Latest stories

Edwards Keeps Busy With Trials as its Stock Swings

Starr Surgical, Venture Heat Get FDA Nods

Edwards Lifesciences Corp. (NYSE: EW) has kicked off a pivotal domestic trial of the Centera transcatheter heart valve.

Mitsubishi Gets New Campaign, Keeps PR Team

NB’s Brand Amp Stays As Agency of Record

The beat goes on for Cypress-based automaker Mitsubishi Motors North America Inc.

Surf City Center Near Bella Terra Commands $65M

Edinger Plaza Sale Tops For OC Retail This Year

Edinger Plaza, a 155,275-square-foot shopping center in Huntington Beach across the street from the city’s largest mall, Bella Terra, has changed hands.

OCBJ Calendar

Oct. 22-31, 2018

This week's business and other event listings.

$45M Waterfront Offering Has Unique Sales Pitch

Rap Video Shows Off Duffy, City, Pricey Home

One of the most expensive waterfront listings on Balboa Peninsula has attracted quite a buzz, not only for its $44.9 million price tag, but also for promotional music video “Teach Me How to Duffy”—a parody of the 2011 “Teach Me How to Dougie” by Los Angeles-based hip-hop group Cali Swag District.

Business Bites

Other items of interest Orange County Business Journal Vol. 41, No. 43

Andrew Brown succeeds Elizabeth Pearson as president and chief executive of Pacific Chorale, a resident of the Renée and Henry Segerstrom Concert Hall at Segerstrom Center for the Arts, effective Dec. 3.

Real Estate Deals

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

TP-Link USA Corp. purchased a light-manufacturing building for $5.5 million, or $344 per square foot, from Donald W. and Jean M. Vivrette.

With Tenants Like These

How owners of The Hive creative office complex in Costa Mesa turned a sweet profit in three short years—the Los Angeles Chargers and Kobe Inc. are housed at Hive.

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Midday Stock Roundup

The S&P 500 rose 0.3% in midday trading to 2,776.39.

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OC Unemployment Falls to 2.8%

Orange County’s unadjusted unemployment rate fell to 2.8% in September from a revised 3.1% in August and 3.3% a year earlier, according to the state Employment Development Department.

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After 80 Years, Whittier Put its Trust in OC

BANKING: Family office’s newest office fastest growing

Whittier Trust Co. began life as just a family office, the family was the Whittiers.

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OC 500: Patrick Fuscoe

Founded 1992 … client roster includes Shea Homes, Rancho Mission Viejo … lead engineer: Village of Woodbridge, Ronald Reagan federal building, Hyatt Regency HB … engineer on 390-foot pedestrian sky bridge

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2017 Tourism: $21 Billion

Local tourism last year produced $21.3 billion in economic impact, according to a new report from the Orange County Visitors Association.

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Hospitality Shows Go To OC Operator

Emerald Expositions Events Inc. (NYSE: EEX) bought several hospitality-focused trade shows, publications, and events from ST Media Group International and Hospitality Media Group on undisclosed terms.

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Spectrum Pharma Names CMO

Spectrum Pharmaceuticals Inc. (Nasdaq: SPPI) named Francois Lebel as chief medical officer, overseeing the company’s clinical program including directing clinical trials and development as well as regulatory submissions.

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Midday Stock Roundup

Indexes were down more than 1% apiece in midday trading on the expectation that the Federal Reserve will continue to increase interest rates.

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Carpenter Sells Stake In Pacific Mercantile

FINANCE: Longtime banker again scores hit, reaps returns

Ed Carpenter has done it again.

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OC 500: Mark Costa

Care delivery to 550K members by some 8K staff, 1K doctors … SoCal region, several counties, 4.4M members … parent co. $65B revenue 2016 … growing OC telemedicine work … aims to strengthen community-based programs …

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Midday Stock Roundup

The S&P 500 rose 0.2% in midday trading to 2,815.61.

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PacLife’s Long Legacy of Community Commitment

Giving in Great Depression Became Part of Its Culture

Sometimes when you’re at the beginning of starting something—taking on a new project at work, for example, or building a brand from scratch—it can be hard to see the long-term impact it may have.

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