Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,414.69.

By Paul Hughes May 26, 2017 10:51 a.m. share »
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Spectrum Security: Cylance to New Tower

Security software maker Cylance Inc. plans to consolidate its local operations at the soon-to-open 400 Spectrum Center office tower in the Irvine Spectrum.

By Mark Mueller May 26, 2017 9:47 a.m. share »
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Big Plans at Taco Bell

Taco Bell Corp. again updated mid-range goals at its annual investor and analyst day this week with big plans for annual revenue, international expansion and unit totals.

By Paul Hughes May 26, 2017 9:44 a.m. share »
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Emerald Expo Reports First Q1

Shares of Emerald Expositions Events Inc. in San Juan Capistrano fell slightly after the tradeshow operator met Wall Street expectations on revenue but faltered on earnings for the March quarter.

By Mediha DiMartino May 25, 2017 3:04 p.m. share »
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Lotus Sells gen-E

Lotus Innovations LLC in Irvine said it sold gen-E, an analytics company with 29 employees, to an undisclosed buyer for an undisclosed amount.

By Peter J. Brennan May 25, 2017 1:57 p.m. share »
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Firm Gives $500K to Goodwill

Law firm Greenberg Gross LLP donated $500,000 Thursday to Santa Ana-based Goodwill of Orange County to be used to boost Goodwill’s career counseling services, which will now be housed in the newly named Greenberg Gross Career Center.

By Pete Weitzner May 25, 2017 12:42 p.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.5% in midday trading to 2,415.77

By Paul Hughes May 25, 2017 11:18 a.m. share »
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Edwards Lifesciences Expands HQ With Buy

Edwards Lifesciences Corp. has bought a midsized building next to its headquarters that’s under expansion in Irvine.

By Mark Mueller, Sherry Hsieh May 25, 2017 7:33 a.m. share »
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JWA Traffic, Flights Down

JWA Traffic, Flights DownJohn Wayne Airport passenger traffic fell to 851,000 in April, from 861,000 in the same month last year—a decline of 1%, or about 10,000 passengers.

By Paul Hughes May 24, 2017 6:01 p.m. share »
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OC’s Pre-Pay: $27M

Orange County will redeem about $27.2 million in airport revenue bonds July 1 after supervisors yesterday approved the move in a 5-0 vote yesterday. A four-fifths majority was required for passage.

By Paul Hughes May 24, 2017 2:11 p.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,400.16.

By Paul Hughes May 24, 2017 10:56 a.m. share »
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Toshiba Parent Fallout Claims New OC Victim

Financially troubled Toshiba Corp. will shutter its U.S. commercial phone service division based in Irvine in the second local business closure enacted by the Tokyo conglomerate in a year.

By Chris Casacchia May 24, 2017 9:22 a.m. share »
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Tilly’s Up in Q1

Tilly’s Inc. reported sales that beat Wall Street expectations for the April quarter, sending its shares up 14% to a $279 million market cap in recent trading.

By Mediha DiMartino May 23, 2017 3:06 p.m. share »
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Irvine Software Firm Sold

Resolve Systems, an Irvine-based software company with 125 employees, was sold to Insight Venture Partners of New York. Terms were not disclosed.

By Peter J. Brennan May 23, 2017 11:46 a.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,398.83.

By Peter J. Brennan May 23, 2017 10:37 a.m. share »
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Virtual Marina

Oculus VR co-founder Palmer Luckey has bought a marina in Huntington Beach.

By Mark Mueller May 23, 2017 9:41 a.m. share »
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Hill Gets Nonprofit’s Award

Human Options gave its 2017 Dove Award to Julie Hill at its “Serious Fun” gala at Balboa Bay Resort on Saturday.

By Deirdre Newman May 22, 2017 2:08 p.m. share »
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E-tailer to Close Irvine Operation

Australian online retailer SurfStitch Group Ltd. said it will close its North American operations based in Irvine this year and shift its SWELL ecommerce business there to Australia.

By Mediha DiMartino May 22, 2017 11:10 a.m. share »
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A Case for Excellence

What a difference a decade makes. When Erwin Chemerinsky joined the University of California-Irvine as founding dean of its law school, it was under a maelstrom of controversy. Some political conservatives protested based on his reputation as a “liberal” scholar, and a backlash ensued. He will leave the law school at the end of June to become dean of the University of California-Berkeley’s School of Law, surrounded by an aura of adulation, with statistics buttressing the law school’s out-of-the-gate laurels, which many lawyers have called “unprecedented.” He’s also one of the country’s most recognized and sought-after authorities on constitutional law and has argued several cases before the U.S. Supreme Court.

By Deirdre Newman May 22, 2017 10:59 a.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.5% in midday trading to 2,392.91.

By Peter J. Brennan May 22, 2017 10:49 a.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 2,385.72.

May 19, 2017 11:21 a.m. share »
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Opus Bank Struggles to Regain Footing

Shareholders at last week’s annual meeting of Irvine-based Opus Bank had plenty to discuss about the past year when the once high-flying bank fell back to earth.

By Peter J. Brennan May 19, 2017 10:56 a.m. share »
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Brea Food Maker Names COO

Ventura Foods LLC promoted John Buckles to chief operating officer, a new position at the Brea-based maker of branded butter, margarine, mayonnaise, dressings and dips.

By Paul Hughes May 19, 2017 10:53 a.m. share »
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Juice It Up Adds in Inland Empire

Juice It Up plans in June to open a new franchised location in San Bernardino County, purchased by a husband-and-wife team that also franchises three Wienerschnitzel locations in San Bernardino and Riverside counties.

By Paul Hughes May 19, 2017 10:25 a.m. share »
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Unemployment, Jobs Down

OC’s unadjusted unemployment rate was 3.3% in April, down from a revised 3.7% in March and below the 4% reported in the same period last year, despite a net loss in jobs during that period, the state Employment Development Department said.

By Paul Hughes, Peter J. Brennan May 19, 2017 9:40 a.m. share »