Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Buena Park Footwear Brand Sells Majority Stake

Evolv Sports & Designs LLC said Bruckmann, Rosser, Sherrill & Co. in New York acquired a majority stake in the Buena Park-based manufacturer of climbing footwear.

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Emulex Shares Rise on Quarterly Report, Outlook

Shares of Emulex Corp. rose in after-hours trading after the Costa Mesa-based networking equipment maker reported June quarter revenue and adjusted profits that beat Wall Street expectations and provided financial targets in the current quarter that were above estimates.

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Masimo Q2 Misses Forecasts

Irvine-based medical device maker Masimo Corp. today posted second-quarter results that missed Wall Street expectations.

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Vizio Recalls TVs After Tip-Over Warning

Irvine-based Vizio Inc. is recalling about 245,000 flat-screen TVs from its popular E-Series line introduced late last year.

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Midday Stock Roundup

The S&P 500 fell 0.31% to 1,914.35 in midday trading Thursday.

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Con Ed Adds $22.3M to Contract With Anaheim Firm

Anaheim-based engineering firm Willdan Group Inc. has won a $22.3 million contract extension from Consolidated Edison Inc. in New York, taking the total value of the deal to $61.3 million for a job that’s been ongoing since late 2012.

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Advisory Firms Call for Allergan Special Meeting

Two proxy advisory firms now are backing activist investor Bill Ackman in his efforts to call a special meeting of Irvine-based Allergan Inc. shareholders as part of a hostile takeover bid from Valeant Pharmaceuticals International Inc.

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Midday Stock Roundup

The S&P 500 rose 0.24% to 1,924.86 in midday trading Wednesday.

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Laguna Hills Tech Company Gets $4M

OpenSignal, a technology startup in Laguna Hills, got $4 million in a recent funding round led by Qualcomm Ventures, the investment arm of San Diego-based chipmaker Qualcomm Inc.

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Pignatelli Resigns From Biolase’s Board

Federico Pignatelli, a director of Irvine-based Biolase Inc., said today he was resigning from the company’s board and withdrawing his nomination for election at its upcoming annual meeting.

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Confie Buys 3 Insurance Brokerages

Huntington Beach-based Confie Seguros Insurance Services Inc. has acquired three brokerages to add to its growing list of offices nationwide.

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Urban Decay Store Set for Fashion Island

Urban Decay Cosmetics LLC said it plans to open its first stand-alone store at Fashion Island this fall.

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San Clemente Software Company Acquired

An Austin, Texas company has acquired San Clemente-based Benesan Corp., which makes specialized software for in-home, nonmedical patient care.

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Midday Stock Roundup

The S&P 500 fell 1% to 1,918.42 in midday trading Tuesday.

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Ensign Group Buys Angeles Home Health Care

The Ensign Group Inc. in Mission Viejo has purchased Angeles Home Health Care of Los Angeles for an undisclosed amount.

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Tustin Engineering Firm Acquired

Tustin-based engineering firm Hall & Foreman Inc. has been acquired by David Evans and Associates Inc. in Portland.

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Ice Cream Operator Farrell’s Will Franchise

The Farrell's Ice Cream Parlour Restaurants parent company Lake Forest-based Parlour Enterprises Inc. said it will begin franchising.

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Irvine Exec to Atlanta for AutoTrader.com

Jared Rowe will shift from the president’s post at Irvine-based Kelley Blue Book to the same title with parent company AutoTrader.com.

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Mazzo to Segerstrom Board

The Segerstrom Center for the Arts in Costa Mesa said today that James Mazzo is a new member of its board of directors.

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St. Joseph Hoag Health, CHOC in ACO

Irvine-based St. Joseph Hoag Health and Children’s Hospital of Orange County said today that they would form an accountable care organization.

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Midday Stock Roundup

The S&P 500 rose 0.25% to 1,930.02 in midday trading Monday.

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Chapman Film School Makes List

The Dodge College of Film and Media Arts at Chapman University was named the seventh best film school in the country out of 25 ranked by the Hollywood Reporter.

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Chapman Film School Makes List

The Dodge College of Film and Media Arts at Chapman University was named the seventh best film school in the country out of 25 ranked by the Hollywood Reporter.

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Allergan Contends Insider Trading in Suit against Valeant, Ackman

Irvine-based Allergan Inc. filed a federal lawsuit today that contends hostile suitor Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman engaged in insider trading.

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Irvine Investor Pays $35M for Insurer

Irvine-based Dhandho Holdings LP has agreed to pay $35 million for Stonetrust Commercial Mutual Insurance Holding Co. in Baton Rouge, La.