OC BUSINESS JOURNAL DAILY NEWS
Incipio Technologies Inc. in Irvine acquired Chino-based Incase Designs Corp., a maker of bags and accessories for Apple products, on undisclosed terms.
Huntington Beach-based Quiksilver Inc. lost $124.7 million in its third quarter ended July 31 compared with a loss of $220.6 million in the same period last year.
Major indices were higher in midday trading ahead of a U.S. Federal Reserve Board of Governors meeting today.
Irvine-based startup Enevate Corp. has raised $30 million in a Series B funding round has plans to start production of its lithium batteries.
Pielogy Pizzeria in Rancho Santa Margarita plans through franchisee Progressive Pies LLC to open three restaurants in Guam and Saipan with the first to open early next year.
Capriotti’s Sandwich Shops, which a news report in 2012 said planned 35 locations in Orange County, will end its relationship with the franchisee of the four restaurants open here.
The S&P 500 was down 0.3% to 1,954.27.
Steve Lind will move from president of Kelley Blue Book in Irvine to executive vice president of operations at Cox Automotive Media, a newly formed division of Atlanta-based Cox Automotive Inc.
A former chief executive of Fountain Valley-based Hyundai Motor America Inc. plans to join Google Inc. later this month to lead the technology company’s self-driving car project.
The S&P 500 was down 0.1% in midday trading to 1,950.01.
University of California-Irvine will get $19 million over four years from the National Institutes of Health to turn research results into medical products and services.
The St. Regis Monarch Beach in Dana Point plans a temporary layoff of 610 employees, a state filing said, with the reduction coming on a rolling basis over seven months.
The Walt Disney Co. plans to break ground on its new Star Wars-themed land at the Disneyland Resort in Anaheim next year, the Burbank-based company said today.
A developer that lost a bid to build a 5-story, 250-room hotel in Dana Point has filed for Chapter 11 bankruptcy in Santa Ana, a court filing said.
The Santa Ana-based Desert to the Sea Region of the American Red Cross covering Orange, Riverside and San Bernardino counties named Linda Voss its third chief executive since March 2013.
The S&P 500 was up 1.1% in midday trading to 1,962.58.
Yorba Linda-based Cortech Engineering LLC has been acquired by Houston-based industrial equipment wholesaler DXP Enterprises Inc.
Irvine-based Accurate Background Inc. hired President and Chief Operating Officer Tim Dowd, Chief Product Officer Alek Zdziarski and Chief Technology Officer Connie Suoo.
Quiksilver Inc. plans to close several stores in prime Orange County locations as part of a larger trim to operations that’s in the works, according to documents filed with the U.S. Bankruptcy Court for the District of Delaware.
The S&P 500 was down 0.3% in midday trading to 1,962.91.
Quiksilver Inc. filed for Chapter 11 bankruptcy late Tuesday in the U.S. Bankruptcy Court for the District of Delaware to reorganize its U.S. operations. The company’s European and Asia-Pacific businesses “remain strong” and are not part of the filing.
Eight Orange County universities were ranked on the U.S. News & World Report 2016 “Best Colleges” lists, the magazine said today.
Strathspey Crown Holdings LLC, a Newport Beach-based healthcare private equity firm, has agreed to acquire IMEX Clinic SL, a specialty medical equipment distributor in Valencia, Spain.
Shares of Pacific Sunwear of California Inc. were down 43% in midday trading Wednesday, to 34 cents and a $24 million market cap, as the Anaheim-based action sports retailer reported lower-than-expected revenue and a higher-than-expected loss for its August quarter.
Stock indices were up strongly today on hopes of stimulus actions in China and trade data in Germany. Orange County real estate and technology companies were up 3% to 4% in midday trading.