Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was up 0.5% to 2,089.76.

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Too Faced to Estée Lauder?

Estée Lauder Cos. has surfaced among the bidders for Too Faced Cosmetics LLC in Irvine, according to Women’s Wear Daily.

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Blizzard Posts Big Subscription Drop

Irvine-based video game maker Blizzard Entertainment Inc. reported a big loss of online subscribers for its flagship World of Warcraft franchise that led to a steep drop in first-quarter revenue and operating profits.

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Midday Stock Roundup

The S&P 500 was down 0.7% to 2,075.22.

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Alphaeon Adds Two Directors

Irvine-based Alphaeon Corp. said today that it named former Securities and Exchange Commissioner Christopher Cox and Silicon Valley executive Dennis Wolf to its board of directors.

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iPourIt Gets $350K, Dog Haus

Lake Forest-based iPourIt Inc. said its self-serve beer dispensing system would be in two Dog Haus restaurants in Orange County, and that it closed on an additional $350,000, after a $1 million angel investment from January.

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Midday Stock Roundup

The S&P 500 was down 0.7% to 2,098.79.

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Disney's Parks Revenue Up

The Disneyland Resort in Anaheim helped drive a quarterly increase in revenues at Burbank-based parent Walt Disney Co., the company said.

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Ingram Micro Q1 Mixed

Santa Ana-based Ingram Micro Inc. after the close of trading today reported first-quarter revenue that just beat Wall Street expectations, and adjusted profits that narrowly missed estimates.

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Pimco’s Total Return Loses ‘Biggest’ Title

Pacific Investment Management Co.’s signature fund, the Total Return, is no longer the world’s biggest bond fund.

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Midday Stock Roundup

The S&P 500 was up 0.2% to 2,113.74

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Banc of CA Posts Q1 Profit

Irvine-based Banc of California Inc. swung to a profit in the first quarter, logging $11.7 million in net income versus a loss of $161,000 in the same period last year.

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Fisker Launches Customer Support Website

Fisker Automotive and Technologies Group LLC has launched a new customer support website for owners of its Karma luxury sports cars.

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Corinthian Files for BK

Santa Ana-based Corinthian Colleges Inc. filed for bankruptcy, the company said.

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Vans, Parent Revenue Up in Q1

Vans Inc. revenue was up 8% for the first quarter ended April 4, according to its parent, Greenboro, N.C.-based VF Corp., whose revenue also rose.

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Morgan Drexen Files for BK

Costa Mesa-based debt settlement services company Morgan Drexen Inc. has filed for bankruptcy.

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Two OC Carmakers Best National Pace

Two of the four Orange County-based automakers beat the national sales pace for new vehicles in April, according to New Jersey-based market researcher Autodata Corp.

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Irvine Population Tops 250,000; OC Gains 1.1% Overall

The city of Irvine has posted a 3.2% increase in population to 250,384, the highest percentage increase in Orange County and tops among cities with populations of 100,000 or more, according to an annual report released today by the California Department of Finance.

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Two OC Carmakers Best National Pace

Two of the four Orange County-based automakers beat the national sales pace for new vehicles in April, according to New Jersey-based market researcher Autodata Corp.

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Vans, Parent Revenue Up in Q1

Vans Inc. revenue was up 8% for the first quarter ended April 4, according to its parent, Greenboro, N.C.-based VF Corp., whose revenue also rose.

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Irvine Population Tops 250,000; OC Gains 1.1% Overall

The city of Irvine has posted a 3.2% increase in population to 250,384, the highest percentage increase in Orange County and tops among cities with populations of 100,000 or more, according to an annual report released today by the California Department of Finance.

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Morgan Drexen Files for BK

Costa Mesa-based debt settlement services company Morgan Drexen Inc. has filed for bankruptcy.

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Midday Stock Roundup

The S&P 500 was up 0.7% to 2,099.26.

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Ensign Buys 3 Nursing Facilities

Mission Viejo-based Ensign Group Inc. said today it bought one skilled nursing facility in Washington and a subsidiary bought two skilled nursing facilities in Utah, on undisclosed terms.

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22 Del Taco Sites to Sell

A number of limited partnerships plan to sell four portfolios of land and buildings that house a total of 22 Del Taco fast food restaurants in California, according to Newport Beach-based CBRE, the listing broker for the portfolios.