OC BUSINESS JOURNAL DAILY NEWS
St. Louis-based Shoes.com said it acquired socks and apparel brand Richer Poorer Inc. in San Juan Capistrano on undisclosed terms.
The publisher of the Orange County Register has received a third loan offer to help it maintain operations while it goes through a bankruptcy auction.
The S&P 500 was down 0.8% in midday trading to 2,029.41.
LoanDepot Inc. has withdrawn its initial public offering.
Emerald Expositions LLC in San Juan Capistrano acquired National Industrial Fastener & Mill Supply Expo from the show’s co-owners, Jim Bannister and Mike McGuire, for an undisclosed amount.
Freedom Communications Inc. in Santa Ana said Steve Churm stepped down from his position as chief revenue officer to join Aliso Viejo-based FivePoint Communities Management Inc. as its new chief communications officer.
Costa Mesa-based El Pollo Loco Holdings Inc. reported mixed results in its most recent quarter and cut its full-year outlook on earnings and same-store sales.
The S&P 500 was down 0.7% in midday trading to 2,060.61.
Costa Mesa-based Karma Automotive has notched a deal to integrate BMW components into its vehicles.
Laguna Beach-based virtual reality startup NextVR Inc. has raised $30.5 million in a Series A funding round led by mix of sports- and entertainment-related firms.
A car auction at the Anaheim Convention Center that starts tomorrow expects to draw 20,000 attendees and several hundred sellers of classic and antique cars, generating sales of about $20 million by the time the last gavel drops.
Yogurtland has hired four executives to lead corporate and regional operations, marketing and brand management following the summer departure of Craig Takiguchi, who led these areas as vice president of brand management.
U.S. District Court Judge David Carter of Santa Ana has declined a request from Valeant Pharmaceuticals International Inc., led by Chief Executive Mike Pearson, and activist investor Bill Ackman to dismiss a lawsuit accusing them of insider trading in shares of Allergan Inc.
The S&P 500 was down 0.2% in midday trading to 2,078.66.
Irvine-based Banc of California named James McKinney its chief financial officer as part of a shuffle that included appointments to newly created chief investment officer and chief strategy officer positions.
Broadcom Corp. shareholders today approved the Irvine-based chipmaker’s $37 billion sale to Avago Technologies Ltd. in Singapore.
Drug makers Allergan PLC and Pfizer Inc. are eyeing a plan to make current Allergan Chief Executive Brent Saunders head of a combined company if they reach a takeover deal, Bloomberg Business reported today, citing unnamed sources.
Marshall B. Ketchum University in Fullerton said Edward Fisher will be dean of its new College of Pharmacy effective Jan. 4.
Newport Beach’s Mobilitie LLC said that it had raised $325 million to fund the deployment of its wireless infrastructure projects.
The S&P 500 was flat in midday trading at 2,079.47.
Chipmaker Microsemi Corp.’s latest cash-and-stock bid to acquire PMC-Sierra Inc. has been deemed a “superior proposal” by the board of the Sunnyvale-based target company.
Irvine-based startup Pop has raised $6 million in venture capital funding. The company develops a mobile application called POPin, which aims to provide a “crowd-solving” platform to enable input sharing among employees, customers and others.
Neel Kashkari, former Pacific Investment Management Co. executive, has been named president of the Federal Reserve Bank of Minneapolis.
Irvine-based Western Digital Corp. will sell its data center storage systems through a joint venture with Beijing-based Unisplendour Corp. Ltd.
Dan Olson has left his post as managing director of Wunderman Los Angeles in Irvine.