Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Chapman Names New Trustees, Governors

Chapman University today named the newest members of its Board of Trustees and Board of Governors.

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PIMCO Names 9 New Managing Directors

Newport Beach-based PIMCO, one of the world’s largest investment firms, with $1.47 trillion in assets under management, appointed nine new managing directors.

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Alteryx Prices IPO

Irvine-based analytics software maker Alteryx Inc. will sell 9 million shares of Class A common stock valued between $12 and $14 per share under terms of its initial public offering, according to a filing today with the Securities and Exchange Commission.

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Whittier Trust Appoints Doti

Whittier Trust, a private family office in South Pasadena that serves 349 families and has $11 billion in assets under advisement, has appointed Jim Doti to its board of directors.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,369.96.

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Pelican Hill Names Managing Director

Tom Donovan will join Resort at Pelican Hill in Newport Coast at the end of the month as managing director.

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Disney-Area Ramada to Reflag

Ramada Plaza Anaheim plans to become a Wyndham Garden hotel after a $4 million renovation set to take six months.

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Disney-Area Ramada to Reflag

Ramada Plaza Anaheim plans to become a Wyndham Garden hotel after a $4 million renovation set to take six months.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,366.14.

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El Pollo Loco’s Sather to Retire

El Pollo Loco Holdings Inc. president and Chief Executive Steve Sather plans to retire by year-end, the company said on Thursday.

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Grand Californian Gets Redo

Disney’s Grand Californian Hotel & Spa in Anaheim is being renovated with changes to its guest rooms, lobby, pool and other areas in “the most extensive refurbishment since” the 948-room property opened in 2001.

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JWA January: Up 1%

John Wayne Airport passenger traffic was up about 1% in January compared with the same month last year.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,365.49.

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Alignment Snatches $115M

Irvine-based Alignment Healthcare secured a $115 million investment from New York-based private equity firm Warburg Pincus LLC to support its U.S. expansion.

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Spitz Gets Callahan for Freedom Fight

Eric Spitz, a former partner and president of Freedom Communications Inc., has retained attorney Daniel J. Callahan to resolve a pension dispute with the bankruptcy creditors of the company that previously owned the Orange County Register.

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Five Entrepreneurs Feted

More than 300 members of the Orange County business community celebrated five winners during a luncheon at the Business Journal’s 16th Annual Excellence in Entrepreneurship Awards.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,370.10.

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New Corporate Name for Quiksilver

Quiksilver Inc. in Huntington Beach changed its corporate name to Boardriders Inc. today.

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New President for Mophie

ZAGG Inc. named Chris Ahern president of Mophie LLC, its Tustin-based subsidiary.

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County Named in New FAA Filing

Signature Flight Services Corp. filed a complaint today with the Federal Aviation Administration in response to the Orange County Board of Supervisors’ recent decision to award a contract to operate one of two fixed-based operations at John Wayne Airport to a competitor.

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Del Taco Adds in Fla., Ga.

Del Taco Restaurants Inc. in Lake Forest said franchisees would open 10 restaurants in West Palm Beach County, Fla., a new market for the fast food chain, and six in Georgia, over the next several years.

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Clean Energy Shares Jump on Q4

Shares of Clean Energy Fuels Corp. surged in afterhours trading after the Newport Beach-based company reported sales and adjusted earnings in the fourth quarter that easily beat Wall Street expectations.

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Bank Shifts Funds for Stadium Deal

Irvine-based Banc of California plans to reallocate $3.5 million in sponsorships to partially offset the costs for the naming rights to the new $350 million stadium of the Los Angeles Football Club.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,371.72.

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Drakes to Get UCI Medal

Michael Drake, former chancellor of the University of California-Irvine, and his wife, Brenda Drake, will receive the UCI Medal at the Lauds & Laurels celebration on March 30.