Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Bid for Allergan Now ‘Hostile’

Valeant Pharmaceuticals International Inc. will take its bid for Allergan Inc. directly to the Irvine-based drug maker’s shareholders.

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Taco Bell Q1 Sales Flat

Sales for Irvine-based Taco Bell Corp. were flat for the quarter ended March 22.

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Blizzcon 2014 Date Set

Irvine-based video game maker Blizzard Entertainment will hold its annual fanfest November 7 and 8 at the Anaheim Convention Center.

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Midday Stock Roundup

The S&P 500 rose 0.64% to 1,883.86 in afternoon trading Tuesday.

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Valeant Sets Bid at $47B

Valeant Pharmaceuticals Inc., an unsolicited suitor of Irvine-based drug maker Allergan Inc., has set its bid for the acquisition at $47 billion.

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BJ's Strikes Deal With Activist Investors

Huntington Beach-based casual dining operator BJ's Restaurants Inc. said Tuesday it struck a deal with two activist investors that includes three new board nominees, one new director’s seat, and a $50 million share repurchase program.

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Allergan Subject of Takeover Bid

Shares of Irvine-based drug maker Allergan Inc. jumped in after-hour trading today on reports of a takeover offer by Valeant Pharmaceuticals International Inc. and activist investor William Ackman.

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Private Companies Wanted for Annual List

SPECIAL ISSUE: List will be centerpiece of June 23 edition

The Business Journal is preparing its annual list of privately owned companies for publication in June.

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Q1 Profit Up for Cal Republic Bank

Irvine-based California Republic Bancorp announced first-quarter earnings of $3 million, compared with about $82,000 in the year-earlier period.

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Midday Stock Roundup

The S&P 500 rose 0.25% to 1,869.57 in afternoon trading Monday.

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First Foundation Files for IPO

Irvine-based financial services company First Foundation Inc. has filed for an initial public offering of its common stock.

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HB Tray Manufacturer to Build Facility in N.C.

Huntington Beach-based Cambro Manufacturing, maker of plastic products for the food services industry, has announced plans to build a facility in North Carolina in an investment that’s expected to top $30 million.

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HB Tray Manufacturer to Build Facility in N.C.

Huntington Beach-based Cambro Manufacturing, maker of plastic products for the food services industry, has announced plans to build a facility in North Carolina in an investment that’s expected to top $30 million.

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OC Jobless Rate Down to 5.8%

Orange County’s economy added 3,500 jobs in March, when the unemployment rate dipped to 5.8% from 5.9% the month prior and 6.4% a year earlier.

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Allergan Acquires Dermal Filler Candidate

Irvine-based Allergan Inc. acquired a dermal filler candidate from Menlo Park-based incubator TauTona Group.

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Acacia Shares Fall on Q1 Report

Shares of Acacia Research Corp. fell in after-hours trading Thursday after the Newport Beach-based company reported first quarter revenue and adjusted profits that widely missed Wall Street expectations.

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Irvine Call-Center Operator Expands Into Honduras

Irvine-based call-center operator Alorica Inc. is opening an office in Honduras to support increasing business opportunities there.

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Midday Stock Roundup

The markets are closed today in observance of Good Friday.

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Irvine Call-Center Operator Expands Into Honduras

Irvine-based call-center operator Alorica Inc. is opening an office in Honduras to support increasing business opportunities there.

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Allergan Acquires Dermal Filler Candidate

Irvine-based Allergan Inc. said today that it acquired a dermal filler candidate from Menlo Park-based incubator TauTona Group.