OC BUSINESS JOURNAL DAILY NEWS
Billionaire hedge fund manager George Soros has put $500 million in a fund managed by Bill Gross at Janus Capital Group Inc.
Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman’s Pershing Square Capital Management LP have slashed their stake in Irvine-based Allergan Inc. after losing a bidding war to Actavis PLC.
Three Orange County Community College Districts have submitted letters of intent to offer bachelor’s degrees in some subjects, according to the California Community Colleges Chancellor’s Office.
The S&P 500 rose 0.36% to 2.060.19 in midday trading.
Orange County employers added 15,800 jobs in October, helping push down the unemployment rate to 5%.
Newport Beach-based title insurance company Experience 1 Inc. has been acquired by Solutionstar Holdings LLC for $36 million in cash.
Wet Seal Inc. named Thomas Hillebrandt its interim chief financial officer.
The U.S. Securities and Exchange Commission said today that it halted trading in Anaheim-based Wholehealth Products Inc. and three other penny stock companies that “claim to be developing products and services in response to the Ebola [virus] outbreak.”
Universal Protection Service in Santa Ana has acquired two guard services companies on undisclosed terms.
The S&P 500 rose 0.13% to 2,051.34 in midday trading.
Santa Ana-based for profit schools operator Corinthian Colleges Inc. said it will sell 56 campuses of its Everest College and WyoTech to Zenith Education Group Inc., an affiliate of Oakdale, Minn.-based student loan guarantor agency ECMC Group.
Henrik Fisker is expected to announce plans for a new muscle car with a body made of carbon fiber during an appearance at the Los Angeles Auto Show today.
Irvine-based Habit Restaurants Inc. went public on Nasdaq this morning priced at $18 a share and has doubled in price to about $36.
Blizzard Entertainment Inc.’s latest World of Warcraft expansion has sold more than 3.3 million copies in its first 24 hours on the market.
The Honda Center in Anaheim will host the West Regional of the NCAA basketball tournament in 2016, the Division I Men’s Basketball Committee announced.
The University of California-Irvine will work with three community colleges to recruit and retain women and minority students to study science, technology, engineering and math at the schools, an effort supported in part by a $1.8 million grant.
The S&P 500 declined 0.27% to 2,046.33 in midday trading.
Santa Ana-based Corinthian Colleges received a second notice from the Nasdaq for failure to file timely reports, the company said today.
The Segerstrom Center for the Arts in Costa Mesa plans to open a dance school in September 2015 with American Ballet Theatre, the center said.
Habit Restaurants Inc. has priced its initial public offering of 5 million shares tomorrow at $18 a share, the company said.
Santa Ana-based Nekter Juice Bar Inc. is set to add food items to its menu and a smart phone app to order and buy them, the company said.
More people came to Orange County in September, and they spent more money, the Anaheim/Orange County Visitor & Convention Bureau said.
The Orange County Board of Supervisors voted unanimously today to accept a donation of 2,500 vacant acres by the Irvine Company, said the parks unit of the county’s Community Resources department.
Garden Grove-based Bar Code Specialties Inc. will be acquired by Quest Solution Inc., a Nevada IT integrator.
Activist investor Bill Ackman said today that he would withdraw from a special shareholders’ meeting he had planned in the wake of Irvine-based Allergan Inc.’s $66 billion acquisition by Actavis PLC, according to CNBC.