Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Rakuten Launches U.S. Credit Card

The parent of Aliso Viejo-based e-commerce company Rakuten.com Shopping has launched a new credit card for its U.S. subsidiary.

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Boeing to Bring 1,000 Jobs to Seal Beach, LB

Boeing Co. is adding about 1,000 engineering positions in Seal Beach and Long Beach in the next two years as part of companywide consolidation plan to boost efficiencies and meet the global demand for new aircraft production and related support.

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Big Meeting Group from China Books Anaheim

Some 7,000 visitors from China are expected to attend a conference at the Anaheim Convention Center in May.

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Report: Advantage Sales & Marketing On Sales Block

The parent of Irvine-based Advantage Sales & Marketing is looking into a sale of the company in a deal that could approach $4 billion, according to a Reuters report.

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Johnny Rockets Continues Growth Push

Restaurant openings for Aliso Viejo-based Johnny Rockets Group Inc.’s chain continue, with a new franchise deal struck for Hawaii and Guam and growth plans for Texas.

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Midday Stock Roundup

The S&P 500 fell 1.63% to 1,841.67 in afternoon trading Thursday.

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Johnny Rockets Continues Growth Push

Restaurant openings for Aliso Viejo-based Johnny Rockets Group Inc.’s chain continue, with a new franchise deal struck for Hawaii and Guam and growth plans for Texas.

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Midday Stock Roundup

The S&P 500 rose 0.34% to 1,858.29 in afternoon trading Wednesday.

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Q1 Profit Up for Subprime Auto Lender

Shares of Irvine-based automobile financing company Consumer Portfolio Services Inc. jumped more than 8% in morning trading on an announcement of better-than-expected first-quarter financial results, reaching a market value of about $185 million.

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Midday Stock Roundup

The S&P 500 rose 0.24% to 1,849.55 in afternoon trading Tuesday.

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Vans President Promoted

The parent of Cypress-based Vans Inc. said it has promoted the skate shoe company's president.

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Bronstein Resigns From Wet Seal Board

Foothill Ranch-based teen and contemporary retailer Wet Seal Inc. said Monday that Kathy Bronstein has resigned and that it has eliminated two seats from its board.

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Pac Merc Gets New CCO

Costa Mesa-based Pacific Mercantile Bancorp has named Robert Stevens chief credit officer of the company and its Pacific Mercantile Bank subsidiary.

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Sequent Medical Raises $20M

Aliso Viejo-based medical device maker Sequent Medical Inc. has raised $20 million in venture capital funding.

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Pac Merc Gets New CCO

Costa Mesa-based Pacific Mercantile Bancorp has named Robert Stevens chief credit officer of the company and its Pacific Mercantile Bank subsidiary.

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Midday Stock Roundup

The S&P 500 was off 0.91% to 1,848.10 in afternoon trading Monday.

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Questcor Agrees to $5.6B Bid

Anaheim-based Questcor Pharmaceuticals Inc. has agreed to be acquired by drug maker Mallinckrodt plc in Ireland for $5.6 billion.

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JWA February Traffic Up Nearly 3%

Passenger traffic at John Wayne Airport in February rose 2.9% compared to a year earlier to 671,858, according to recently released data.

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Irvine Clean-Tech Company Raises $9.2M

An Irvine-based clean technology company that converts greenhouse gases into plastics has raised $9.2 million in its latest funding round.

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Hoag Extends Obligation on Women’s Health Services

Hoag Memorial Hospital Presbyterian has entered into a voluntary agreement with state Attorney General Kamala Harris’ office to extend its obligation to provide women’s health services.