Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Johnny Rockets Seeks Savings With Own Software

Aliso Viejo-based Johnny Rockets Group Inc. said it and franchisees would save about $450,000 a year systemwide with new back-office operations software the retro burger chain developed in-house for $25,000.

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Kaiser Names New Top OC Exec

Kaiser Permanente has named Mark Costa its new executive director of its Orange County service area.

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Midday Stock Roundup

The S&P 500 was down 0.6% to 2,064 in midday trading.

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Kaiser Names New Top OC Exec

Kaiser Permanente has named Mark Costa its new executive director of its Orange County service area.

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Midday Stock Roundup

The S&P 500 was up 0.25% to 2,076.92 in midday trading.

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Laguna Trolley Goes Year-Round

The City of Laguna Beach plans free weekend trolley service in Laguna Beach along Pacific Coast Highway to begin in March, according to a press release from Visit Laguna Beach.

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Taco Bell in International Push

Irvine-based Taco Bell Corp. plans to add 1,300 restaurants with an aim of adding $2 billion in sales overseas by 2023, according to a report in Nation’s Restaurant News.

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Cat, Dog Magazines Set For Redo

I-5 Publishing LLC in Irvine said it will replace its long-standing Dog Fancy and Cat Fancy magazines with print versions of its websites Dogster.com and Catster.com “to meet the needs of the contemporary marketplace.”

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OCVA, “The Voice” in $5M Deal

The Irvine-based Orange County Visitors Association said it got $5 million worth of media exposure for Orange County in 12 Middle Eastern countries through a recent contest for viewers of TV show “The Voice.”

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Hyatt HB Names New GM

The Hyatt Regency Huntington Beach Resort & Spa named Peter Rice its general manager, effective Dec. 2.

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Chapman 2015 Forecast: OC Will Add 38,000 Jobs

Orange County businesses will add nearly 38,000 jobs in 2015, growing the local employment base by 3%, according to a forecast by Chapman University’s Argyros School of Business and Economics.

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Register Parent to Cut 100 Jobs

Santa Ana-based Freedom Communications Holdings Inc. will cut about 100 positions, including executives, according to a report yesterday in the company’s flagship publication, the Orange County Register.

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Midday Stock Roundup

The S&P 500 was flat at 2,074.22 in midday trading.

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Cole Joins WD Board

Longtime Accenture Plc executive Martin Cole has joined the board of Irvine-based storage products maker Western Digital Corp.

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Tilly’s Q3 Sales Surpass Expectations

Shares of Tilly’s Inc. were up 21% to $8.56 and a market value of $240.3 million in midday trading, following better-than-expected financial results for the third quarter reported after markets closed yesterday.

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PacSun Up in Q3

Pacific Sunwear of California Inc. beat analysts’ expectations for the third quarter, sending its stock up about 8% to $1.83 and a market value of about $126.7 million in midday trading Thursday.

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Chapman 2015 Forecast: OC Will Add 38,000 Jobs

Orange County businesses will add nearly 38,000 jobs in 2015, growing the local employment base by 3%, according to a forecast by Chapman University’s Argyros School of Business and Economics.

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Register Parent to Cut 100 Jobs

Santa Ana-based Freedom Communications Holdings Inc. will cut about 100 positions, including executives, according to a report today in the company’s flagship publication, the Orange County Register.

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Actavis to Cut Jobs in Corona

Actavis PLC, which is buying Irvine-based Allergan Inc., will lay off 200 workers at its operation just across the county line in Corona, acco

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Midday Stock Roundup

The S&P 500 rose 0.3% to 2,071.63 in midday trading.

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Casa Laguna Changes Hands

Casa Laguna Inn & Spa, a boutique hotel in Laguna Beach, has sold on undisclosed terms.

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Catholic Diocese Gets $20M Pledge

The Roman Catholic Diocese of Orange said today its foundation received a pledge of $20 million from an undisclosed individual for its Christ Cathedral campus, the former site of the Crystal Cathedral in Garden Grove.

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Actavis to Cut Jobs in Corona

Actavis PLC, which is buying Irvine-based Allergan Inc., will lay off 200 workers at its operation just across the county line in Corona, according to a state filing.

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Biggest OC Automakers Lag U.S. Sales Pace

Three of the four Orange County-based automakers trailed the pace of sales of new vehicles nationally in November, according to New Jersey-based market researcher Autodata Corp.

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Avanir to be Acquired for $3.5B

Avanir Pharmaceuticals Inc. has agreed to be acquired by Otsuka Pharmaceutical Co. for $3.5 billion.