimmed Outlook

Irvine-based medical device maker Masimo Corp. missed analysts’ expectations with its third-quarter results and cut its full-year forecast.

Sunday, October 23

Chronic’s Growth Defies Industry Dip

RESTAURANTS: Chain gains with “Fatty” fare, eyes N.Y.

Chronic Taco Enterprises defies restaurant industry trends, lays groundwork for more

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Software Maker Kareo Sees Big Potential in Small Doctors’ Groups

HEALTHCARE: Changes on reimbursements seen as key

Software maker Kareo Inc. sees big potential in small doctors' groups

Abbott Medical to Stay Under Parent’s Banner After Split

HEALTHCARE: Plan calls for spin-off of branded drugs

Abbott Medical Optics Inc. to stay under Abbott Laboratories' banner after split

First American Offers Deals on CoreLogic

Santa Ana-based First American Financial Corp. offers to buy back all or part of CoreLogic

Vizio Starts Road Show to Offer Samples of 3D TV

MARKETING: Hotels, bars, restaurants new proving grounds

Irvine-based Vizio Inc. starts road show to offer samples of 3D television

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ADDENDUM - October 24, 2011

Other items of interest Orange County Business Journal

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CALENDAR - October 25-November 2, 2011

A listing of events happening all around Orange County. October 25-November 2, 2011

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Iteris Lands Traffic-Management Contract in Virginia

$10 Million Deal With State Transportation Department

Iteris Inc. secures $10 million contract from Virginia Department of Transportation, in Technology

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Mitsubishi ‘i’ Campaign: Electric Car Is New Normal

National Print, Digital Ads Created in Illinois Town

Mitsubishi ‘i' campaign: electric car is new normal, in Media and Marketing

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Think Together Head Gets Boost in Forbes Magazine

Bren Calls Program Chief “Innovative, Dedicated”

Philanthropy Column by Sherri Cruz

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Davenport Steps Up With Big Office Deal in I.E.

Davenport Buys 200,000 SF in Riverside From Turner

Davenport Partners completes largest office buy seen in I.E. so far this year, in Real Estate

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Sabra Health Care Says Latest Buys Trump Medicare Cuts

Adds Two Nursing Homes, Assisted Living Facility

Sabra Health Care REIT continues to make deals as it approaches first anniversary, in Healthcare

REAL ESTATE WATCH: THE MID-COUNTIES MARKET

Mixed Signals in Mid-Counties

Mixed signals in mid-counties

REAL ESTATE DEALS

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

PLAIN VANILLA

Spotty Recovery, Market Swings Leave Advisers With Little Appetite for Risk

Plain and simple: little room for risk.

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Financial Advisers Post Another Slight Gain on Registered Reps

Wells still No. 1; BofA just shy of Morgan Stanley

ABOUT THE LIST. Advisers post another slight jobs gain on registered representatives. Includes the 2011 OC's FINANCIAL ADVISERS list for download (pdf)

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Real Estate, Emerging Markets Get Attention as Stocks Flail

Both sectors hit hard in recession; still more thought than action

Market swings, spotty economic recovery led OC financial advisers to take another look

Edwards: ‘Any Day’ on FDA Approval for Heart Valve

HEALTHCARE: Dismisses recent doubts, sets sales projection for first year

Edwards “fully prepared” to introduce replacement heart valve, expects FDA decision “any day”

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Crystal Cathedral Could Pick Winner in BK Auction

REAL ESTATE: Bids for 40-acre campus already top total debt

Crystal Cathedral Ministries could pick winner in bankruptcy auction

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Powerwave in Sale-Leaseback on Santa Ana HQ

REAL ESTATE: Deal struck before recent hit to shares

Powerwave Technologies Inc. in sale-leaseback on Santa Ana headquarters

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Audio Advance

SRS Aims for Hollywood, Music Business

SRS Labs Inc. aims for Hollywood, music business

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Hoag Biotech Deal; Ritz Must Move; Irvine Co. Departure

OC INSIDER Column by Rick Reiff

M-Flex to Sell HQ, Relocate Within OC

REAL ESTATE: China plants reshape needs; search ongoing

Multi-Fineline Electronix Inc. plans to sell Anaheim HQ, relocate elsewhere in Orange County

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Reason to Be Ready as Chung Plans Battery Factory

MANUFACTURING: Investor’s broad plan looks centered here

OC cities should be ready to pitch battery magnate, investor Winston Chung

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Friday, October 21

First American Offers to Buy All or Part of CoreLogic

Santa Ana-based First American Financial Corp. has offered to buy back all or part of neighboring data services and analytics company CoreLogic Inc., the title insurance company said on Thursday.

Unemployment Down in September

Orange County’s unemployment rate fell last month, as September showed a pickup in hiring.

American Vanguard Gets Defoliant From Bayer

Newport Beach-based agriculture products and specialty chemicals maker American Vanguard Corp. acquired the international business of Bayer CropScience’s cotton defoliant tribufos.

Thursday, October 20

BJ’s Restaurants: 15 New Openings Next Year

Huntington Beach-based restaurant operator BJ’s Restaurants Inc. has plans to open as many as 15 new restaurants next year.

Pacific Premier’s Profits Up

Costa Mesa-based Pacific Premier Bancorp Inc. reported increased profits for the third quarter.

Fisker Gets Green Light on Karma

Deliveries of Anaheim-based Fisker Automotive’s Karma luxury hybrid sedan have begun now that the automaker has certification from the Environmental Protection Agency on the vehicle’s emissions and drive range.

First American Offers to Buy All or Part of CoreLogic

Santa Ana-based First American Financial Corp. has offered to buy back all or part of neighboring data services and analytics company CoreLogic Inc., the title insurance company said on Thursday.

Wednesday, October 19

Western Digital Beats Estimates, Faces Concerns on Thailand

Irvine-based disk drive maker Western Digital Corp. beat Wall Street revenue and profit expectations in the September quarter.

Edwards Lifesciences Beats Estimates

Irvine-based Edwards Lifesciences Corp.'s third-quarter results surpassed analysts’ expectations.

Abbott Splitting; Santa Ana Unit to Retain Corporate Name

Abbott Medical Optics, a Santa Ana-based eye-device unit of Abbott Laboratories in Chicago, will remain under the Abbott name in a company split announced today.

Tuesday, October 18

Investors Hammer Powerwave Shares

Shares of Powerwave Technologies Inc. plummeted in afterhours trading Tuesday after the Santa Ana company made a drastic cut on its expectations on revenue for its recently ended quarter.

Taco Bell Names Head of Marketing

Taco Bell has appointed a veteran of a sister chain to head up its marketing.

Ingram Lowers Q3 Profit Target, Shares Sink

Shares of Ingram Micro Inc. plummeted Tuesday after the Santa Ana-based company lowered its third quarter profit projections as it deals with system issues in Australia.

UCI Gets $10M Gift From Faculty Member

A University of California, Irvine, professor who is an ordained Roman Catholic priest and has worked to establish common ground between science and religion in the debate over evolution donated $10 million to the School of Biological Sciences there.

ADDENDUM - October 17, 2011

Other items of interest Orange County Business Journal

Monday, October 17

Grubb & Ellis Strikes Financing Deal with Island Capital Unit

Santa Ana-based Grubb & Ellis Co. said on Monday it had struck a financing deal with Irving, Texas-based C-III Capital Partners LLC, and is in negotiations with the real estate investor “regarding a strategic transaction” with the commercial brokerage.

Edwards Disputes Comments on Sapien

Shares of Edwards Lifesciences Corp. fell today on reports that a Food and Drug Administration decision on its highly touted Edwards Sapien heart valve could be delayed until next year.

Sunday, October 16

Public Cos. Return to Big Numbers

ECONOMY: 42% jump in revenue biggest since 2008

Fastest-growing public companies combined for 42% gain in revenue over two-year period. Includes the 2011 OC's FASTEST-GROWING PUBLIC COs list for download (pdf)

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By the Numbers OC’s Publicly Traded Companies

Publicly Traded Companies Tracked in OC

Sensing Growth at Masimo

Among Top Sales Gainers Here, Looks Poised for Repeat

Masimo Corp.’s sales pulse quickens

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Tale of Two Tenant Types for Office Market

REAL ESTATE: Small bargains; premiums start at 50,000 sq. ft.

Tale of two tenant types for office market

REAL ESTATE WATCH: WEST ORANGE COUNTY

Weak Showing for Manufacturing & Warehouse in West OC

Weak showing for manufacturing and warehouse in West OC

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Healthcare Reform Gets Bad Prognosis; Guv Says ‘Thanks’

OC INSIDER Column by Rick Reiff

Concerns on Water Quality Drive Gain on Filter Sales

MANUFACTURING: Seychelle sells to tsunami survivors, military

How Seychelle Environmental Technologies Inc. landed the No. 1 spot. Includes the 2011 OC's FASTEST-GROWING PUBLIC COs list for download (pdf)

How Is Healthcare’s Chance for Next Year’s List?

Healthcare companies continue to make up a large part of the Business Journal’s annual list of fastest-growing public companies based here. Includes the 2011 OC's FASTEST-GROWING PUBLIC COs list for download (pdf)

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Home Healthcare Faces Cuts, Accusations on Medicare

Industry Rocked as Senate Report Alleges “Gaming”

Home healthcare sector faces cuts, accusations on Medicare, in Healthcare

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Acacia All Over Amazon Inc. in Case of New Kindle

Newport Beach Licensing Firm Eyes Next Big Name

Acacia Research Corp. all over Amazon Inc. in case of new Kindle, in Technology

Local.com Plan Goes Beyond Flagship

MEDIA: Diversifies with Web services, daily deals site

Local.com Corp.’s growth strategy goes beyond flagship

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Buybacks Point to Holding Pattern

ECONOMY: Trend reflects uncertainty—with exceptions

Economic outlook, stock market’s recent rough patch prompt companies to put cash into buybacks

Thai Flood Hits Western Digital, Microsemi

TECHNOLOGY: Others here likely to feel pinch in future

OC companies facing supply, production disruptions after floods hit Thailand, other parts of Asia

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ChromaDex Counts on Nature, Patent Portfolio for Gains on Supplements

HEALTHCARE: License deals behind ingredients and products

ChromaDex counts on nature, patent portfolio for gains on supplements

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ADDENDUM - October 17, 2011

Other items of interest Orange County Business Journal

Del Taco Will Celebrate ‘Tacoberfest’ All Month Long

Facebook “Likes” Good for Coupon on Newest Item

Del Taco will celebrate “Tacoberfest” all month long, in Media and Marketing

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REAL ESTATE DEALS

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

Acquisitions Help Identive Move Up Ranks, Closer to Profits

TECHNOLOGY: Santa Ana HQ, global spread; deal on NFC tags

Fastest Growing Companies - Acquisitions help Santa Ana-based Identive Group Inc. move up ranks, closer to profits

BJ’s Stays on Growth Track in Casual Dining’s Split Market

RESTAURANTS: More locations, steady updates defy tough economy

Fastest Growing Companies - BJ’s Restaurants Inc. stays on growth track in casual dining’s split market

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Another Downgrade for William Lyon Homes

REAL ESTATE: S&P assigns “junk” tag to unsecured notes

William Lyon Homes gets another downgrade; S&P assigns “junk” tag to unsecured notes

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CoreLogic Takes $140M Charge on Marketing Services

Division to Close; Rest of Company Under Review

CoreLogic Inc. takes $140M charge on marketing services, in Real Estate

CALENDAR - October 18-26, 2011

A listing of events happening all around Orange County. October 18-26, 2011

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Backup Plan Pans Out Nicely in Pelican Crest Sale

New Buyer Fills Garage With Birthday Presents

Backup plan pans out nicely in Pelican Crest home sale, in Luxury

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Pyott: Depend on Botox to ‘Cruise’ Past $2 Billion in Sales

HEALTHCARE: Allergan chief dismisses talk of over-reliance

Allergan Inc.’s David Pyott: depend on Botox to “cruise” past $2 billion in sales

Patient Safety as Business Plan

HEALTHCARE: Device, system zeroes in on post-op sore spot

Fastest Growing Companies - Big distributor tie, product aimed at stopping medical error lifts Patient Safety’s sales

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Bigger They Are, Harder the Climb

About the biggest: a look at fastest-growing public companies with more than $1 billion in annual revenue

Indexing the Indexes

ECONOMY: Orange County’s effect outsized on most gauges

Fastest Growing Companies - Indexing the indexes

Thursday, October 13

Drug Maker Ista Reports Mixed Trial Results

Irvine-based Ista Pharmaceuticals Inc. on Thursday said that a cataract drug met the main goal of two late-stage clinical trials but its dry eye drug missed on a second late-stage trial.

Microsemi Wraps Up Zarlink Deal

Aliso Viejo-based Microsemi Corp. on Thursday completed its $633 million buy of Canadian chipmaker Zarlink Semiconductor Inc., finalizing a rare hostile deal.

Broadcom Takes Latest Round From Emulex

Another round in a patent battle between chipmaker Broadcom Corp. and Emulex Corp. has been settled but it remains likely that a few more are still to come.

Tuesday, October 11

Local Accounting Firms Combine

Irvine-based accounting firms White, Nelson & Co. and Diehl, Evans & Co. have agreed to merge.

Irvine Device Refurbisher Sold to Illinois Company

Irvine-based Full Circle Wireless Inc.—which recycles and resells used mobile phones, tablets and other devices—has been acquired by Clover Holdings Inc. in Hoffman Estates, Ill.

Monday, October 10

Casanova Keeps Hispanic Account for Lottery

Costa Mesa-based advertising agency Casanova Pendrill has successfully defended its position as agency of record for the California State Lottery’s Hispanic advertising account.

Sunday, October 9

Irvine-Based Engineering Firm Fetches $50 Million

PROFESSIONS: RBF is western foothold for Pa.-based company

Irvine-based engineering firm RBF Consulting fetches $50 million in sale to public company

Industrial Deal in Irvine Sets New High for Year

REAL ESTATE: Menlo said to pay $47M near John Wayne

Menlo Equities in Orange County’s priciest industrial buy so far this year

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Hike on Healthcare Premiums Seen at 7.2% Here in 2012

HEALTHCARE: Smallest increase since 2008

Study sees 7.2% hike on employee healthcare plans next year

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This OC Treasurer Avoids Headlines; Chris Cox Coverboy

OC INSIDER Column by Rick Reiff

Apartment Trend’s Next Tack: Tear-Downs

REAL ESTATE: National firm eyes vacant office in Anaheim

Equity Residential eyes vacant office site in downtown Anaheim for apartment project

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Broadcom Sets Sights on Better NFC Chips

TECHNOLOGY: Touts size, plans debut in first half of 2012

Broadcom Corp. sets its sights on better near-field communication chips

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Pacific Mercantile Seeks New Chief Executive

FINANCE: Pending next stock sale; new shareholders to board

Pacific Mercantile Bank will seek chief executive after stock sale wraps up

Real Mex Creditors Likely First Bidders

RESTAURANTS: Bankruptcy filing points to possible auction

Real Mex-owner of El Torito, Chevys and other chains-files for bankruptcy, considers sale

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Fisker Sets U.S. Production for Nina Sedan; Plans Upscale Station Wagon

AUTOS: Expects word on Karma regulatory certifications this week

Fisker Automotive turns attention to new models, sets up U.S. manufacturing

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Opus Move Makes It Biggest Commercial Bank Based Here

FINANCE: Completes shift to Irvine, nears $3B in assets

Opus Bank now largest commercial bank based in Orange County

Clean Energy Plans Station in Florida

Clean Energy signs deal to build, operate natural-gas fueling station for Florida company

Maturity Matters in Funding Hike for Medical Device Makers Here

HEALTHCARE: Concerns on regulatory changes hurt startups

Financing for Orange County's medical device industry grows, with some caution

Monie Slated for Return to Ingram’s Executive Suite

TECHNOLOGY: President’s post vacant since he departed

Alain Monie to rejoin Ingram Micro as president, chief operating officer in November

Komen Race Raises More Than $2.6M, Runs After More

Another $500,000 to Goal; Pimco Team Tops Field

Philanthropy Column by Sherri Cruz

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ADDENDUM - October 10, 2011

Other items of interest Orange County Business Journal

CALENDAR - October 10-19, 2011

A listing of events happening all around Orange County. October 10-19, 2011

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Microsemi’s Mix: $800M, Ratings Adjustment on Debt

Overall Outlook Stable Following Zarlink Deal

Microsemi Corp.'s mix: $800 million loan, ratings adjustment on debt, in Technology

Fallout Continues on Medicare Cuts for Nursing Homes

Trim on Reimbursements Dims View for Sun, Skilled

Fallout continues on Medicare cuts for nursing homes, in Healthcare

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Westinghouse Aims for Sports Fans in Latest Giveaway

Flat TVs to Listeners Who Know Code on Jim Rome

Westinghouse aims for sports fans in latest flat-TV giveaway, in Media and Marketing

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REAL ESTATE WATCH: Research & Development Space

Research and development segment sees progress on absorption, downward tend on lease rates slows

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Big Price Range for Office Listings on Von Karman

$280 Per SF at Koll Center; Pres Companies Seeks $860

Big price range for office listings on Von Karman Avenue, in Real Estate

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REAL ESTATE DEALS

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

By the Numbers - Seal Beach Businesses

Facts and charts about Seal Beach businesses

Something Special

Tailored MBA Programs Offset Overall Declines

Tailored MBA programs offset overall declines

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MBA Programs See Big Dip, Post Slight Gain Without Trident

Cypress School’s Enrollment Falls 55% Amid Credential Review; UCI Up 6.5%

One big dip accounts for enrollment decline for graduate-level business programs. Includes the 2011 OC's LARGEST MBA SCHOOLS list for download (pdf)

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Can Outlets Rock the Block?

The Outlets at Orange Spells Out Strategy for Mid-Tier Mall

New name—The Outlets at Orange—spells out strategy for mid-tier mall

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Default Rates Lower at OC-Based Schools With MBA Programs

Brandman at 2.3% in first year year as standalone institution

Default rates on student loans for graduates of Orange County colleges and universities offering MBAs are much lower than the national average

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Wireless Carriers Open Wallets for Network Upgrades Here

TECHNOLOGY: Big 4 spend hundreds of millions on capacity

Four largest wireless carriers invest millions in OC's communications infrastructure

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MARKET WATCH - October 10, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

Thursday, October 6

RIP: Local Aerospace, Tech Executive Berghammer

Local entrepreneur and aerospace and technology industries professional Peter Berghammer died of heart failure on Oct. 1.

$10M Investment in Irvine Medical Software Company

Irvine-based medical software provider Kareo Inc. closed a $10 million equity investment today.

Wet Seal Shares Fall on Slight Dip in September Sales

Shares of Foothill Ranch-based Wet Seal Inc. were down after the teen retailer reported disappointing September sales.

Wednesday, October 5

Cycle World Magazine Sold

Newport Beach-based motorcycle enthusiast magazine Cycle World has traded hands once again.

Apple’s Jobs Dead at 56

Steve Jobs, the visionary behind Cupertino-based Apple Inc., has died.

Tuesday, October 4

Opus Bank Now Largest Based Here

Opus Bank became the largest Orange County-based commercial bank with a recent move of its headquarters to Irvine.

Interim Publisher Named for Register

Freedom Communications Inc.'s Orange County Register has tapped the paper's general manager to be interim publisher.

Real Mex Files for Bankruptcy

Cypress-based Mexican restaurant chain operator Real Mex Restaurants Inc. filed for Chapter 11 bankruptcy protection Tuesday.

OC-Based Auto Brands Outpace Market in September

Automakers with U.S. headquarters in Orange County saw another big month in September, outpacing the overall market.

Monday, October 3

Monie Returns as Ingram Micro President

Alain Monie will rejoin Santa Ana-based Ingram Micro Inc. as president and chief operating officer in November after a year spent heading a Chinese manufacturer, the company announced Monday.

Fluidmaster Names Head of Sales

San Juan Capistrano-based Fluidmaster Inc. appointed a new senior vice president of global sales.

Windes McClaughry in North-South Merger

Long Beach-based accounting firm Windes & McClaughry Accountancy Corp. struck a deal to merge with San Francisco-based Burr Pilger Mayer Inc.

Clean Energy to Build Natural Gas Station for Florida Logistics Company

Seal Beach-based Clean Energy Fuels Corp. signed a deal to build and operate a compressed natural-gas truck fueling station for Saddle Creek Transportation Inc.’s headquarters and warehouse in Lakeland, Florida, between Orlando and Tampa.

Sunday, October 2

MARKET WATCH - October 3, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

Resources Global Professionals Added to S&P 600

Company sees shares up following announcement

Resources Global Professionals new addition to S&P 600

ADDENDUM - October 3, 2011

Other items of interest Orange County Business Journal

Microsemi Stands Apart on Hostile Buy in Chip Sector

Unsolicited Bids Rare for Tech Sector, Chipmakers

Microsemi Corp. stands apart on hostile buy in chip sector, in Technology

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CALENDAR - October 4-12, 2011

A listing of events happening all around Orange County. October 4-12, 2011

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Familiar Local Ring to Alcon’s Int’l Patent Dispute

Branded Drug Maker’s Foe Also Fights With Allergan

Alcon sues Canadian drug maker Apotex in patent tangle over allergy med, in Healthcare

Nike Names New Chief for Hurley

On board to fill gap left after Calhoun’s brief stay

Former True Religion executive appointed as latest chief of Costa Mesa-based Nike Inc. unit Hurley International

Lantronix Taps Another Mindspeed Exec as CFO to Fill Upper Ranks

TECHNOLOGY: Whitaker joins Busch in wake of recent tumult

Lantronix taps another Mindspeed exec as CFO to fill upper ranks

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Medicare Review Hits Edwards’ Shares

Edwards' shares take hit following news of Medicare's plan to review its new heart valve

San Clemente Board’s ‘Got Milk’ Gets National Play

Subsidized Body Licenses Trademark to Counterpart

New twist to the "Got Milk?" ads: a latte mustache, in Media and Marketing

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Questcor Beats Earlier Expectations on Acthar Prescriptions for MS

Anaheim-based drug maker Questcor Pharmaceuticals Inc.’s got a boost last week on news of more new prescriptions for its sole drug.

Verengo’s Last Stand on List: HQ to Move, Most Jobs to Stay

SERVICES: Rebates, green trend help solar-panel installer grow

Verengo's last stand on List: HQ to move to Tor-rance, most jobs to stay

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Watson Steps Back at TechSpace, Puts Focus on CT

REAL ESTATE: Memenas new CEO at office-campus operator

TechSpace's chief operating officer moves up to top spot, predecessor to focus on CT Realty

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Tustin Company Gets European OK for Sales of Lung Device

HEALTHCARE: Uptake sees big potential on emphysema, other ills

Uptake Medical gets European OK for sales of lung device

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Nvision Laser Has Sights Set on Expansion

HEALTHCARE: Lasik chain counts on referrals over discounts

Nvision Laser Eye Centers has sights set on expansion, figuring financing for plans

How y Does It

ADVERTISING: Digital agency lands big clients, eyes satellites

Digital agency ymarketing lands big clients, eyes satellites

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Kofax Sets Revenue Mark, Eyes Offering Here

TECHNOLOGY: Direct sales key gain; could seek dual listing

Software maker Kofax sets sales record, gets new status with Microsoft, eyes offering here

Former Fast-Grower Files for Bankruptcy

TECHNOLOGY: Specializes in energy-efficiency software

Energy & Power Solutions goes from plans for public offering to bankruptcy, looks to be sold to competitor

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Bite of Apple

MANUFACTURING: Status as preferred case vendor lights sales

Sena's status as preferred case vendor for Apple light sales

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REAL ESTATE DEALS

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

Pacific Pharmacy Group Counts on Acquisitions, Efficiencies

HEALTHCARE: Aims to let pharmacists focus on customers

Pacific Pharmacy Group counts on acquisitions, efficiencies

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Pacific Dental’s Practical Growth Plan

HEALTHCARE: Offers office space, staff, practice management

Pacific Dental takes practical approach, racks up big revenue gains

Mudgett’s New Gig: Workouts; OC Hosts Women VIPs

OC INSIDER Column by Rick Reiff

KBS Stays Busy With Acquisitions, Sales Nationwide

$312 Per Sq. Ft. in Phoenix Area, Austin Deal Pending

KBS Realty stays busy with acquisitions, sales nationwide, in Real Estate

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Small Business Loans, Big Growth for Irvine Bank

FINANCE: SBA programs, slim real estate portfolio key factors

Small business loans, big growth for Pacific Enterprise Bank

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Fastest-Growing Feat: Nearly 40% Gain

ECONOMY: Pace of sales, number listed back on track

Fastest-growing private companies combine for sales rise of nearly 40%, ranks back up to 100. Includes the 2011 OC'sFASTEST GROWING PRIVATE COS list for download (pdf)

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Local Execs Offer No Guarantee on Growth

ECONOMY: Drastic Q4 dip in Cal State Fullerton index

CSUF survey says: Orange County executives expect slow fourth quarter amid economic uncertainty

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Incredible: Pizza Chain ‘Much More’ Than Big-Name Rival

DINING: Food, entertainment combo; 50,000 SF minimum

John's Incredible Pizza ‘much more' than big-name rival

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Specific Media’s New Mountain: Myspace

MEDIA: Can Irvine firm turn ailing site into revenue engine?

Specific Media expected to outline vision for My-space on Oct. 3

Sweet Sounds at QSC

Manufactures Here, Markets Worldwide; New China Office Marks Next Sales Push

QSC Audio Products posts 43% sales increase, sets up shop for China sales

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REAL ESTATE WATCH: Manufacturing & Warehouse

Airport Absorption Counters Trend on M&W; Rates Show Signs of Stabilizing

Manufacturing, warehouse segment of OC's industrial market sees slowdown in Q2

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Special Features Help on $6.6M Sale in Irvine Terrace

Glass “Pocket Doors” for Views; 2 “Serious” Offers

Special features help on $6.6 million home sale in Irvine Terrace, in Luxury

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Bon Appétit at Bon A Pita; Bruno Up For CNN Hero

Wood Ranch at Spectrum; Balboa Bay’s Oktoberfest

Fifi Chao profiles Lebanese restaurant Bon A Pita, makes push for Chef Bruno

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