Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Concordia Seeks 95,000 SF Expansion

Concordia University in Irvine has asked the city for approval to demolish buildings, construct new ones and add dorms and parking to its campus.

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Whole Foods Coming to Irvine Spectrum

Grocery chain Whole Foods Market will anchor a new shopping center in the Irvine Spectrum next to the Los Olivos apartment complex.

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Western Digital’s June Quarter Beats Wall Street

Irvine-based storage products maker Western Digital Corp. on Wednesday reported revenue and adjusted profits in the June quarter that beat Wall Street expectations.

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Jackson Asks for Broadcom’s Data on Race, Gender of Employees

Irvine-based chipmaker Broadcom Corp. is among the latest large technology companies to be pressured to provide employment data on race and gender as concerns rise over diversity in the influential sector.

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Edwards’ Profit Gain Fueled by Settlement

Irvine-based Edwards Lifesciences Corp. today reported second-quarter results that surpassed Wall Street’s expectations.

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Midday Stock Roundup

The S&P 500 was down 0.23% to 1,965.44 in midday trading Wednesday.

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CalFirst Bank Posts Flat Full-Year Profit

Irvine-based California First National Bancorp reported its fiscal year-end results, including about $7.3 million in full-year profit, about the same as a year earlier.

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Profit, Loans Up for Cal Republic

California Republic Bancorp reported $3.3 million in second-quarter profit, a 14% growth from the same period last year.

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Fisker’s Bankruptcy Plan Approved

The Chapter 11 plan for Costa Mesa-based Fisker Automotive Inc. got approval from the United States Bankruptcy Court for the District of Delaware.

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Edwards’ Profit Gain Fueled by Settlement

Irvine-based Edwards Lifesciences Corp. today reported second-quarter results that surpassed Wall Street’s expectations.

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JWA Uptick in June

Airline passenger traffic at John Wayne Airport grew in June compared to the same month last year, the airport said.

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Midday Stock Roundup

The S&P 500 was flat at 1,980.43 in midday trading Tuesday.

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MemorialCare Hospital Enters Pediatric Care Alliance

Fountain Valley-based MemorialCare Health System said today that its Miller Children’s Hospital formed an alliance with Torrance Memorial Medical Center.

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Allergan Raises Bar on Raiders With Cost Cuts, Pledge on Profits

Allergan Inc.’s promise of cost cuts and higher profits might have put the company out of its hostile suitors’ reach.

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Alphaeon Buys Eye Product Maker

Newport Beach-based Alphaeon Corp. said today that it bought Physician Recommended Nutriceuticals LLC in a deal that it said could be worth up to $55 million.

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Midday Stock Roundup

The S&P 500 declined 0.2% to 1,974.78 in midday trading Monday.

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Opus Posts Higher Loans, Lower Profit for Q2

Irvine-based Opus Bank posted $10.3 million in profit in the second quarter, down about 45% from the same period last year.

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NB Investor in $3M Deal for App Developer

Newport Beach-based private equity investor Kodiak Capital Group LLC has made a $3 million commitment to fund Eventure Interactive Inc. in Costa Mesa, a developer of social communications-oriented mobile applications.

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El Pollo Loco Stock Debuts Strong

El Pollo Loco’s IPO started on a strong note with a price at the top of its range and a 48% jump by midday.

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Pacific Premier Grows Loans, Income in Q2

Irvine-based Pacific Premier Bancorp Inc. reported $4.6 million in net income for the second quarter compared with a loss of $249,000 a year earlier.

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Midday Stock Roundup

The S&P 500 fell 0.47% to 1,978.68 in midday trading Friday.

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Pac Merc Swings to Profit in Q2

Costa Mesa-based Pacific Mercantile Bancorp Inc. managed to swing to a profit in the second quarter from the same period a year earlier, notching $4,000 in earnings.

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BJ’s Beats Estimates, Shares Up

Shares of BJ’s Restaurants Inc. jumped more than 15% following the company’s second-quarter earnings that beat analyst estimates and its guidance on two positive financial trends for the future.

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Ms. America Comes to Brea

The 2014 Ms. America Pageant will be in Brea this year at the Curtis Theater on Aug. 9.

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Ingram Beats Revenue, Profit Targets in Q2

Santa Ana-based Ingram Micro Inc. on Thursday reported second-quarter revenue and adjusted profits that beat Wall Street expectations.