Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was down 0.1% to 2,096.81 midday trading.

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Simon Scholars, Chapman Join Forces

The Simon Foundations in Newport Beach and Chapman University in Orange plan to offer scholarships to four high school students a year to major in science, technology, engineering and math (STEM) disciplines.

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Oggi’s to Tap Fast Casual Trend

San Clemente-based Oggi’s Pizza and Brewing Co. has opened an “express” location at the Village at Orange mall, marking the 23-year-old chain’s local entry into the fast-casual, build-your-own pizza arena.

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BJs Revenue, Income Up

Huntington Beach-based BJ’s Restaurants Inc. said its fourth-quarter and full-year revenues and profits increased compared with the same periods in 2013.

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Midday Stock Roundup

The S&P 500 was down 0.3% to 2,094.42 in midday trading.

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Top Billing for Allergan Name

The Allergan name will remain the calling card of the company that will be formed after the Irvine-based drug maker’s estimated $69 billion acquisition by Dublin-based Actavis Plc.

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ReShape Raises More Money

San Clemente-based device maker ReShape Medical Inc. raised $6.75 million in debt financing, according to a Securities and Exchange Commission filing.

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Kaiser Aluminum Beats Expectations

Kaiser Aluminum Corp. beat Wall Street expectations on revenue and earnings for the fourth quarter and full year.

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Golden State Plans $40M Ala. Plant

Irvine-based food manufacturer and distributor Golden State Foods Corp. is planning to spend about $40 million to build a meat processing plant in Alabama.

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Masimo Beats on Q4

Irvine patient monitor maker Masimo Corp. reported financial results after markets closed Tuesday that surpassed Wall Street expectations.

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Raj Buys NY Brand

Raj Manufacturing LLC in Tustin said it acquired Basta Co. LLC, a New York-based swim and beachwear brand.

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Midday Stock Roundup

The S&P 500 was up 0.1% to 2,099.95 in midday trading.

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HireRight Parent Files for BK

The parent company of Irvine-based employment screening firm HireRight Inc. has filed for bankruptcy protection.

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Vans Tops $2 Billion in Sales

Vans Inc. surpassed the $2 billion-mark in sales last year for the first time, according to its parent, VF Corp. in Greensboro, N.C.

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Corinthian Cal Grants Stayed

A unit of Santa Ana-based Corinthian Colleges Inc. has had $1 million in Cal Grant payments to students held up after it failed to file required documents that show financial and administrative stability, a news report said.

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AtheroNova Shares Down on Debt

Irvine-based drugmaker AtheroNova Inc.’s shares fell sharply Friday after it disclosed that it experienced “an event of default” on a $427,500 loan that triggered defaults on three others.

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4 OC Mazda Dealerships Honored

Irvine-based Mazda North American Operations announced the winners of its 2015 Mazda Gold Cup award—four of them based in Orange County.

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Midday Stock Roundup

The markets are closed today in observance of the President's Day holiday.

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AtheroNova Shares Fall on Debt News

Irvine-based drugmaker AtheroNova Inc.’s shares fell sharply today after it disclosed that it experienced “an event of default” on a $427,500 loan that triggered defaults on three others.

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Midday Stock Roundup

The S&P 500 was flat at 2,089.19 in midday trading.

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Solis Gets Stake in Lindora

Newport Beach-based private equity firm Solis Capital Partners has acquired an equity stake in Lindora Inc., a Costa Mesa-based provider of weight-loss management programs.

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OC Firms Score at SIMA

Orange County brands dominated the Aliso Viejo-based Surf Industry Manufacturers Association’s 12th annual Image Awards Thursday evening, winning in the nine out of 13 categories.

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Vacation Rental Tech Firm Gets $5M

Irvine-based travel-technology company BookingPal Inc. got $5 million in a venture capital round.

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Montage, Pelican Hill, St. Regis Make Forbes List

Three Orange County resorts have earned Five Star rankings in the Forbes Travel Guide.

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Midday Stock Roundup

The S&P 500 was up 0.8% to 2,084.64 in midday trading.