Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Chapman Gets $2M Award

Chapman University won Children’s Hospital of Orange County’s first Philanthropic Venture Funding Competition.

By Deirdre Newman July 26, 2017 12:13 p.m. share »
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Fish House Files Furlough Notice

King’s Fish House in Laguna Hills plans a temporary layoff of 92 workers, according to a Worker Adjustment and Retraining Notice (WARN) it filed with the state Employment Development Department July 17.

By Paul Hughes July 26, 2017 11:21 a.m. share »
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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,477.62

By Paul Hughes July 26, 2017 10:42 a.m. share »
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Kingston’s HyperX Hosts Esports Stars

It’s early afternoon at HyperX’s Fountain Valley headquarters.

By Chris Casacchia July 26, 2017 9:41 a.m. share »
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United Capital Buys 3 Firms

United Capital Financial Advisers LLC of Newport Beach said it bought three wealth advisory firms with a combined $758 million in assets under management and offices in four states.

By Peter J. Brennan July 25, 2017 4:46 p.m. share »
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Ex-Microsoft Exec Joins St. Joseph

Providence St. Joseph Health appointed Venkat Bhamidipati as executive vice president and chief financial officer, effective July 31.

By Sherry Hsieh July 25, 2017 3:27 p.m. share »
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Incubator Gets $4.5M for Okami

Aliso Viejo-based Inceptus Medical LLC said it helped Okami Medical Inc. raise a $4.5 million series B financing from U.S. Venture Partners in Menlo Park and other individual investors.

By Sherry Hsieh July 25, 2017 3:16 p.m. share »
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Rebound Raises $16.5M

Irvine-based medical device company Rebound Therapeutics Corp. raised $16.5 million in Series B financing.

By Sherry Hsieh July 25, 2017 3:13 p.m. share »
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Allegro Raises $10.7M

Allegro Ophthalmics LLC in San Juan Capistrano raised $10.7 million in equity financing. Terms were not disclosed.

By Sherry Hsieh July 25, 2017 2:21 p.m. share »
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SEC Recommends Ubiquity Stock be Revoked

The Securities and Exchange Commission’s Division of Enforcement has recommended the stock of Irvine-based Ubiquity Inc. be revoked, according to SEC documents.

By Deirdre Newman July 25, 2017 12:37 p.m. share »
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Midday Stock Roundup

The S&P 500 rose 0.4% in midday trading to 2,480.20.

By Peter J. Brennan July 25, 2017 10:36 a.m. share »
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OC Wins One at FAA

The Federal Aviation Administration denied a Part 16 complaint against Orange County filed by Signature Flight Services Corp. over fixed-base operations at John Wayne Airport.

By Paul Hughes July 25, 2017 10:17 a.m. share »
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NB Activist Restarts Battle

Newport Beach-based Engaged Capital LLC renewed its battle against Rent-A-Center Inc. (NASDAQ: RCII).

By Peter J. Brennan July 25, 2017 10 a.m. share »
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OC Soccer’s Reboot

James Keston will cap a whirlwind first year of sports ownership under the bright lights by moving his club into Orange County’s newest stadium.

By Mark Mueller July 25, 2017 8 a.m. share »
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Vans Up in Q2

Vans, the largest and fastest-growing brand for parent VF Corp., posted a 9% uptick in revenue in its second quarter, which ended July 1.

By Mediha DiMartino July 24, 2017 5:13 p.m. share »
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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,470.10.

By Peter J. Brennan July 24, 2017 10:31 a.m. share »
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Luxe Deal: South Coast Plaza Buys Out Sears

The owners of South Coast Plaza have bought back a large chunk of property at the Costa Mesa shopping center from department store operator Sears Holdings Corp., the Business Journal has learned.

By Mark Mueller July 24, 2017 10:16 a.m. share »
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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,470.65.

By Paul Hughes July 21, 2017 11:04 a.m. share »
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Brands Try to Swim Away From Pack

Local swimwear makers’ approach to growth varied as much as the designs they presented at Swim Collective, a biannual trade show held last week at the Hyatt Regency Huntington Beach Resort and Spa.

By Mediha DiMartino July 21, 2017 9:59 a.m. share »
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OC Unemployment 3.8%

Orange County’s unadjusted unemployment rate rose to 3.8% in June from a revised 3.1% in May and below the 4.3% reported for the same period last year, the state Employment Development Department said.

By Peter J. Brennan July 21, 2017 9:37 a.m. share »
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John Wayne Traffic Flat in June

John Wayne Airport said 902,059 passengers moved through the facility in June, compared with 902,673 in the same month last year.

By Paul Hughes July 20, 2017 5:50 p.m. share »
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PacLife Gives $1M to HomeAid

Pacific Life Foundation gave $1 million to HomeAid Orange County to help pay for the group’s new Family CareCenter.

By Paul Hughes July 20, 2017 4:52 p.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,475.69.

By Paul Hughes July 20, 2017 11:26 a.m. share »
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Kofax Extends Sales Streak

They say good things come in threes.

By Chris Casacchia July 20, 2017 9:35 a.m. share »
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Register Parent Sells Distributor

Digital First Media and co-owner Los Angeles Times sold their CIPS Marketing Group to ACI Last Mile Network on undisclosed terms.

By Henry Meier, Paul Hughes July 19, 2017 6:11 p.m. share »