Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

Tease photo

Lombard In Aneurysm Device Deal

Irvine-based Lombard Medical Inc. said today it bought startup Altura Medical Inc. in a deal that could be worth up to $54 million, depending upon milestones.

Tease photo

Ingram Micro’s Q2 Profit Beats

Santa Ana-based Ingram Micro Inc. after the close of intraday trading reported second-quarter revenue that missed Wall Street expectations and adjusted profits that narrowly beat estimates.

Tease photo

Edwards Director Steps Down

Irvine-based Edwards Lifesciences Corp. said today that Robert Ingram has retired from its board of directors.

Tease photo

Broadcom Has Mixed Q2

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.

Tease photo

Midday Stock Roundup

The S&P 500 was flat at 2,107.64.

Tease photo

Banc of California Profit, Loans Up

Banc of California Inc. reported an 82% year-over-year increase in its second-quarter profit to $13.1 million.

Tease photo

King’s Seafood Takes Water Grill to Dallas

Costa Mesa-based King’s Seafood Co. plans to open a Water Grill restaurant in Dallas in the fall of 2016.

Tease photo

Del Taco Signs for 10 in Tenn.

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.

Tease photo

Business Journal Honors 5 Family-Owned Businesses

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.

Tease photo

YL Software Maker Acquired

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.

Tease photo

WD Beats on Profit, Revenue in Line

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.

Tease photo

SA Design Firm Buys Atlanta Co.

Santa Ana-based facilities design firm Salas O’Brien Engineers said it acquired Atlanta-based firm HESM&A Consulting Engineers on undisclosed terms.

Tease photo

FDA OKs ReShape Medical’s Device

San Clemente-based ReShape Medical Inc. said the Food and Drug Administration approved its ReShape Integrated Dual Balloon device for non-surgical weight loss.

Tease photo

Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,102.57.

Tease photo

Corinthian Creditors to Vote on BK Plan

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.

Tease photo

SA Security Firm Buys in Tennessee

Santa Ana-based Universal Protection Service has acquired Guardsmark in Memphis, Tenn., on undisclosed terms.

Tease photo

Edwards Beats on Profit, EPS Down in Q2

Irvine-based Edwards Lifesciences Corp. reported financial results today that exceeded analysts’ forecasts in some areas though earnings per share declined.

Tease photo

International Traffic Helps Lift JWA

John Wayne Airport had an 8% year-over-year hike in international travelers in June, its first monthly increase of the year.

Tease photo

Midday Stock Roundup

The S&P 500 was up 1% in midday trading to 2,091.77.

Tease photo

Kareo Raises $55 Million

Irvine-based Kareo Inc. said today that it has received a $55.4 million investment.

Tease photo

Cylance Gets $42M

Irvine-based security software maker Cylance Inc. has raised $42 million in a Series C funding round led by DFJ Growth in Menlo Park.

Tease photo

Corinthian Seeks to Sell Heald Name

Santa Ana-based Corinthian Colleges Inc. wants to sell some of its Heald College intellectual property for $80,000, according to Dow Jones.

Tease photo

New Post for Baden Amid Layoffs at Oakley

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.

Tease photo

Del Taco Q2 Numbers Up

Lake Forest-based Del Taco Restaurants Inc. reported about $11 million in earnings for its June quarter, a 30% increase over the same period last year.

Tease photo

Opus Bank Q2 Profit, Loans Up

Opus Bank reported higher year-over-year net income in the second quarter thanks to growth on a number of fronts, including interest income on loans and noninterest income.