Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

ICU Medical Jumps on Sale Buzz

Shares of San Clemente-based ICU Medical Inc. shot up in trading today on reports that it was considering a sale.

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Greenlight Agrees to $75M Sale

Irvine-based mortgage lender Greenlight Financial Services Inc. has agreed to be acquired by Nationstar Mortgage Holdings Inc. in Lewisville, Texas.

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Capital Bank Posts Gains

Capital Bank in San Juan Capistrano reported it tripled first-quarter net income, reaching $349,000.

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Midday Stock Roundup

The S&P 500 rose 0.41% to 1,624.20 in afternoon trading Tuesday.

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Sunstone Paying $309M for Boston, New Orleans Hotels

Aliso Viejo-based Sunstone Hotel Investors Inc. said it is paying a combined $309 million to acquire a pair of hotels, in Boston and New Orleans.

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Billabong Suspends Trading on Possible Sale

The parent of Irvine-based Billabong USA announced a halt on trading of its shares late Monday as the deadline looms for talks on a possible sale of the company.

Rolls Royce PLC Buy HB Parts Maker

Huntington Beach-based aerospace parts maker Hyper-Therm High Temperature Composites Inc. has been acquired by Rolls-Royce PLC.

InstaMed Raises Money

InstaMed Inc., which has offices in Newport Beach and Philadelphia, said that it raised money in an internal round of funding.

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Billabong Suspends Trading on Possible Sale

The parent of Irvine-based Billabong USA announced a halt on trading of its shares late Monday as the deadline looms for talks on a possible sale of the company.

Rolls Royce PLC Buy HB Parts Maker

Huntington Beach-based aerospace parts maker Hyper-Therm High Temperature Composites Inc. has been acquired by Rolls-Royce PLC.

Nielsen Expositions to Be Acquired

Trade show organizer Nielsen Expositions in San Juan Capistrano has agreed to be acquired by Toronto-based private equity firm Onex Corp. for $950 million.

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La Jolla Group Names New CEO

Irvine-based apparel licensor La Jolla Group Inc. has named a new chief executive from within the company's ranks, effective immediately.

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Midday Stock Roundup

The S&P 500 rose 0.21% to 1,617.84 in afternoon trading Monday.

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Midday Stock Roundup

The S&P 500 passed the 1,600 mark on strong April jobs growth, rising 1.23% to 1,617.31 in afternoon trading Friday.

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Kawasaki Taps Auto Exec as Marketing Chief

Irvine-based Kawasaki Motors Corp. U.S.A. named former automotive executive Richard Beattie chief marketing and sales officer.

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TTM, M-Flex Report March Earnings

Orange County’s largest printed circuit board makers reported earnings for the March quarter after the close of trading Thursday.

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Masimo Meets Expectations on Q1 Profit

Shares of Irvine-based patient monitoring maker Masimo Corp. rose, a day after the company reported a first-quarter profit that met analysts’ expectations on revenue that surpassed forecasts.

Universal Protection Buys in NY

Santa Ana-based private security company Universal Protection Service has acquired Protection Plus Security Corp. in New York on undisclosed terms.

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Taco Bell Looking to Make Value Play With $1 Menu

Irvine-based Taco Bell Corp. is hoping to make the case for value with a multi-pronged approach that includes testing of a new dollar menu and limited-time offers among other expanded menu items.

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Taco Bell Looking to Make Value Play With $1 Menu

Irvine-based Taco Bell Corp. is hoping to make the case for value with a multi-pronged approach that includes testing of a new dollar menu and limited-time offers among other expanded menu items.