OC BUSINESS JOURNAL DAILY NEWS

'Grey Friday': Nov. Sales Mixed for OC Carmakers

OC-based automakers saw mixed sales results in November and year-to-date.

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Midday Stock Roundup

The S&P 500 was down 0.4% in midday trading to 2,636.91.

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JWA Up in October

John Wayne Airport passenger traffic rose 1.4% in October to 931,000 year-over-year.

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Boardriders Wants to Buy Billabong

Huntington Beach-based Boardriders Inc. offered to buy the shares of Billabong International Ltd. (ASX: BBG) it doesn’t yet own for $1 apiece, in a deal that values Billabong at about $150 million.

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Oregon Bank Expands in OC

Umpqua Bank, a subsidiary of Portland-based Umpqua Holdings Corp. (Nasdaq: UMPQ), said it hired Todd Abboud to a new position as regional director, executive vice president, for Orange County.

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New GM for PHG AC Hotel NOLA

Irvine-based Pacific Hospitality Group named Kenneth Jacques general manager of its AC Hotel in New Orleans; he replaces Skip Adams, now GM at a Hyatt Regency in Chicago.

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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 2,647.07.

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Emerald Buys Hosted B2B Shows

Emerald Expositions (NYSE: EEX) in San Juan Capistrano bought Connecting Point Marketing Group in Rye, N.H., on undisclosed terms.

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Avanir Restructures, Will Cut 11% of US Workforce

Avanir Pharmaceuticals Inc. will lay off 73 employees by the end of January from its US work force as part of a restructuring. We’re told the majority will be outside of its Aliso Viejo headquarters.

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Hyundai Bows Kona

Fountain Valley-based Hyundai Motor America Inc. today unveiled its small utility vehicle at the Los Angeles Auto Show.

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Kush Bottles Rises on Report

Shares of Kush Bottles Inc. (OTC: KSHB) rose 6.3% to $2.97 today after the Santa Ana-based supplier of cannabis paraphernalia reported annual and quarterly revenue that topped an analyst’s forecast.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,623.96.

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Midday Stock Roundup

The S&P 500 climbed 0.7% in midday trading at 2,620.36.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,601.81.

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Midday Stock Roundup

The S&P 500 closed up 0.2% in Friday trading to 2,602.79, a record.

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RxSight Gets FDA OK

RxSight Inc. received Food and Drug Administration approval for its Light Adjustable Lens technology.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,597.03.

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UCI Gets $7.8M Grant for Brain Study

University of California-Irvine has been awarded a $7.8 million federal grant from the Eunice Kennedy Shriver National Institute of Child Health & Human Development to explore the link between family income and early brain development.

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Sedgwick to Close

Sedgwick LLP will be closing its offices at the end of December, according to two legal websites.

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Midday Stock Roundup

The S&P 500 increased 0.7% in midday trading to 2,598.89.

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Five Point’s Debt Sees High Demand

Five Point Holdings LLC (NYSE: FPH) found bond buyers so eager for its high-yield debt that it increased the offering to $450 million.

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Lazy Dog Hires CMO, CPO

Lazy Dog Restaurant & Bar in Huntington Beach named John Williams its chief marketing officer and Mariah Machnikowski its chief people officer, both new roles.

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Midday Stock Roundup

The S&P 500 increased 0.2% in midday trading to 2,583.59.

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OC Hyatts Get New Area VP

Hyatt Hotels Corp. named David Nadelman general manager at Hyatt Regency Orange County in Garden Grove and vice president over six other high-end hotels with 4,500 rooms in Southern California.

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Long Beach Airport Up 25% in October

Long Beach Airport’s passenger traffic shot up 25% to 330,000 in October from 265,000 in the same period last year.

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