Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was up 0.2% to 1,985.40 in midday trading Wednesday.

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CSUF Trust Summit Names Honorees

Several local companies were honored for being the “best connected to their treasured customer base,” during the OC Trust Summit Thursday at California State University-Fullerton.

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Skilled Healthcare Being Bought By Genesis

Foothill Ranch-based Skilled Healthcare Group Inc. said today that it is being bought in an all-stock deal by Kennett Square, Pa.-based Genesis HealthCare. A purchase price was not disclosed.

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Midday Stock Roundup

The S&P 500 rose 0.45% to 1,980.52 in midday trading Tuesday.

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808 Begins Trading Wednesday

Garden Grove-based power plant owner and operator 808 Renewable Energy Corp. will begin trading Wednesday on the Over-The-Counter Bulletin Board.

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Skilled Healthcare Being Bought By Genesis

Foothill Ranch-based Skilled Healthcare Group Inc. said today that it is being bought in an all-stock deal by Kennett Square, Pa.-based Genesis HealthCare. A purchase price was not disclosed.

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Allergan Names Hindman CFO

Irvine-based Allergan Inc. said today that it named Jim Hindman its new chief financial officer.

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Brandman Gets Ahmanson Foundation Grant

Irvine-based Brandman University received $99,600 from the Ahmanson Foundation in Los Angeles to fund technology purchases to help disabled students.

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LYFE Kitchen Investor Moving Company to Memphis

Irvine-based restaurant chain and franchisor LYFE Kitchen received a minority investment from Carlisle Corp. and will move to that company’s Memphis, Tenn. headquarters, according to reports.

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Midday Stock Roundup

The S&P 500 rose 0.81% to 1,970.91 in midday trading Monday.

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Masimo Receives FDA Warning Letter

Irvine-based Masimo Corp. has received a warning letter from the Food and Drug Administration on its manufacturing practices, the company said today in a regulatory filing.

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Midday Stock Roundup

The S&P 500 fell 0.27% to 1,949.85 in midday trading Friday.

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OC Loses Jobs, Unemployment Rate Ticks Up

Orange County lost 13,900 jobs in July, breaking a five-month streak of job gains.

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Irvine Watchmaker Partners With Guess

Martian Watches, an Irvine-based maker of “smart” watches, has partnered with Guess? Inc. in Los Angeles to develop “interactive, voice-command wrist accessories.”

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Irvine chipmaker raises $19.7M

Irvine-based networking chipmaker ClariPhy Communications Inc. has raised $19.7 million in venture funding, according to San Francisco-based market tracker CrunchBase.

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SEC Looking Into Valeant, Pershing Square

The Securities and Exchange Commission is probing Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman’s Pershing Square Capital Management LP to determine if there has been a breach of insider trading laws in their hostile bid for Irvine-based Allergan Inc., according to reports.

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Incipio Inks Deal with Kate Spade

Incipio Technologies Inc. said it has signed a licensing agreement with fashion designer Kate Spade & Co. in New York.

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Midday Stock Roundup

The S&P 500 rose 0.31% to 1,952.69 in midday trading Thursday.

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Creamistry Ice Cream Shops to Franchise

Irvine-based ice cream shop Creamistry plans to franchise and expand its present single site at the Crossroads shopping center on Barranca Parkway.

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New Website for Laguna Beach Hospitality Group

Visit Laguna Beach has a new website.

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Saddleback Medical Center Conversion Studied

Saddleback Medical Center Conversion Studied

Fountain Valley-based MemorialCare Health System said today that it would do a feasibility study with an eye toward converting the San Clemente campus of its Saddleback Memorial Medical Center to an ambulatory healthcare campus.

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Midday Stock Roundup

The S&P 500 rose 0.67% to 1,946.74 in midday trading Wednesday.

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Golden State Foods Buys Salad Supplier in NZ

Irvine-based food manufacturer and distributor Golden State Foods Corp. has acquired a vegetable supplier in New Zealand.

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Anaheim, Newport Beach on Hospitality Venue List

Anaheim and Newport Beach were among the most-sought U.S. cities for events in the past year, according to a list released by a McLean, Va.-based online database of meetings venues.

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Irvine Burger Chain Reportedly Mulls IPO

The parent company of Irvine-based fast casual hamburger chain Habit Burger Grill is eyeing an initial public offering, according to reports.