Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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JWA Traffic Up in May

John Wayne Airport booked a nearly 5% increase in passengers and a 1% increase in commercial airline flights in May 2015, compared with the same month last year.

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Midday Stock Roundup

Stock indices were down at midday after the collapse in economic bailout talks for Greece led to concerns the country would bail out of the euro zone.

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Hyundai to Sponsor NFL

Hyundai Motor America Inc. in Fountain Valley said it has become an official automotive sponsor of the National Football League.

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Disneyland Exemption, Expansion on Anaheim Agenda

Walt Disney Co. is proposing a $1 billion expansion at its Disneyland theme park in Anaheim that would include new attractions, parking and other infrastructure improvements – and it wants a tax break in exchange.

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Johnny Rockets to Poland

Aliso Viejo-based Johnny Rockets said Warsaw-based HDS Polska Group plans to open 10 Johnny Rockets over the next 10 years in Poland.

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Johnny Rockets to Poland

Aliso Viejo-based Johnny Rockets said Warsaw-based HDS Polska Group plans to open 10 Johnny Rockets over the next 10 years in Poland.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,097.42.

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Franchisee Switch for Johnny Rockets in UAE

A Dubai-based private equity firm bought 14 Johnny Rockets franchised restaurants in the United Arab Emirates from the franchisee group that runs them.

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Midday Stock Roundup

The S&P 500 was down 0.1% at midday to 2,107.50.

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RichUncles Gets $3M Loan

Newport Beach-based real estate investment trust RichUncles LLC has received a $3 million loan from Pacific Mercantile Bank in Costa Mesa.

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Cianna Medical Raises $4M

Aliso Viejo-based Cianna Medical Inc. has raised $4 million, according to a U.S. Securities and Exchange Commission filing.

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Quiksilver in Creative Shift

Quiksilver Inc. said it’s taking a new global creative direction that “echoes the fertile environment of Quiksilver and the surf community in the 70s and 80s.”

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Stem Cell Company Opens New SA Facility

PrimeGen Biotech LLC, a stem cell company, has moved from Irvine to a new facility in Santa Ana.

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Sabra Spends $234M for Nursing Homes

Irvine-based Sabra Health Care REIT Inc. said today that it bought four nursing homes in Maryland for $234 million.

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Midday Stock Roundup

The S&P 500 was down 0.6% in midday trading to 2,111.64.

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Chapman Ups Forecast on OC Jobs

Orange County’s economy is expected to add about 47,000 jobs through this year and another 41,000 in 2016, according to an updated estimate by Chapman University’s Argyros School of Business and Economics.

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AOCVCB’s New Name: Visit Anaheim

The Anaheim/Orange County Visitor & Convention Bureau has changed its name to Visit Anaheim.

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Juice It Up to Add NM Units

Irvine-based Juice It Up said Albuquerque franchisee It Takes Two LLC plans to add two locations in New Mexico.

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UCI Humanities Gets $2.7M Mellon Grant

The University of California-Irvine has received $2.7 million from the New York City-based Andrew W. Mellon Foundation to broaden access to its Ph.D. program in Humanities by providing funding for tuition and teaching fellowships.

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21st Annual Women in Business Awards Winners Announced

A crowd of more than 800 attended the Business Journal’s 21st Annual Women in Business Awards, where cosmetics entrepreneur Toni Ko delivered a keynote address that challenged female entrepreneurs to redefine the benchmarks of success in their professional and personal lives.

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Hyundai Giving Final $2M Installment of Cancer Grant to CHOC

Fountain Valley-based Hyundai Motor America and its nonprofit, Hope on Wheels, will present a final $2 million installment of a $10 million research grant to Children’s Hospital of Orange County on Thursday.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,122.62.

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Alliant Gets New PE Investment

Alliant Insurance Services Inc. has received “a significant equity investment” from Stone Point Capital LLC, which now is the largest shareholder of the Newport Beach-based insurance brokerage firm.

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Ingram Micro Buys Two Companies

Santa Ana-based Ingram Micro Inc. has acquired two companies that add to its higher-margin and growing recycling and mobile services business.

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Taco Bell Parent Pursues India Franchise Deal

Irvine-based Taco Bell Corp.’s parent company plans to sell franchise rights in parts of India to three private equity firms, a news report in that country said.