Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

Major stock indices were down sharply in midday trading on banks reporting lower earnings, a second health worker in Texas found to have the Ebola virus, and on concerns over Greek bond debt.

Quiksilver Names New Leaders

Quiksilver Inc. said Chief Executive Andy Mooney will take over as chairman of its board directors after Executive Chairman Robert McKnight Jr. and Charles S. Exon, chief legal officer and secretary of the board, retire on Oct. 31.

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Wet Seal to Cut Workforce

The Wet Seal Inc. said it’s “begun the initial steps” to reduce its overall cost structure.

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NB Council to Vote on Airport Deal

The Newport Beach City Council is set tonight to vote on a new amendment to an agreement that governs operations at John Wayne Airport.

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Yard House Parent Names Interim Chief

Irvine-based Yard House USA Inc. parent company Darden Restaurants Inc. named President and Chief Operating Officer Gene Lee its interim chief executive.

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Midday Stock Roundup

The S&P 500 rose 0.60% to 1,885.90 in midday trading.

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Freedom Appoints New Publisher for OC Register

Freedom Communications Holdings Inc. in Santa Ana named Richard Mirman interim publisher and chief executive of the Orange County Register, the Press-Enterprise and its other community newspapers, magazines and websites, the company reported Monday.

OC Register Gets New Publisher

Freedom Communications Holdings Inc. in Santa Ana named Richard Mirman interim publisher and chief executive of the Orange County Register, the Press-Enterprise and its other community newspapers, magazines and websites, the company reported Monday.

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Island Hotel Opens Foodie Space

The Island Hotel Newport Beach plans to open Market Place, its retail craft food and drink offering inside the hotel, this week.

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NB Firms Partner on Golf

Preferred Hotel Group and Private Club Marketing will work together on a new program to increase hotel nights, golf course play and private club membership satisfaction for the two companies’ clients.

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Alphaeon Buys Utah Software Co.

Irvine-based Alphaeon Corp. has bought the worldwide licensing rights to TouchMD, a line of software for doctors, for $22 million.

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Irvine Ad Tech Firm Merges

Future Ads LLC, an Irvine-based advertising technology company, said it will merge with Jersey City, N.J.-based Kitara Media Corp., which focuses on video advertising.

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JWA Aims for 10M Fliers in 2015

John Wayne Airport expects just less than 10 million air passengers next year—an 8.7% increase over the expected 9.2 million this year, the airport said.

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Ensign Adds Nine SD Area Facilities

Mission Viejo-based Ensign Group Inc. said today that it will buy nine skilled nursing and assisted living facilities, a home health agency, and a private home-care business in the San Diego area from El Cajon-based Shea Family Care.

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Freedom Communications Lists Santa Ana Land for Sale

The owners of the Orange County Register have relisted for sale 14.3 acres of land that surrounds the company’s headquarters in Santa Ana.

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Midday Stock Roundup

The S&P 500 rose 0.02% to 1,906.55 in midday trading.

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Freedom Communications Lists Santa Ana Land for Sale

The owners of the Orange County Register have relisted for sale 14.3 acres of land that surrounds the company’s headquarters in Santa Ana.

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Midday Stock Roundup

The S&P 500 fell 0.25% to 1,927.48 in midday trading.

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Yard House Parent Replaces Board

Darden Restaurants Inc., the parent company of Irvine-based Yard House USA Inc., said it has named a new board of directors based on preliminary reports of a shareholder vote.

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Wunderman Sheds Southwest, Hires Two

The Irvine office of New York-based advertising agency Wunderman will no longer handle the Southwest Airlines Rapid Rewards account after the end of the year, according to Regional Managing Director Dan Olson.

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Santa Ana Label Maker Sold

Santa Ana-based custom labels maker The Label Co. has been acquired by Resource Label Group in Franklin, Tenn.

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Allergan Hikes Q3 Expectations

Irvine-based Allergan Inc. said today that it expects to report a third-quarter profit more than 20% higher than previously expected.

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Midday Stock Roundup

Stock indices were down sharply at midday on foreign concerns and lower energy stock prices from a decline in the cost of oil.

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UCI Gets $8M for Cell Health Work

University of California-Irvine will get $8 million from the National Institutes of Health to study human cellular response and develop disease treatments.

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Johnny Rockets Licenses Retail Food

Aliso Viejo-based Johnny Rockets said it had licensed its name for private label grocery distribution under an effort called Johnny Rockets At Home.