Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was down 0.8% in midday trading to 2,098.54.

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Young to Step Down at Irvine Company

Dan Young plans to step down from his executive position at Newport Beach-based Irvine Company at the end of the month.

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Ubiquity Restructures

Nicholas Mitsakos today was named interim chief executive of Irvine-based Ubiquity Inc. as part of its corporate restructuring.

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Knott’s Plans New Soak City Slides

Knott’s Berry Farm in Buena Park said it plans to begin building two new slide structures at its Knott’s Soak City water park and open them next summer.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,114.36.

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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,116.44.

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Cylance Raises $100M

Irvine-based security software maker Cylance Inc. has raised $100 million in a Series D funding round led by Blackstone Tactical Opportunities and Insight Venture Partners.

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Confie Buys in Calabasas

Huntington Beach-based insurance provider Confie acquired on undisclosed terms ExpressLink Inc. in Calabasas.

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Arbonne Stretches to New Zealand

Arbonne International LLC in Irvine said it expanded its skincare, cosmetics and nutrition business into New Zealand.

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Ubiquity to Spin Off Production Work

Irvine-based Ubiquity Inc., a technology-focused media company, will spin off its Ubiquity Studios.

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Midday Stock Roundup

The S&P 500 was up 0.5% in midday trading to 2,118.80.

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Alliant Buys Carwash Insurer

Newport Beach-based insurance broker Alliant Insurance Services acquired on undisclosed terms the Western Carwash Insurance Program in Sacramento.

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Sniper Scope Maker in $81M Contract

Irvine-based N2 Imaging Systems LLC has been awarded a five-year, $81 million Defense Department contract to develop and manufacture sniper scopes.

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Blizzard-Facebook Tie-In

Irvine-based Blizzard Entertainment Inc. today announced a partnership with Facebook Inc. that aims to connect millions of gamers while boosting content on the world’s largest social network.

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Pacific Premier Bancorp Names CFO

Irvine-based Pacific Premier Bancorp, Inc. named Ronald J. Nicolas, Jr., Chief Financial Officer of the company and the bank.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,107.74.

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Montage’s Pendry in Baltimore Named

The Baltimore hotel Montage Hotels & Resorts will run under its Pendry brand has been named Sagamore Pendry Baltimore.

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Kia, Hyundai Aid UCI Power Program

Irvine-based Kia Motors America Inc. and Chino-based Hyundai America Technical Center Inc. will work with the Advanced Power and Energy Program at University of California-Irvine.

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Rutan Launches New Practice Group

Costa Mesa-based Rutan & Tucker LLP created a public-private partnerships practice group, led by William Eliopoulos, its Silicon Valley-based construction partner.

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Data Analytics Company Launches

A Frost Data Capital data analytics startup officially launched today.

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New CEO for GPS Software Maker

Irvine-based Spireon Inc. today announced that Kevin Weiss was named chief executive and the company surpassed 3 million subscriptions for its GPS vehicle telematics software.

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Midday Stock Roundup

The S&P 500 was down 0.4% in midday trading to 2,096.99.

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Angels Ads Aim at Less Obvious Fans

The Los Angeles Angels of Anaheim signed Santa Ana-based Amusement Park to create a campaign targeting “women and other groups typically outside the scope of MLB marketing.”

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New Burger Restaurants for OC

Burger Boss LLC in Corona plans to open at least five corporate-owned locations in Orange County by year-end.

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Broadcom Shares Up on Outlook

Shares of Broadcom Ltd. were up after the chipmaker announced adjusted profits in the May quarter that topped Wall Street expectations and gave a sales outlook for the current quarter.