Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Higher Ed Tech Firm in Course Deal

Santa Ana-based Greenwood Hall Inc. said it would work with Boston-based curriculum provider Cengage Learning to offer online course content to Greenwood’s higher education clients.

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Midday Stock Roundup

The S&P 500 was down 0.5% to 2,097.40 in midday trading.

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Alliant Acquires Again in Spokane

Newport Beach-based Alliant Insurance Services Inc. has acquired Kassa Insurance Services Inc. in Spokane, Wash. on undisclosed terms.

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OC-Based Auto Brands Beat National Sales Pace

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

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CSUF Gets $1.5M for Business Center

California State University-Fullerton said it received $1.5 million from Jeffrey Van Harte to start an investment management center and expand a student-managed investment fund.

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AtheroNova Files for Bankruptcy

Irvine-based AtheroNova Inc. and a subsidiary have filed for bankruptcy protection.

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WD Unit Acquires Storage Software Maker

A San Jose-based unit of Western Digital Corp. has acquired a maker of storage software for public and private cloud data centers.

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11 OCers Make Forbes List

Eleven residents of Orange County were included in a recent ranking of The World’s Billionaires by Forbes Magazine.

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Midday Stock Roundup

The S&P 500 was down 0.5% to 2,106.78 in midday trading.

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Auction.com Buys Software Company

Auction.com LLC, an Irvine-based online real estate auction company, has acquired Channel LLC in Newport Beach on undisclosed terms.

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Real Mex Names Chief Executive

Cypress-based Real Mex Restaurants Inc. named Bryan Lockwood its chief executive, a news report said.

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Software Maker Gets $5.5 Million

Irvine-based software maker YouMail Inc. has raised $5.5 million in a Series B funding round, the company announced this morning.

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OCADA Names Board Leaders

The Orange County Automobile Dealers Association in Newport Beach announced its 2015 board of directors.

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How Henry Did It

Local Infrastructure, Global Vision Behind OC Legend

Henry Segerstrom was renowned, of course, as creator of South Coast Plaza and a patron of art and music.

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Dog Sleds to Dior: Slice of Legend’s Life

It Took an Impresario to Get Global Traction in Costa Mesa

Add one more entry next to Henry Segerstrom’s name in the history books: retail impresario who saw Tiffany jewels where lima beans once grew.

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Midday Stock Roundup

The S&P 500 was up 0.4% to 2,112.72 in midday trading.

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Kofax Buys Dutch Software Maker

Irvine-based business software maker Kofax Ltd. has acquired a company in the Netherlands that specializes in the growing customer-management software segment.

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El Pollo Loco Plans to Expand in Utah

Costa Mesa-based El Pollo Loco Holdings Inc. said a group of Southern California franchisees have agreed to open five locations in the Salt Lake City market by 2018.

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Midday Stock Roundup

The S&P 500 was flat at 2,109.98 in midday trading.

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Asics Reaches $1 Billion Sales Mark

Asics America Corp. said it surpassed $1 billion in net sales for the first time last year, a 14.9% year-over-year increase, and expects about 14% growth in 2015.

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JWA January: More Fliers, Fewer Flights

A trend that has run about six months continued in January at John Wayne Airport as the facility saw increased passenger counts on fewer commercial flights.

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DealerSocket Makes Another Buy

San Clemente-based DealerSocket Inc. has acquired a Rancho Santa Margarita company that specializes in software for car dealerships.

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Ingram Shares Fall on Outlook

Shares of Ingram Micro Inc. dipped after markets closed Thursday, and continued to decline in midday trading Friday, as the Santa Ana company provided revenue and profit targets in the current quarter below Wall Street expectations.

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Midday Stock Roundup

The S&P 500 was down 0.1% to 2,111.13 in midday trading.

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Emulex Shares Jump on News of Sale

Shares of Emulex Corp. soared this morning in the first trading session since the Costa Mesa-based networking equipment maker announced it would be acquired for $606 million by Avago Technologies Ltd.