OC BUSINESS JOURNAL DAILY NEWS

EnteroMedics Buys OC Company

St. Paul, Minn.-based EnteroMedics Inc. acquired ReShape Medical Inc. in San Clemente for $61 million cash and stock.

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Botox Approved for Forehead Lines

Allergan PLC received Food and Drug Administration approval to use Botox to temporarily reduce moderate to severe forehead lines.

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CareTrust Completes Skilled Nursing Buy

CareTrust REIT Inc. of San Clemente completed a two-stage acquisition comprised of seven skilled nursing facilities in Idaho.

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September Sales Mixed for OC Automakers

A majority of Orange County-based automakers beat the national sales pace for new vehicles in September, according to New Jersey-based market researcher Autodata Corp.

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Midday Stock Roundup

The S&P 500 rose 0.1% in midday trading to 2,531.97.

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San Clemente ‘Kid’ Nets Big Catch on Shark Tank

The 12-year-old creator of a skateboard that fits into school lockers and backpacks received a $65,000 investment from Sir Richard Branson for a 20% stake in a company he created with his parents on the season premiere of “Shark Tank,” last night.

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Midday Stock Roundup

The S&P 500 was 0.3% higher in midday trading to 2,526.17.

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Biolase Seeks $12M

Biolase Inc. plans to raise up to $12 million with a rights offering to current shareholders.

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Smart Camera Co. Gets $5.4M

Opkix Inc. in Costa Mesa said it raised $5.4 million in Series A funding, and it now has a value of $90 million.

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Midday Stock Roundup

The S&P 500 was 0.3% higher in midday trading to 2,517.02.

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PHG Sells Bacara

Irvine-based Pacific Hospitality Group has sold of one of its high-end hotel properties, Bacara Resort & Spa in Santa Barbara County.

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CalAmp Up on Earnings

Shares of CalAmp Corp. (Nasdaq: CAMP), an Irvine-based maker of Internet-connected products, rose as much as 9.3% after reporting fiscal second-quarter revenue that topped analyst estimates.

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Long Beach Airport August Traffic Up

Long Beach Airport said August commercial passenger traffic rose 16% to about 316,000, compared with the same period last year.

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Spectrum Marriott Names GM

Chris Harrison will be general manager of the Marriott Irvine Spectrum, which opens in December.

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Midday Stock Roundup

The S&P 500 rose 0.1% in midday trading to 2,509.69.

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$20 million gift to Chapman

Chapman University said a $20 million gift from the Los Angeles-based W. M. Keck Foundation will name a future science building at its main campus in Orange as the Keck Center for Science and Engineering.

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MeriCal to Buy Utah Supplement Maker

Anaheim-based MeriCal LLC, which makes probiotics and other dietary supplements, will acquire Global Health Industries in Ogden, Utah.

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Ensign Beefs Up Nevada Business

Ensign Group Inc. in Mission Viejo acquired Comfort Hospice Care, a hospice provider serving Las Vegas, Pahrump and surrounding communities in Southern Nevada.

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Midday Stock Roundup

The S&P 500 rose 0.3% in midday trading to 2,504.53.

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American Vanguard Buys Non-Crop Co.

AMVAC Chemical Corp., a subsidiary of American Vanguard Corp. in Newport Beach, bought OHP Inc. in Mainland, Pa., on undisclosed terms.

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ASICS Replaces Creative Agency

ASICS Corp., the parent of Irvine-based ASICS America Corp., selected Saatchi & Saatchi as its global creative agency.

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Sabra Lays Out Strategy for 2018

Irvine-based Sabra Health Care REIT Inc. released growth strategy for next year following lukewarm investor reception to its decision to acquire Care Capital Properties Inc.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,497.66.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,494.40.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,499.38.

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