Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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JWA Numbers Up Again

John Wayne Airport handled 907,000 passengers in March, a 9% increase compared with 832,000 in the same month last year.

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Acorns Raises $30M Series D

Irvine-based Acorns Grow Inc. raised $30 million in Series D funding that includes investments from Palo Alto-based PayPal and Rakuten Fintech Fund, the investment arm of an e-commerce company in Tokyo.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,095.19.

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PacPremier Profit, Loans, Deposits Up

Shares in Irvine-based Pacific Premier Bancorp Inc. closed up 1.7% to $21.68 and a market cap $597 million after the company reported first quarter net income of $8.6 million, a 387% increase from the same period a year ago.

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Chinese Company Buys in Santa Ana

Santa Ana-based point-of-sale terminal maker ExaDigm Inc. merged on undisclosed terms with Shenzhen Xinguodu Technology Co., Ltd., a China-based maker of POS systems and electronic payments products.

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Kaiser Aluminum Misses on Revenue

Shares in Foothill Ranch-based Kaiser Aluminum Corporation close down about 1% to $86.58 and a market cap of $1.6 billion after the company reported first quarter net income of $26 million.

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UCI Offers New Take on Batteries

University of California-Irvine researchers have invented a unique kind of battery material that they contend can be recharged hundreds of thousands of times.

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Busch Family Gives $15M

The Busch Family Foundation in Irvine gave $15 million to Catholic University of America, news reports said.

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Four UCI Faculty Named to Academy

Four University of California-Irvine faculty and one alumnus will be inducted in October into the American Academy of Arts and Sciences.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,108.66.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,096.26.

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Anaheim Advances $209M Hotel

Anaheim’s Planning Commission on Monday approved plans for a 580-room hotel at the corner of Harbor Boulevard and Disney Way, which sends the proposal to the city council to consider on May 17.

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Western State, CSUF Still Neighbors

Western State College of Law has moved from Fullerton to Irvine, leasing space at 1 Banting in Irvine, part of a two-building California State University-Fullerton Irvine campus in the Irvine Spectrum.

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Provost Honored By Optometry Group

Marshall B. Ketchum University Provost Morris Berman will receive the 2016 Lifetime Achievement Award from the Association of Schools and Colleges of Optometry at the association’s annual leadership luncheon in Boston in June.

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Register Has New VP Advertising/GM

Digital First Media appointed Henry Williamson to oversee sales strategies as vice president of advertising at The Orange County Register.

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Midday Stock Roundup

The S&P 500 was up 0.5% in midday trading to 2,091.28.

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SJC Company Buys in Europe

San Juan Capistrano-based toilet component maker Fluidmaster, Inc. acquired on undisclosed terms WISA BV, a restroom components designer and maker in the Netherlands.

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Port Chief On President’s Advisory Group

U.S. Department of Commerce Secretary Penny Pritzker named Port of Long Beach Chief Executive Jon Slangerup to the department’s advisory committee on supply chain competitiveness.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,078.19.

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Port Chief On President’s Advisory Group

U.S. Department of Commerce Secretary Penny Pritzker named Port of Long Beach Chief Executive Jon Slangerup to the department’s advisory committee on supply chain competitiveness.

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Santa Margarita Toyota Sold

Jim Graham, owner of Santa Margarita Ford, acquired Santa Margarita Toyota from John Dinsmore.

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Unemployment Unchanged

Orange County added 8,800 jobs in March to maintain a 4% unemployment rate.

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DFM Taps Register Opinion Editor

Digital First Media expanded Brian Calle’s duties as opinion editor at the Orange County Register in Santa Ana and Riverside-based Press-Enterprise to include oversight of the editorial board and opinion content for its entire Southern California News Group.

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Stone Firm Enters Two States

Anaheim-based Bedrosians bought Oregon Tile & Marble, in Medford, Ore.

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Anaheim Food Co. Names CEO

Anaheim-based food maker Nellson Nutraceutical named Jamie Better its Chief Executive.