Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Oakley, Garmin in Goggle Deal

Oakley Inc. said it has partnered with Garmin International Inc., which makes GPS navigation devices, to “expand functionality” of its Oakley Airwave 1.5 alpine ski and snowboard goggles.

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Pac Communications Founder to Retire

Pacific Communications President Ryan Abbate said he will retire at the end of the year.

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Midday Stock Roundup

Major stock indices were strongly higher in midday trading.

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Philharmonic Society Names Director

The Irvine-based Philharmonic Society of Orange County named John Mangum its new president and artistic director.

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Boot Barn Goes Public

Boot Barn Holdings Inc. began trading this morning priced at $16 a share and rose 12.8% to $18 a share and a market cap of $450 million in midday trading.

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Midday Stock Roundup

The S&P 500 rose 0.37% to 1,989.68 in midday trading.

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Boot Barn Sets IPO Price

Boot Barn Holdings Inc. has priced its initial public offering of 5 million shares of its common stock at $16.

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St. Regis Names New GM

The St. Regis Monarch Beach Resort in Dana Point named Ian Pullan its General Manager.

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Chapman Film School in Top Five

The Dodge College of Film and Media Arts at Chapman University cracked another film school list, coming in at No. 4 on the College Factual ranking of the 10 best U.S. film schools.

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Kia Motors Signs New NBA Deal

Irvine-based Kia Motors America Inc. will continue as the Official Automotive Partner of the National Basketball Association, and its K900 sedan will take on the role of the league’s official luxury vehicle.

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AtheroNova Prices Offering

Irvine-based biotechnology company AtheroNova Inc. priced an offering of 4 million shares of its stock and warrants to buy its stock.

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Western Digital Beats Street

Irvine-based storage products maker Western Digital Corp. first-quarter revenue and adjusted earnings beat Wall Street estimates.

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GM Ventures Takes Stake in Telogis

Aliso Viejo-based Telogis Inc. has received an equity investment from GM Ventures, the venture capital arm of General Motors Inc.

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Midday Stock Roundup

The S&P 500 was down 0.22% to 1.980.88 in midday trading.

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OC Auto Sales on Pace for 7.3% Gain

Sales at Orange County auto dealers rose 6.4% to 46,540 vehicles in the third quarter compared to the same period last year—the 16th consecutive quarterly improvement, according to the Newport Beach-based Orange County Automobile Dealers Association.

OC Auto Sales on Pace to Reach 7.3% Gain

Sales at Orange County auto dealers rose 6.4% to 46,540 vehicles in the third quarter compared to the same period last year—the 16th consecutive quarterly improvement, according to the Newport Beach-based Orange County Automobile Dealers Association.

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Vizio New Title Sponsor for Fiesta Bowl

Irvine-based Vizio Inc. has signed on as the title sponsor of the 44th Annual Fiesta Bowl.

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St. John Knits CEO to Step Down

Geoffroy van Raemdonck will step down as the chief executive of the Irvine-based high-end knitwear maker St. John Knits International Inc., according to California Apparel News.

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Houston Firm Buys Stake in Brea Distributor

Minerco Resources Inc. in Houston, Texas, has acquired 30% stake in Brea-Based Avanzar Sales and Distribution LLC for $500,000.

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Placentia-Linda Hospital Names Chief Executive

Tenet Healthcare Corp. said today that Audrey Gregory is the new chief executive of Placentia-Linda Hospital.

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CareTrust Buys Idaho Senior Housing

Mission Viejo-based CareTrust REIT Inc. said today that it will spend $12 million to buy three senior housing facilities.

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OC Restaurants Sign on to Local Jobsite

Two Orange County-based restaurant chains have signed on to find employees from a new online employment service, the company behind the website said.

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Western Digital Revenue Up; Income Down

Irvine-based storage products maker Western Digital Corp. said first-quarter revenue grew 4% while income fell 15%.

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Midday Stock Roundup

The S&P 500 rose 0.65% to 1,974.46 in midday trading.

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Kodiak Takes $5M Stake in Energy Company

Newport Beach-based investment firm Kodiak Capital Group LLC has agreed to buy $5 million worth of common stock of Cirque Energy Inc., a Detroit-based developer of alternative energy sources.