OC BUSINESS JOURNAL DAILY NEWS

Habit Chief Marketer Departs

Habit Restaurants Inc. Chief Marketing Officer Matt Hood plans to leave the fast-casual burger chain for another job, the company said.

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Five Honored for Entrepreneurship

About 300 members of Orange County’s business community celebrated five honorees at the Business Journal’s 17th annual Excellence in Entrepreneurship Awards Thursday.

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Feds Seek Third Try at Mazzo

Justice Department lawyers said this week they plan to try medical-device executive Jim Mazzo for a third time for violating insider trading rules after two prior efforts ended in hung juries.

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Midday Stock Roundup

The S&P 500 was up 0.3% in midday trading to 2,756.62.

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OC 500: Laura Khouri

Joined 1985 … president 2010 … runs 25K properties in SoCal, Nevada, Utah, for developer-owner Western National Group … chief exec WNG is Michael Hayde … Khouri board member, past president state trade group, OC chapter … certified Senior HR professional … Chapman U. trustee … United Way-OC Alexis de Tocqueville Society … boards: Prentice School, JSerra, Laura’s House

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Del Taco Down on Results

Shares in Del Taco Restaurants Inc. (Nasdaq: TACO) in Lake Forest fell about 10% in Thursday trading following yesterday's release of its fourth quarter and full-year results.

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Laguna Beach Hotel Sells

Art Hotel in Laguna Beach sold for $7.7 million.

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Juice It Up Sold

Juice It Up was sold to SJB Brands LLC, a partnership of three investors: Dover Shores Capital LLC, Britt Private Capital LLC and Jupiter Holdings LLC.

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Providence St. Joe Gets New COO

Providence St. Joseph named Victor Jordan chief operating officer for Providence St. Joseph Health Southern California, effective March 26.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,761.79.

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OC 500: Janie Tsao

With husband Victor part of one of OC’s most powerful business couples … coleads family foundation … couple spends much of free time in Asia … both born in China … couple behind first wireless router enshrined in Consumer Electronics Hall of Fame 2014 … They sold Linksys Group Inc. about 15 years ago to Cisco Systems, $500M … Business Journal OC’s Wealthiest, $850M

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Clean Energy Posts Big Q4 Sales Drop

Newport Beach-based Clean Energy Fuels Corp. in the fourth quarter recorded a steep sales drop and wider losses.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,783.15.

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Qualcomm Bid Blocked

President Donald Trump scuttled Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc., signing a presidential order Monday prohibiting the bid due to national security concerns, according to news reports.

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OC 500: William Borgsmiller

$50M, San Luis Obispo-based fixed-based operator took on lease at JWA, April … breathes planes: wanted to be a pilot as a kid; hero: Wiley Post, ‘early influencer for civil aviation’; life turning point: ACI’s

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85,000 at Natural Products Show

New Hope Network in Boulder, Colo., said Natural Products Expo West & Engredea, which ended Sunday, drew 85,000 attendees and 3,521 exhibitors.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,786.90.

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Hoag Takes Classic Sponsorship

Hoag Memorial Hospital Presbyterian in Newport Beach has assumed the title sponsorship of Orange County’s only PGA Tour event, renaming it the Hoag Classic.

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OC 500: Dale Fowler

He and wife, Sarah Ann, in Feb. said they’d give $45M to help Chapman build engineering school … word came at first ‘state of the university’ address by President Daniele Struppa, OC 500 … they gave $55M in 2013

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Midday Stock Roundup

Markets were up in midday trading on a U.S. hiring surge: payrolls rose by more than 300,000 in February and the unemployment rate held steady.

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GOP Throwdown: Baugh to Battle Rohrabacher

Longtime Orange County GOP Chairman Scott Baugh will challenge 15-term Republican Congressman Dana Rohrabacher in the 48th district.

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AcuFocus Sells Kamra Technology

Seattle-based SightLife Surgical Inc. will buy the Kamra inlay from AcuFocus Inc. in Irvine on undisclosed terms in a deal expected to close this month.

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OC 500: Susan Samueli

Foundation pledged $200M to UCI Sept. … includes $50M for health sciences college, $5M for tech, labs … rest to endowment, faculty, scholarships, fellowships … health, well-being focus … previously backed Susan Samueli Center for Integrative Medicine … husband: Broadcom cofounder Henry Samueli, OC 500 … UCI Chancellor Howard Gillman, OC 500, said gift, school, among tops US

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Preferred Adds Non-Family C-Suite Execs

Preferred Hotels & Resorts in Newport Beach named Michelle Woodley president and Kristie Goshow chief marketing officer, and promoted Caroline Michaud to executive vice president, corporate communications & public relations.

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Earnings, Revenue Miss at AutoWeb; CEO, CFO Exit

Jeffrey Coats will leave his post as president and chief executive of Irvine-based AutoWeb Inc., formerly Autobytel, as the company missed analyst expectations on earnings and revenue in its most recent quarter.

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