Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

Tease photo

Versant Closes $305M Fund

Healthcare-focused venture capital firm Versant Ventures has raised $305 million for its latest fund.

Tease photo

Midday Stock Roundup

The S&P 500 was fell 0.4% to 1,993.76 in midday trading.

Tease photo

WD’s Former Hitachi Unit in Buy

A San Jose-based unit of Western Digital Corp. has acquired a maker of solid-state storage systems used in scaling cloud and enterprise data centers.

Tease photo

Times Gets “Protective Order” on Claim Against Register

A Superior Court judge in Los Angeles has granted the Los Angeles Times’ request for a “temporary protective order” against Santa Ana-based Freedom Communications Holdings Inc.’s flagship Orange County Register.

Tease photo

OC Fair Names CEO

The Costa Mesa-based OC Fair & Events Center named Kathy Kramer its new Chief Executive.

Tease photo

Irvine Bank CEO and CFO to Retire

Irvine-based Pacific Enterprise Bank said Chief Executive Rick Ganulin will retire at the end of the year.

Tease photo

OC Fair Names CEO

The Costa Mesa-based OC Fair & Events Center named Kathy Kramer its new Chief Executive.

Tease photo

Times Gets “Protective Order” on Claim Against Register

A Superior Court judge in Los Angeles has granted the Los Angeles Times’ request for a “temporary protective order” against Santa Ana-based Freedom Communications Holdings Inc.’s flagship Orange County Register.

Tease photo

Irvine Bank CEO and CFO to Retire

Irvine-based Pacific Enterprise Bank said Chief Executive Rick Ganulin will retire at the end of the year.

Tease photo

Midday Stock Roundup

The S&P 500 declined 0.8% to 2,019.62 in midday trading.

Tease photo

El Pollo Loco Closes $200M Debt Deal

Costa Mesa-based El Pollo Loco Holdings Inc. said today it closed on a new $200 million lending agreement that cuts its interest costs by about $7 million a year.

Tease photo

Mortgage Lender to Expand in OC

Stonegate Mortgage Corp. in Indianapolis said it plans to make more than 175 hires in Orange County for its recently created loan servicing subsidiary Stonegate Direct in Lake Forest.

Tease photo

Private Equity Firm Gets Fox Head

Private equity firm Altamont Capital Partners in Palo Alto said it acquired a majority stake in Fox Head Inc., in a deal estimated at more than $200 million.

Tease photo

British Columbia Travel Promo Uses Oculus Rift

Count British Columbia’s tourism agency as the latest enterprise to utilize the breakthrough virtual reality headset Oculus Rift developed by Irvine-based startup Oculus VR Inc.

Tease photo

Brandman to Accept Units from Free Program

Brandman University in Irvine said it will accept a limited number of credits from a Washington, D.C.-based online education nonprofit that doesn’t charge for its courses.

Tease photo

Quiksilver Up on Quarterly Numbers

Shares of Quiksilver Inc. rose about 30% to $1.92 and a market value of $330 million in early trading Friday, after it reported a narrower loss after markets closed yesterday.

Tease photo

Alliant Acquires Employee Benefits Firm in N.Y.

Alliant Insurance Services Inc. in Newport Beach has acquired the Camps Group, a New York-based brokerage firm that specializes in employee benefits services.

Tease photo

Parker Hannifin Takes Stake in Irvine Manufacturer

Freedom Innovations LLC, an Irvine-based maker of prosthetic devices, has received a minority equity investment from diversified manufacturer Parker Hannifin Corp.

Tease photo

Midday Stock Roundup

Major stock indices were up strongly in midday trading.

Tease photo

Brandman to Expand Community College Sites

Irvine-based Brandman University plans to expand its presence at community colleges, the school said.

Tease photo

Yogurtland to Enter Thailand

Irvine-based Yogurtland Franchising Inc. said a new franchisee in Thailand plans to open 15 stores there.

Tease photo

Wet Seal Puts BK in Picture After Weak Q3

Shares of Wet Seal Inc. sank more than 65% to 9 cents and a market value of $8 million in midday trading, after the teen and contemporary retail chain said it might “seek a restructuring or other relief under the provisions of the U.S. Bankruptcy Code” if it can't address its immediate liquidity needs.

Tease photo

Midday Stock Roundup

Major stock indices were down in midday trading on a decline in oil prices.

Tease photo

Freedom Adds Duties to Publisher’s Plate

Rich Mirman, interim publisher of the Orange County Register, will take on similar duties at the Riverside-based daily Press-Enterprise, according to Freedom Communications Holdings Inc. in Santa Ana.

Tease photo

Broadcom Up on iPhone Sales, Shareholder Initiatives

Broadcom Corp. shares continued to modestly climb Wednesday, a day after the Irvine-based chipmaker laid out its corporate strategy to analysts for the upcoming year.