OC BUSINESS JOURNAL DAILY NEWS
Irvine-based St. Joseph Health System is near a deal for an affiliation with Providence Health & Services, which has extensive operations in Los Angeles County among other markets in the western U.S.
The S&P 500 was flat in midday trading at 2,107.73.
Irvine-based Lombard Medical Inc. said today it bought startup Altura Medical Inc. in a deal that could be worth more than $50 million, depending upon milestones.
Santa Ana-based Ingram Micro Inc. saw shares rise about 10% in Friday trading after it reported slightly higher second-quarter adjusted profits yesterday that also beat analyst estimates, though revenue missed analyst forecasts.
Irvine-based Edwards Lifesciences Corp. said today that Robert Ingram has retired from its board of directors.
Irvine-based chipmaker Broadcom Corp. after the close of intraday trading reported second-quarter revenue in line with Wall Street expectations and adjusted profits that missed estimates.
The S&P 500 was flat at 2,107.64.
Banc of California Inc. reported an 82% year-over-year increase in its second-quarter profit to $13.1 million.
Costa Mesa-based King’s Seafood Co. plans to open a Water Grill restaurant in Dallas in the fall of 2016.
Lake Forest-based Del Taco Restaurants Inc. said it will re-enter the Tennessee market in a franchise deal for 10 restaurants over the next five years.
About 275 people turned out for today’s luncheon at the Hotel Irvine to celebrate five honorees of the Business Journal’s 16th annual Family Owned Business Awards.
A Yorba Linda software maker that specializes in survey analysis has been acquired by local investment firm Poplar Capital Partners LLC, which is based in the same city.
Irvine-based storage products maker Western Digital Corp. after the close of intraday trading Wednesday reported June revenue in line with Wall Street expectations and adjusted profits that beat estimates.
Santa Ana-based facilities design firm Salas O’Brien Engineers said it acquired Atlanta-based firm HESM&A Consulting Engineers on undisclosed terms.
San Clemente-based ReShape Medical Inc. said the Food and Drug Administration approved its ReShape Integrated Dual Balloon device for non-surgical weight loss.
The S&P 500 was up 0.4% in midday trading to 2,102.57.
A U.S. Bankruptcy Court judge said yesterday that creditors of Santa Ana-based Corinthian Colleges Inc. can vote on the company’s bankruptcy plan, the Wall Street Journal said.
Santa Ana-based Universal Protection Service has acquired Guardsmark in Memphis, Tenn., on undisclosed terms.
Irvine-based Edwards Lifesciences Corp. reported financial results today that exceeded analysts’ forecasts in some areas though earnings per share declined.
John Wayne Airport had an 8% year-over-year hike in international travelers in June, its first monthly increase of the year.
The S&P 500 was up 1% in midday trading to 2,091.77.
Irvine-based Kareo Inc. said today that it has received a $55.4 million investment.
Irvine-based security software maker Cylance Inc. has raised $42 million in a Series C funding round led by DFJ Growth in Menlo Park.
Santa Ana-based Corinthian Colleges Inc. wants to sell some of its Heald College intellectual property for $80,000, according to Dow Jones.
Oakley Inc. in Foothill Ranch has eliminated its “office of the CEO” and laid off more than 150 workers as part of an “integration process” with Italy-based parent Luxottica Group S.p.A.