Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was down 0.4% in midday trading to 2,272.26.

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PBS Station Work Lauded

PBS SoCal KOCE was awarded two Golden Mike Awards by the Radio & Television News Association of Southern California at the 67th Annual Golden Mike Awards Presentation Dinner on Saturday.

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Midday Stock Roundup

The S&P 500 was down 1% in midday trading to 2,272.34.

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Stowell to Chair Housing Charity

HomeAid America, a Newport Beach-based building industry charity, said CalAtlantic Group Inc. executive chairman Scott Stowell will lead its Board of Directors as Chairman for the next two years.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,293.37.

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Grupo Gallegos in Buys, Rebranding

Ad agency Grupo Gallegos in Huntington Beach rebranded itself as GALLEGOS United after buying two companies on undisclosed terms—a New York-based digital agency Canvas and public relations shop RL Public Relations & Marketing in Los Angeles.

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OC Resorts, Hotels Hit AAA List

Four Orange County resorts earned Automobile Club of Southern California’s AAA “Five Diamond Award” and 10 resorts and hotels earned AAA “Four Diamond” status for 2017.

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Emerald Buys Home Tech Show

Emerald Expositions LLC in San Juan Capistrano acquired the CEDIA trade show from the Custom Electronics Design & Installation Association in Indianapolis, Ind., on undisclosed terms.

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Surfing Magazine Shut Down

TEN, short for The Enthusiast Network, has shut down Surfing Magazine to focus on its other surf publication, Surfer, according to news reports.

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Microsemi Sales Hit Marks

Aliso Viejo-based chipmaker Microsemi Corp. reported revenue in the December quarter in line with Wall Street expectations, and an adjusted profit that beat estimates.

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Hotel Development Stays Strong

Orange County has 11 hotels with 1,655 rooms under construction about on par overall with the seven hotels and 1,808 the market added last year.

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Snell Names Partner in Charge

Partner Ketan Vakil is the new head of the Orange County office of Snell & Wilmer LLP; he succeeds Bill O’Hare, who led the office for more than 20 years.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,295.14.

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Five CFOs Recognized

Executives were honored in five categories Wednesday night at the Orange County Business Journal CFO of the Year awards, which drew a crowd of about 600 to the Hotel Irvine.

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Executive Changes at Mazda

Mazda North American Operations has set the stage for a new generation of executives to join its senior management in Irvine.

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Retailer to Cut 148 Jobs

Irvine-based Wet Seal notified the state Employment Development Department that it plans to lay off 148 local workers by March 21. It listed a permanent closure as the reason.

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Swimwear Maker CEO Dies

Susan Crank, chief executive of Lunada Bay Corp. in Anaheim, died on Jan. 23 after a battle with cancer.

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Pacific Symphony to Play Carnegie Hall

Pacific Symphony will make its debut at Carnegie Hall in New York City in April 2018 with a special program dedicated to composer Philip Glass.

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Hospital CEO Named

Fountain Valley Regional Hospital and Medical Center appointed Kenneth McFarland chief executive.

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Midday Stock Roundup

The S&P 500 was up 0.7% in midday trading to 2,296.01.

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Lee & Associates Names New Exec

Newport Beach-based Lee & Associates named Chris Coyte president and managing director.

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UCI Team to Compete on Hyperloop

A University of California-Irvine engineering team will compete with more than 30 academic and independent engineering teams from around the world to determine which has designed and built the best “human-scale pod” for the Hyperloop transportation system.

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CSUF Gets TV Gear on Grant

California State University-Fullerton used a $50,000 grant from the Hollywood Foreign Press Association to buy “industry-grade camera pedestals” for students in its TV studio-production classes.

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UCI Starts Graduate Finance Program

University of California-Irvine’s Paul Merage School of Business announced the creation of a master of finance program in response to research showing high demand from recruiters and students.

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Midday Stock Roundup

The S&P 500 was up 0.6% in midday trading to 2,277.47.