Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Sales Up for 3 OC Auto Brands

Three of the four Orange County-based automakers beat the national sales pace for new vehicles in August, according to New Jersey-based market researcher Autodata Corp.

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Midday Stock Roundup

Major indices were down in midday trading on renewed fears related to China’s economy.

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Hueston to Represent Navajo Nation in Spill Claims

Orange County attorney John Hueston has been tapped to represent the Navajo Nation in a lawsuit against the U.S. Environmental Protection Agency.

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Midday Stock Roundup

The S&P 500 was down 0.6% to 1,976.88.

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Anna’s Linens Postpones Part of Auction

Anna’s Linens Inc. in Costa Mesa has postponed the auction of its intellectual property, according to documents filed with the U.S. Bankruptcy Court for the Central District of California in Santa Ana.

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Anna’s Linens Postpones Part of Auction

Anna’s Linens Inc. in Costa Mesa has postponed the auction of its intellectual property, according to documents filed with the U.S. Bankruptcy Court for the Central District of California in Santa Ana.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 1,981.28.

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Midday Stock Roundup

Major indices were higher in midday trading after the U.S. GDP growth rate for the second quarter was revised upward to 3.7% from 2.3% and strong labor market numbers.

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Job Cuts at WD

Western Digital Corp. has cut 81 positions at its Irvine headquarters, slightly more than 4% of its local employment base, the company confirmed to the Business Journal.

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Tilly’s Mixed Quarter

Shares in Tilly’s Inc. fell in after-hours trading Wednesday after missing Wall Street expectations but rose again by midday Thursday on higher net sales.

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Corinthian BK Approved

Corinthian Colleges Inc.’s bankruptcy plan was approved by a bankruptcy judge, the Wall Street Journal said.

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MemorialCare and Aetna Collaborating on Network

Fountain Valley-based MemorialCare Health System said today it is collaborating with West Hartford, Conn.-based Aetna Inc. on a new accountable care network.

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Concordia Student Count Up 132% in 10 Years

Concordia University-Irvine said a trade publication for higher education listed the school as one of the fastest-growing private nonprofit universities nationally as a result of a 132% increase in students over 10 years—from about 2,300 students in 2003 to about 4,050 in 2013.

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Midday Stock Roundup

Major indices were up strongly in midday trading.

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ReShape Gets $38M in Financing

San Clemente-based ReShape Medical Inc. said today it received a $38 million round of financing.

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St. Joseph Hoag, Masimo Plan Wellness Center

St. Joseph Hoag Health and Masimo Corp., both based in Irvine, said today that they plan to open a wellness center.

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Midday Stock Roundup

Major indices rebounded in midday trading after yesterday’s decline, responding to an interest rate cut in China, calmer global markets and rising U.S. home sales.

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July Traffic Jumps at JWA

John Wayne Airport said passenger traffic increased nearly 11% in July compared with the same month last year.

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Midday Stock Roundup

Major indices were down sharply in early trading on global economic fears and a decline in oil futures to a six-year-low, with some recovery by midday.

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Stearns to Sell Majority Stake to Blackstone

Santa Ana-based mortgage lender Stearns Holdings LLC has agreed to sell a majority stake to the Blackstone Group LP, a global asset manager in New York.

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OC Cuts Jobs, Unemployment Rate Up

Orange County’s unemployment rate inched up last month as employers continued to make job cuts.

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Stearns to Sell Majority Stake to Blackstone

Santa Ana-based mortgage lender Stearns Holdings LLC has agreed to sell a majority stake to the Blackstone Group LP, a global asset manager in New York.

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OC Cuts Jobs, Unemployment Rate Up

Orange County’s unemployment rate inched up last month as employers continued to make job cuts.

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Midday Stock Roundup

Major indices declined in midday trading on concerns that global growth would be stymied by continued economic unrest in China.

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QLogic Makes Leadership Changes

QLogic Corp. this morning announced that two women will take the top management posts of the Aliso Viejo-based-based networking equipment maker.