Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Advantage Buy Expands Global Reach

Advantage Sales and Marketing LLC said it has made an investment in Smollan Group in Johannesburg, South Africa, on undisclosed terms.

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El Pollo Loco Plans Six More in Utah

Costa Mesa-based El Pollo Loco Holdings Inc.’s signed its system’s largest franchisee to open six restaurants in Utah by 2018.

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NuGene Disavows Stock Mailer

Shares in Irvine-based NuGene International Inc. fell 39% Thursday to $2.61 and a market capitalization of $103 million after the skincare products development company said yesterday that it had no affiliation with a 28-page mailer touting the stock, but the stock recovered some ground Friday morning.

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Irvine Firm to Makes Games for Oculus Rift

Irvine-based video game designer Ready at Dawn will be among the first companies to partner with Oculus VR Inc. on new gaming titles for the highly anticipated Oculus Rift headset that was unveiled today in San Francisco.

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Katz, Marshack Join Greenberg Gross

Business litigators Michael Katz and Adrianne Marshack have joined trial law firm Greenberg Gross LLP in Costa Mesa.

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Four Hospitals Change Their Names

The four Orange County hospitals owned by Santa Ana-based Integrated Healthcare Holdings Inc. have changed their names.

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Midday Stock Roundup

The S&P 500 was up 0.3% to 2,111.03.

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Tech Hub Plans 100 Internships

Irvine-based technology non-profit The Portal plans to create 100 internships this year for college students to work in local startups and other businesses.

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Midday Stock Roundup

Stock indices were higher on news that Germany may consider participating in aid to Greece.

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Midday Stock Roundup

The S&P 500 was up 0.2% to 2,083.12.

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$20.1M for Garden Grove Manufacturer

Pacific Wave Systems, Inc. a microwave component manufacturer in Garden Grove, fetched $20.1 million in a sale to Canada-based telecom systems manufacturer COM DEV International Ltd.

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Quiksilver Down on Quarterly

Shares of Quiksilver Inc. fell 38% to 77 cents and a market value of $131 million Tuesday, after it reported a dip in revenue for the second quarter and pulled guidance for the rest of fiscal 2015.

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Incipio Adds Tablet Keyboard Case Maker

Incipio Technologies Inc. in Irvine has acquired ClamCase LLC, a Michigan-based designer and manufacturer of keyboard cases for the iPad family of tablets.

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Preferred Hotels Names Executives

Newport Beach-based Preferred Hotels & Resorts promoted four people to a senior executive team, which includes three new positions.

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Midday Stock Roundup

The S&P 500 was down 0.5% to 2,082.75.

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Anna’s Linens Said to be Near BK

Costa Mesa-based Anna’s Linens Inc. is preparing to file for bankruptcy, the Wall Street Journal reported.

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Opus COO Exits

Opus Bank’s chief operating office has resigned after about two years working at the Irvine-based bank.

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Taco Bell Signs Franchisee in India

Irvine-based Taco Bell Corp. is set to open its first franchised restaurants in India, according to several news reports.

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Taco Bell Signs Franchisee in India

Irvine-based Taco Bell Corp. has signed a deal to open its first franchised restaurant in India, according to news reports overseas.

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Biolase Jumps on CEO Comments

Irvine-based Biolase Inc.’s shares soared today after it said it was unaware of any fundamental reason for the recent decline in its stock price.

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Midday Stock Roundup

The S&P 500 was flat at 2.096.20.

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$272M Follows Gross to Janus

A London-based insurance group has shifted the management of its $272 million fund from Pacific Investment Management Co. to Bill Gross.

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Report Puts Too Faced Sale at $500M

General Atlantic in New York said it acquired a majority stake in Irvine-based Too Faced Cosmetics from Weston Presidio for an undisclosed amount.

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Plochocki to Retire From Quality Systems

Irvine-based healthcare software maker Quality Systems Inc. said today that Chief Executive Steven Plochocki will retire effective June 30.

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Experian Names CIO

Experian PLC has hired Barry Libenson as chief information officer, a newly created position for the global information services company, whose North American business is headquartered in Costa Mesa.