Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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PacSun’s Shares Down on Q2 earnings, Q3 Forecast

Shares of Pacific Sunwear of California Inc. were down 8.7% in midday trading Friday after the retailer said it anticipates a third-quarter loss between 4 cents and 9 cents a share, and revenue between $203 million and $208 million.

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Midday Stock Roundup

The S&P 500 rose 0.23% to 2,001.22 in midday trading Friday.

AllDigital Holdings CEO Dies Suddenly

Paul Summers, the chairman and chief executive of Irvine-based AllDigital Holdings Inc., has died unexpectedly.

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PacSun’s Shares Down on Q2 earnings, Q3 Forecast

Shares of Pacific Sunwear of California Inc. were down 4.3% in after-hours trading Thursday after the retailer said it anticipates a third-quarter loss between 4 cents and 9 cents a share, and revenue between $203 million and $208 million.

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Chapman MBA Students in Tech Marketing Plan

Students in Chapman’s MBA program are developing ideas for marketing and using “Internet of Things” products made by Austin, Texas-based HID Global.

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Midday Stock Roundup

The S&P 500 fell 0.13% to 1,997.55 in midday trading Thursday.

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Corinthian Says Back Rent Paid Up

Santa Ana-based Corinthian Colleges said it has caught up on rent payments for its headquarters at the Hutton Centre near the Costa Mesa (55) Freeway in Santa Ana.

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Tilly’s Shares Fall on Q3 Projections

Shares of Tilly’s Inc. were down about 6% at midday on weak third quarter projections.

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Tilly’s Shares Fall on Q2 Numbers

Shares of Tilly’s Inc. fell 9% to about $7.70 and a market cap of about $212 million in after-hours trading Wednesday after the retailer posted a 70% drop in earnings for the second quarter that ended Aug. 2.

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Trial Date on Special Allergan Meeting Set

A Delaware Chancery Court judge today set a Oct. 6 date for a trial over the timing of a special meeting of Irvine-based Allergan Inc. shareholders.

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Kia Plans Assembly Plant in Mexico

South Korea-based Kia Motors Corp. plans to construct a $1.5 billion assembly plant in Mexico, a senior automotive industry source in Mexico City told Automotive News.

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Aliso Viejo-Based Device Maker Sold

Aliso Viejo-based WaveTec Vision Systems Inc. will be bought by Alcon Inc., according to a statement issued today.

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UCI Computer Science Prof to FCC

University of California Irvine computer science professor Scott Jordan has been named the chief technology officer of the Federal Communications Commission.

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Midday Stock Roundup

The three major stock indices were flat in midday trading Wednesday.

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NB Management Consultant Acquired

Beacon Resources LLC in Newport Beach has been acquired by Woodland Hills-based professional services firm DLC.

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OC Auto Sales Up 7.7% in July

Sales of new vehicles at Orange County auto dealers rose 7.7% to 14,011 vehicles in July compared with the same period last year, according to the Newport Beach-based Orange County Automobile Dealers Association.

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OC Auto Sales Up 7.7% in July

Sales of new vehicles at Orange County auto dealers rose 7.7% to 14,011 vehicles in July compared with the same period last year, according to the Newport Beach-based Orange County Automobile Dealers Association.

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Wisconsin Firm Hiring 700 in Brea

Alta Resources, a Neenah, Wis.-based business process outsourcing company, is planning to hire some 700 workers for its Brea facility.

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$1 Million Grand Prize in Wienerschnitzel Sweepstakes

Wienerschnitzel is offering $1 million as the grand prize in its latest “Cash in on a Corn Dog” sweepstakes.

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July Traffic Ekes Up at JWA; Int’l Down

John Wayne Airport said passenger traffic rose slightly in July 2014 compared to the same period last year.

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Allergan Sets Special Shareholder Meeting

Irvine-based Allergan Inc. will host a special shareholders’ meeting on Dec. 18, according to a court filing today.

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Midday Stock Roundup

The S&P 500 rose 0.21% to 2,002.10 in midday trading Tuesday.

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Corinthian to Sell Assets; Second Deal Blocked

Santa Ana-based Corinthian Colleges Inc. said it would sell some assets to raise money to fund the winding down of its operations but that federal regulators had blocked a second deal.

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Santa Ana Ed Marketer Gets $8M

Santa Ana-based Greenwood Hall Inc. said it received $8 million in debt and equity financing to “recapitalize” the company.

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Western Digital Taps New CFO

Irvine-based memory products maker Western Digital Corp. has named Amgen Inc. executive Olivier Leonetti its next chief financial officer.