OC BUSINESS JOURNAL DAILY NEWS
The S&P 500 was down 0.3% to 2,114.80.
Allan Simon plans to transfer ownership of Firebrand Media LLC to 10 of his longtime employees, according to the Laguna Beach Independent, the company’s flagship publication.
California State University-Fullerton said Dale Merrill will be dean of its College of the Arts, starting July 1.
Boot Barn Holdings Inc. reported increases in revenue and earnings for the fourth quarter and full fiscal 2015, sending its shares up more than 6% to a market value of about $620 million in trading Friday.
Shares of Pacific Sunwear of California Inc. were down about 11% in Friday trading to a $110 million market cap as the Anaheim-based apparel retailer reported lower-than-expected revenue for the first quarter of fiscal 2015.
The S&P 500 was down 0.4% to 2,115.44.
Irvine-based chipmaker Broadcom Corp. has agreed to be acquired by Avago Technologies Ltd. for $37 billion.
University of California-Irvine plans to enroll its first undergraduates this fall in a new bachelor’s of science program in data science. UC Irvine is the first UC campus to offer the degree.
Irvine-based Pacific Premier Bancorp Inc. has tapped Allen Nicholson as chief financial officer.
Arena football insider Joe Windham has been named chief executive of the LA KISS, which plays its home games at the Honda Center in Anaheim.
Tilly’s Inc. beat Wall Street expectations on earnings but slipped on revenue in the first quarter of its fiscal 2015, and shares fell more than 23% in Thursday trading.
Irvine-based IT provider Neudesic LLC has acquired Anaheim competitor Web4, which specializes in enterprise content management and human resources software.
The S&P 500 was up 0.8% to 2,121.34.
Anaheim-based lighting products maker Intense Lighting LLC has been acquired by Leviton Manufacturing Co., a Melville, N.Y.-based manufacturer of electrical wiring equipment.
John Wayne Airport reported a 5.7% year-to-year increase in total passengers to about 826,000 for April, compared with about 781,000 in the same period last year.
Major stock indices declined in midday trading on concerns over lagging economic growth.
Mission Viejo-based Jobrivet said today it received $1.2 million in angel funding, and now has raised $1.5 million total, according to cofounder Todd Peets.
The S&P 500 was flat at 2,130.28.
Orange County employers added 3,800 jobs in April, helping drive down the unemployment rate to 4.1%.
Frost Data Capital, a San Juan Capistrano-based investment firm and start-up incubator, joined other venture investors to back Maana, a developer of big-data search engine technology.
Autobytel Inc. shares were up about 30% to a market value of $185 million after the Irvine-based automotive marketing company said it acquired Dealix Corp. from CDK Global Inc. in Hoffman Estates, Ill. for $25 million.
A venture that includes Scottsdale, Ariz.-based Taylor Morrison Home Corp. has bought the stalled Pacifica San Juan home development in San Juan Capistrano.
The S&P 500 was up 0.2% to 2,130.17.
Irvine was the only city in the U.S. to rank among the top 15 for both overall population growth and the pace of its increase last year, according to estimates released today by the U.S. Census Bureau.
El Pollo Loco said it plans at least 20 restaurants for a previously announced expansion into Dallas, to include seven franchised by an affiliate of local family office, Henry Investment Group.