Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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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.

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Midday Stock Roundup

Stock indices were down on losses in European markets and concerns about debt talks in Greece.

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Quiksilver Director Cites Freeze-Out in Resignation

A director of Huntington Beach-based Quiksilver Inc. has resigned from the apparel maker and retailer’s board, contending she was excluded from the body’s decision making.

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Alliant Buys Crop Insurance Specialist

Newport Beach-based Alliant Insurance Services Inc. has acquired crop insurance specialist Mary Roach Insurance Agency Inc.

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Midday Stock Roundup

The S&P 500 was up 0.2% to 2,114.18.

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Kingston Sells Chinese Unit

Fountain Valley-based Kingston Technology Co. has sold a subsidiary to Shenzhen Kaifa Technology Co. Ltd. in China.

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Irvine-Based Heart Valve Maker Names New CEO

Irvine-based JenaValve Technology Inc. said today that Victoria Carr-Brendel is the company’s new chief executive.

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Ups, Downs on May Sales for OC Auto Brands

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

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Midday Stock Roundup

The S&P 500 was up 0.2% to $2,116.19 in midday trading.

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Confie in 3 Buys

Huntington Beach-based Confie Seguros has acquired three brokerages in New York and Texas.

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K-Swiss Buys FV-Based Brands

Fountain Valley-based skate apparel and footwear maker One Distribution has been acquired by K-Swiss Global Brands on undisclosed terms.

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K-Swiss Buys FV-Based Brands

Fountain Valley-based skate apparel and footwear maker One Distribution has been acquired by K-Swiss Global Brands on undisclosed terms.

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Boot Barn to Buy Kansas Retailer

Shares of Boot Barn Holdings Inc. in Irvine rose 10.6% to $27 and a market value of $695 million after it announced an agreement to buy western apparel and footwear retailer Sheplers Inc. for $147 million.

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Pimco Communications Chief to eBay

eBay Inc. has tapped the global head of corporate communications for Pacific Investment Management Co. as its chief communications officer.

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Midday Stock Roundup

The S&P 500 was up 0.3% to 2,114.49

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Ex-Allergan President Gets Board Seat

Douglas Ingram, former president of drug maker Allergan Inc., has joined the board of Costa Mesa-based startup Nemus Bioscience Inc. in the newly created role of vice chairman.

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Slapfish to Add Three in OC

Fountain Valley-based Slapfish Franchise LLC plans to add three franchised OC locations of the fast-casual seafood restaurant chain to the four it has opened or planned here.