OC BUSINESS JOURNAL DAILY NEWS

Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,597.03.

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UCI Gets $7.8M Grant for Brain Study

University of California-Irvine has been awarded a $7.8 million federal grant from the Eunice Kennedy Shriver National Institute of Child Health & Human Development to explore the link between family income and early brain development.

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Sedgwick to Close

Sedgwick LLP will be closing its offices at the end of December, according to two legal websites.

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Midday Stock Roundup

The S&P 500 increased 0.7% in midday trading to 2,598.89.

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Five Point’s Debt Sees High Demand

Five Point Holdings LLC (NYSE: FPH) found bond buyers so eager for its high-yield debt that it increased the offering to $450 million.

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Lazy Dog Hires CMO, CPO

Lazy Dog Restaurant & Bar in Huntington Beach named John Williams its chief marketing officer and Mariah Machnikowski its chief people officer, both new roles.

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Midday Stock Roundup

The S&P 500 increased 0.2% in midday trading to 2,583.59.

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OC Hyatts Get New Area VP

Hyatt Hotels Corp. named David Nadelman general manager at Hyatt Regency Orange County in Garden Grove and vice president over six other high-end hotels with 4,500 rooms in Southern California.

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Long Beach Airport Up 25% in October

Long Beach Airport’s passenger traffic shot up 25% to 330,000 in October from 265,000 in the same period last year.

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Chargers Pick Pacific Premier

Pacific Premier Bancorp Inc. (Nasdaq: PPBI), signed a multiyear partnership with the National Football League’s Los Angeles Chargers.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,582.37.

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OC Unemployment Down

Orange County’s unemployment rate fell to 3.3% in October, led by an increase in the local education sector, according to the state’s Employment Development Department.

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Advantage Solutions Buys Complementary Company

Advantage Solutions Inc. will buy Daymon Worldwide Inc. on undisclosed terms in a deal that links two private equity-backed big players in brand and retail sales and marketing work.

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Device Maker Raises $2.9M

Irvine-based Modulated Imaging Inc. said today it closed a Series A funding round of about $2.9 million.

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Eight Feted for National Philanthropy Day

Association of Fundraising Professionals—OC honored eight of the county's outstanding givers at a National Philanthropy Day today before a lunch crowd of 680 at City National Grove in Anaheim.

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Midday Stock Roundup

The S&P 500 was up 0.9% in midday trading to 2,588.62.

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LA Times Site Sells for $65M

The owners of the Costa Mesa creative office complex that holds the headquarters of the Los Angeles Chargers have picked up an even larger redevelopment site next door.

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Juice It Up Adds Drive Thru

A Juice It Up franchisee will offer the chain’s products for the first time in a drive-thru location next month.

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Nonprofit Gifted $8.5M Home

Big Brothers Big Sisters of Orange County and the Inland Empire received the biggest financial gift in its history: a home in Laguna Beach valued at $8.5 million.

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Karma to Open NB Showroom

Irvine-based Karma Automotive LLC will open a showroom and its first company-owned dealership on Monday along the Pacific Coast Highway in Newport Beach.

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Midday Stock Roundup

The S&P 500 was down 0.5% in midday trading to 2,566.91.

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Toshiba America Acquires NorCal Dealer

Lake Forest-based Toshiba America Business Solutions Inc. has acquired an equipment distributor and reseller in Northern California.

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Buck’s Art Stops for Good at UCI

The University of California-Irvine announced today that it’s received a collection of California art from the trust of Gerald Buck, a Newport Beach developer.

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Midday Stock Roundup

The S&P 500 fell 0.4% in midday trading to 2,573.71.

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Lido House GM Confirmed

Lido House officially named Adam Beer its general manager.

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