Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 fell 1.2% to 1,949.17 in midday trading.

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JWA Amendment Gets Supervisors’ Nod

Orange County Supervisors unanimously approved an amendment that will allow John Wayne Airport to increase the number of passengers it can handle to as many as 12.5 million a year by 2026.

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Gross to Open Janus Office at 520 Newport Center Tower

Bill Gross will be setting up shop for Janus Capital Group Inc. at the 520 Newport Center office tower in Newport Beach, according to real estate sources.

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Midday Stock Roundup

The S&P 500 fell 0.3% to 1,972.55 in midday trading.

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9 OCers Make Forbes 400 List

Nine members of the Business Journal’s annual OC’s Wealthiest list were included in the recent Forbes 400 list, which ranks and profiles the wealthiest Americans by estimated net worth.

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Boot Barn Files $86M IPO

Irvine-based Boot Barn Holdings filed for an initial public offering to raise up to $86.3 million, according to reports.

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Ingredients Developer Gets $5M Debt Funding

ChromaDex Corp., an Irvine-based maker of ingredients for dietary supplements, has closed a $5 million venture debt financing from Hercules Technology Growth Capital Inc.

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Costa Mesa Chipmaker Seeks BK

Costa Mesa-based chipmaker ISC8 Inc. has filed for Chapter 11 bankruptcy protection.

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Midday Stock Roundup

The S&P 500 fell 0.42% to 1,974.59 in midday trading.

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Allergan Gets New FDA Nod on Eye Drug

Irvine-based drug maker Allergan Inc. said the U.S. Food and Drug Administration approved its Ozurdex 0.7 mg biodegradable steroid implant for general use in treating diabetic macular edema.

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Ensign Buys in Arizona

Mission Viejo-based Ensign Group Inc. bought an assisted living facility in Tucson, Ariz., the company said.

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Midday Stock Roundup

The S&P 500 rose 0.38% to 1,973.39 in midday trading.

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Gross to Janus, Will Stay in Newport Beach

Bill Gross, founder and chief investment officer of Pacific Investment Management Co., will leave the Newport Beach-based company to join Janus Capital Group.

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JWA Passengers, Flights Down in August

John Wayne Airport served slightly fewer passengers in August compared to the same period last year on fewer commercial flights.

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Midday Stock Roundup

The major indices were down steeply in midday trading.

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Report: Fox Head Looks to Sell

Irvine-based motorcross apparel company Fox Head Inc. is reportedly on the sales block and seeking more than $200 million.

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Water Treatment Specialist Raises $10M

Irvine-based WaterHealth International Inc. has raised $10 million in venture funding from a private equity firm in New York that targets infrastructure projects in developing nations.

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Mazzo Resigns From Microsemi’s Board

Aliso Viejo-based Microsemi Corp. said that James V. Mazzo has resigned from its board of directors.

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More Johnny Rockets Overseas

Aliso Viejo-based hamburger chain Johnny Rockets Inc. said it plans to open four or five new restaurants in South America by the end of the year and another seven in 2015, adding to the 13 it has there now.

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Mazzo Added to Insider Trading Indictment

Veteran Orange County medical device executive James V. Mazzo was added to a federal grand jury indictment on insider trading charges, the Department of Justice said today.

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Midday Stock Roundup

The S&P 500 rose 0.47% to 1,992.16 in midday trading.

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Valeant Previews Q3, Changes Tone on Allergan

Canada-based Valeant Pharmaceuticals International Inc., which is attempting a hostile takeover of Irvine-based Allergan Inc., got a lift in early trading today after it released a preview of its results for the current quarter.

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5 Honored With General Counsel Awards

A crowd of more than 400 members of Orange County's corporate and legal communities gathered to honor this year’s top in-house lawyers at the Orange County Business Journal's 5th annual General Counsel Awards.

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Avanir Selling $200 Million in Stock

Aliso Viejo-based Avanir Pharmaceuticals Inc. is offering $200 million of its shares to the general public.

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Irvine Glaucoma Device Startup Raises $25 Million

Irvine-based Ivantis Inc. said today that it raised $25 million in its second round of financing.