OC BUSINESS JOURNAL DAILY NEWS
The S&P 500 rose 0.1% to 2,004.20 in midday trading Wednesday.
Trading in shares of Foothill Ranch-based Wet Seal Inc. was halted for several hours after the market opened today.
Foothill Ranch-based Wet Seal Inc. Chief Executive John Goodman left the company August 26 and was replaced by former Chief Executive Edmond Thomas, according to regulatory filings.
Irvine-based Pacific Premier Bancorp Inc. has sold $60 million worth of notes to private investors.
Irvine-based Biolase Inc. said today that Jeffrey Nugent is now the company’s permanent chief executive. Nugent, a Biolase director, had served as acting chief executive since June.
Irvine-based Allergan Inc. said today that it filed an answer in U.S. District Court to a countersuit filed by Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman’s Pershing Square Capital Management.
The S&P 500 fell 0.4% to 1,995.55 in midday trading Monday.
Irvine-based software maker Kofax Ltd has agreed to pay $34.7 million in cash for Softpro GmbH, a German company that specializes in electronic signature software and services.
The Costa Mesa-based parent of the Elephant Bar restaurant chain is slated to be bought out of bankruptcy and will be operated by a Dallas-based restaurant company.
The New York City-based Andy Warhol Foundation for the Visual Arts is giving $100,000 to The Beall Center for Art and Technology at the University of California-Irvine.
Irvine-based Kia Motors America plans to add 17 “fast-charging” electric vehicle charging stations to its 198 in California to support the Kia Soul EV that goes on sale later this year.
Shares of Pacific Sunwear of California Inc. were down 8.7% in midday trading Friday after the retailer said it anticipates a third-quarter loss between 4 cents and 9 cents a share, and revenue between $203 million and $208 million.
The S&P 500 rose 0.23% to 2,001.22 in midday trading Friday.
Paul Summers, the chairman and chief executive of Irvine-based AllDigital Holdings Inc., has died unexpectedly.
Shares of Pacific Sunwear of California Inc. were down 4.3% in after-hours trading Thursday after the retailer said it anticipates a third-quarter loss between 4 cents and 9 cents a share, and revenue between $203 million and $208 million.
Students in Chapman’s MBA program are developing ideas for marketing and using “Internet of Things” products made by Austin, Texas-based HID Global.
The S&P 500 fell 0.13% to 1,997.55 in midday trading Thursday.
Santa Ana-based Corinthian Colleges said it has caught up on rent payments for its headquarters at the Hutton Centre near the Costa Mesa (55) Freeway in Santa Ana.
Shares of Tilly’s Inc. were down about 6% at midday on weak third quarter projections.
Shares of Tilly’s Inc. fell 9% to about $7.70 and a market cap of about $212 million in after-hours trading Wednesday after the retailer posted a 70% drop in earnings for the second quarter that ended Aug. 2.
A Delaware Chancery Court judge today set a Oct. 6 date for a trial over the timing of a special meeting of Irvine-based Allergan Inc. shareholders.
South Korea-based Kia Motors Corp. plans to construct a $1.5 billion assembly plant in Mexico, a senior automotive industry source in Mexico City told Automotive News.
Aliso Viejo-based WaveTec Vision Systems Inc. will be bought by Alcon Inc., according to a statement issued today.
University of California Irvine computer science professor Scott Jordan has been named the chief technology officer of the Federal Communications Commission.
The three major stock indices were flat in midday trading Wednesday.