OC BUSINESS JOURNAL DAILY NEWS
Former Orange County Congressman and Securities and Exchange Commission Chairman Chris Cox joined the board of Leawood, Kan.-based Creative Planning Inc. as director of regulatory governance.
West Coast Aviation Services in Santa Ana bought KMR Aviation in Ontario and renamed it West Coast Worldwide.
The S&P 500 was down 0.2% in midday trading to 2,270.93.
Auxilio Inc. in Mission Viejo bought CynergisTek in Austin, Texas for up to $34.3 million—$26.8 million upfront and up to $7.5 million in milestone payments over the next five years.
Foundation Building Materials Inc., a Tustin-based distributor of wallboard and suspended ceiling systems, among other items, has filed for an initial public offering.
Irvine-based Incipio Group promoted Ann Fong to chief operating officer, a new position.
PBS SoCal KOCE today launched channel and streaming service PBS SoCal KIDS.
Oakley Inc.’s Italy-based parent, Luxottica Group SPA, plans to combine operations with Essilor International S.A. in France, pending regulatory and shareholder approval.
Markets are closed today for the Martin Luther King Jr. Day holiday.
The S&P 500 was up 0.2% in midday trading to 2,275.74.
Carrick Capital Partners in Newport Beach invested $22 million in Perfect Sense Inc. in Reston, Va.
Broncs Inc. in Compton has reached an initial deal with American Apparel LLC to take over the lease for its textile facility in Garden Grove, according to news reports.
The City of Irvine earned top marks from the Fiscal Times for fiscal strength among U.S. cities.
John Wayne Airport served 918,000 passengers in October, up 3% compared with October 2015’s 891,000.
Nordstrom Inc. in Seattle said it plans to close its department store at MainPlace Mall in Santa Ana in March. The closure will affect about 195 employees.
The S&P 500 was down 0.4% in midday trading to 2,265.66.
Marina Landscape Maintenance Inc. in Anaheim was bought by BrightView Landscapes LLC in Plymouth Meeting, Pa., on undisclosed terms on Jan. 1.
Pacifica Hotels in Irvine sold the 80-room Sommerset Suites in the Hillcrest neighborhood of San Diego for $19.5 million to Sentre Partners, also in San Diego.
Alorica Inc. in Irvine named Tania King chief legal officer and chief compliance officer.
Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood.
The S&P 500 was down 0.1% in midday trading to 2,267.10.
Stratus Development Partners in Newport Beach said its Hotel Capistrano project will open in summer 2018.
Biolase Inc. in Irvine said Chief Financial Officer David C. Dreyer will resign effective Jan. 13 for “personal reasons unrelated to the company’s financial condition.”
Lotus Innovations LLC in Irvine acquired Commerx Corp., a leading global provider of digital and telecommunications services.
The S&P 500 was up 0.4% in midday trading to 2,276.87.