OC BUSINESS JOURNAL DAILY NEWS
Three of the four Orange County-based automakers beat the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.
Mission Viejo-based Ensign Group Inc. said today that it bought 15 assisted living facilities in the suburbs of Milwaukee and other areas in Wisconsin.
Delaware-based bicycle designer and manufacturer Blue Bicycles said it will move to Orange County by the end of the year and that its current chief executive, Steven Harad, has resigned and will remain with the company for 90 days to assist in the transition.
Scott Maccabe, the president and chief executive of Irvine-based Toshiba America Business Solutions Inc., has taken on the same dual role for Toshiba Global Commerce Solutions Inc., which makes installed retail point of sale systems.
The S&P 500 was down 0.7% in midday trading to 2,089.59.
Huntington Beach-based insurance brokerage Confie has acquired three brokerages on undisclosed terms.
Irvine-based Standard Pacific Corp. will have a new name following its impending acquisition of Ryland Group Inc.
Irvine-based St. Joseph Health System is near a deal for an affiliation with Providence Health & Services, which has extensive operations in Los Angeles County among other markets in the western U.S.
The S&P 500 was flat in midday trading at 2,107.73.
Irvine-based Lombard Medical Inc. said today it bought startup Altura Medical Inc. in a deal that could be worth more than $50 million, depending upon milestones.
Santa Ana-based Ingram Micro Inc. saw shares rise about 10% in Friday trading after it reported slightly higher second-quarter adjusted profits yesterday that also beat analyst estimates, though revenue missed analyst forecasts.
Irvine-based Edwards Lifesciences Corp. said today that Robert Ingram has retired from its board of directors.
Irvine-based chipmaker Broadcom Corp. after the close of intraday trading reported second-quarter revenue in line with Wall Street expectations and adjusted profits that missed estimates.
The S&P 500 was flat at 2,107.64.
Banc of California Inc. reported an 82% year-over-year increase in its second-quarter profit to $13.1 million.
Costa Mesa-based King’s Seafood Co. plans to open a Water Grill restaurant in Dallas in the fall of 2016.
Lake Forest-based Del Taco Restaurants Inc. said it will re-enter the Tennessee market in a franchise deal for 10 restaurants over the next five years.
About 275 people turned out for today’s luncheon at the Hotel Irvine to celebrate five honorees of the Business Journal’s 16th annual Family Owned Business Awards.
A Yorba Linda software maker that specializes in survey analysis has been acquired by local investment firm Poplar Capital Partners LLC, which is based in the same city.
Irvine-based storage products maker Western Digital Corp. after the close of intraday trading Wednesday reported June revenue in line with Wall Street expectations and adjusted profits that beat estimates.
Santa Ana-based facilities design firm Salas O’Brien Engineers said it acquired Atlanta-based firm HESM&A Consulting Engineers on undisclosed terms.
San Clemente-based ReShape Medical Inc. said the Food and Drug Administration approved its ReShape Integrated Dual Balloon device for non-surgical weight loss.
The S&P 500 was up 0.4% in midday trading to 2,102.57.
A U.S. Bankruptcy Court judge said yesterday that creditors of Santa Ana-based Corinthian Colleges Inc. can vote on the company’s bankruptcy plan, the Wall Street Journal said.
Santa Ana-based Universal Protection Service has acquired Guardsmark in Memphis, Tenn., on undisclosed terms.