TravisMathew LLC in Huntington Beach was sold to Carlsbad-based Callaway Golf Co. in a $125.5 million cash-and-debt deal expected to close in the third quarter.
Anaheim retail and entertainment complex Downtown Disney will get a virtual reality experience this year.
Masimo announced strong second quarter results, total revenue rose 11.8% from $172.6 million to $192.9 million, including royalties. Product revenue rose 11.1% to 182.8 million.
The top two executives of Corona-based Monster Beverage Corp. are about to add a trophy office in Newport Beach to their rapidly growing commercial real estate portfolio in Orange County.
Shares of American Vanguard Corp. rose about 16% over the last two trading sessions to more than $20 apiece and a $613 million market cap after the company’s second-quarter profits exceeded Wall Street forecasts.
Shares of Irvine-based Alteryx Inc. were up more than 15% to a $1.3 billion market cap in after-hours trading on improved quarterly numbers reported after markets closed Wednesday.
University of California-Irvine Chancellor Howard Gillman said today that all students who received provisional acceptances into UCI will be fully admitted, except those whose transcripts clearly indicate that they didn’t meet its academic standards.
Shares of Boot Barn Holdings Inc. rose about 17% to $9 and a $242 million market cap during Wednesday trading, after the company reported revenue and profits for the June quarter that beat Wall Street expectations.
Irvine-based healthcare real estate investment trust HCP Inc. reported funds from operations—FFO, the REIT equivalent of earnings—of $0.35 per share, down from $0.51 per share in the first quarter and $0.71 per share a year ago.
Igor Olenicoff, the owner of Newport Beach-based real estate firm Olen Properties and Orange County’s third-wealthiest person, is keeping his company on the growth path locally and out of the area.
Three out of four largest Orange County-based automakers beat the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.
CombiMatrix Corp. in Irvine said it will be bought by Invitae Corp. in San Francisco for $33 million in stock.
HEALTHCARE: Sees self as director, investor, philanthropist
David Pyott isn’t interested in becoming a chief executive again—“17 years as a public CEO was enough, and I do not wish to jump into another company, where in my view four years is the minimum time to make a real impact”—but the former Allergan chief executive is excited to pursue his passion for developing products that help patients.
Mike Manclark bought Santa Ana-based Western Avionics Inc. with plans to rename it and expand its services in Southern California.
Fitch Ratings upgraded $2.19 billion in debt of the San Joaquin Hills Transportation Corridor Agency, citing rising traffic and revenue.
The Grand Central Art Center in downtown Santa Ana received a $100,000 grant from the New York City-based Andy Warhol Foundation for the Visual Arts.
A 3.5-acre Newport Beach property overlooking the harbor sold for an Orange County record of $55 million.
Irvine-based Ubiquity Inc. has agreed to the Securities and Exchange Commission’s division of enforcement’s recommendation that its stock be revoke
Corona del Mar philanthropists Howard F. Ahmanson Jr. and Roberta Green Ahmanson will create an art gallery, studio space, and an artist-in-residence program in Los Angeles.
CEO bullish on reinsurance, annuities, term life, airplanes
Around 2007, Pacific Life Insurance Co. offered an annuity that nowadays makes investors drool: a guaranteed 10% annual return for 10 years and then a 5% annual return for the rest of a customer’s life.
Irvine-based Edwards Lifesciences Corp. reported $186 million in profit on sales of $842 million—up 47% and 11% respectively—for the quarter ended June 30.