Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Fowlers Pledge $100M to Chapman

Dale and Sarah Ann Fowler will give $45 million to Chapman University to help it establish an engineering school, on top of a previous $55 million commitment to its law school.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,358.69.

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Quiksilver Settles with Ex-Employees

A bankruptcy court judge approved Quiksilver Inc.’s settlement agreement with 26 former employees, who were looking to collect about $7 million in severance pay, according to documents filed with the U.S. Bankruptcy Court for the District of Delaware.

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CSUF Gets Funds

California State University-Fullerton’s Master of Social Work program has received more than $1 million in federal funding for the seventh consecutive year.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,362.50.

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Craig to Chair New Majority

Retail developer Steve Craig has been named chairman of New Majority California’s Orange County Chapter.

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Midday Stock Roundup

The S&P 500 was down 0.1% to 2,363.94.

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Kaiser Tops Expectations

Kaiser Aluminum Corp. beat Wall Street expectations on revenue and earnings for the fourth quarter and full year.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,359.63.

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Concordia Institute Adds Programs

Concordia University in Irvine said it would start three new online graduate certificate programs in March through its new Townsend Institute for Leadership & Counseling.

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Avenu Medical Raises $13M

Avenu Medical Inc. in San Juan Capistrano has raised about $13.1 million through private placement, according to filings with the Securities and Exchange Commission.

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Midday Stock Roundup

U.S. stock markets are closed for the Presidents Day holiday.

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Vans’ Revenue Tops for VF Corp.

Annual revenue at Vans Inc. climbed 6% to $2.3 billion in 2016, making it the largest and fastest growing brand for parent VF Corp.

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Palace Parent Posts Gains, Pares Loss

Palace Entertainment Holdings LLC in Newport Beach reported higher revenue in its most recent quarter, as part of a quarterly report by publicly traded parent Parques Reunidos Servicos Centrales SA in Madrid.

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Second Pendry Set for March

The Sagamore Pendry Baltimore hotel is set to open March 20 in the Fells Point neighborhood of the city, following the debut of the first Pendry in San Diego’s Gaslamp quarter earlier this month.

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Gen. William Lyon Steps Down from Homebuilder's Board

Newport Beach-based homebuilder William Lyon Homes said that its namesake and founder, General William Lyon, has stepped down as a director of the company.

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Aliso Viejo Ad Tech Shop to Close

iHeartMedia Revenue Platforms is shutting down its Aliso Viejo office and moving operations to Texas.

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Midday Stock Roundup

The S&P 500 was down 0.1% to 2,343.22.

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New GM for Element Skateboards

Element Skateboards Inc. in Irvine named David Brooks its new global general manager, the brand’s top executive position.

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CoreLogic CEO Takes Temporary Leave

Irvine-based CoreLogic Inc. said that Chief Executive and President Anand Nallathambi is taking a temporary medical leave of absence from the company.

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Vanguard Exec to Head Nurse Group

Mary Wickman, director of nursing and professor of nursing at Vanguard University in Costa Mesa, was named president of the Association of California Nurse Leaders.

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Midday Stock Roundup

The S&P 500 was up 0.3% in midday trading to 2,343.58.

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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,333.77.

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OCVA Names New Board

Orange County Visitors Association named its new board for the 2017-2018 term.

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Sunstone Sells Fairmont for $125M

Hotel REIT Sunstone Hotel Investors Inc. in Aliso Viejo sold Fairmont Newport Beach for $125 million.