Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Ad Tech Firm Buys Competitor

Viant Technology LLC in Irvine agreed to buy Waltham, Mass.-based Adelphic on undisclosed terms.

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United Way CEO to Retire

Orange County United Way announced President and Chief Executive Max Gardner will retire when his successor is found later this year.

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Healthcare REIT Gets New Exec

Irvine-based senior housing real estate investment trust HCP Inc. named Peter Scott executive vice president and chief financial officer.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,264.62.

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Banc of California CEO Resigns

Irvine-based Banc of California Inc. announced Chairman and Chief Executive Steven Sugarman has resigned.

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PacLife Shedding Jobs

Newport Beach-based Pacific Life Insurance Co. plans to lay off about 140 in March.

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Midday Stock Roundup

The S&P 500 was up 0.3% in midday trading to 2,270.29.

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Unemployment Down, Jobs Too

Orange County’s unemployment rate fell to 3.5% in December from a revised 3.7% in November despite a net loss of jobs month-over-month.

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Reports: Wet Seal Exploring Sale

Wet Seal LLC is exploring liquidation or a sale, according to news reports.

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UCI Law Dean Honored Again

National Jurist magazine named Erwin Chemerinsky, dean of the University of California-Irvine School of Law, as the most influential person in legal education in the U.S. in 2016.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,265.73.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,265.73.

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Hyundai Plans ‘Instant Replay’ Super Bowl Ad

Fountain Valley-based Hyundai Motor America Inc.’s return to the Super Bowl will include a 90-second documentary filmed during the game that will air right after the final whistle.

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New VP for Irvine Co. Golf

Irvine Company Resort Properties in Newport Beach named Dirk Willis its vice president and general manager of golf to replace the departing Stephen Friedlander.

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Midday Stock Roundup

The S&P 500 was flat at 2,267.30.

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Ex-SEC Chair Joins Wealth Advisory

Former Orange County Congressman and Securities and Exchange Commission Chairman Chris Cox joined the board of Leawood, Kan.-based Creative Planning Inc. as director of regulatory governance.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,270.93.

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Healthcare Data Firm in $34M Buy

Auxilio Inc. in Mission Viejo bought CynergisTek in Austin, Texas for up to $34.3 million—$26.8 million upfront and up to $7.5 million in milestone payments over the next five years.

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Building Materials Firm Files for IPO

Foundation Building Materials Inc., a Tustin-based distributor of wallboard and suspended ceiling systems, among other items, has filed for an initial public offering.

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First COO for Incipio

Irvine-based Incipio Group promoted Ann Fong to chief operating officer, a new position.

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PBS Starts Kids Channel Streaming

PBS SoCal KOCE today launched channel and streaming service PBS SoCal KIDS.

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Oakley Parent Sets $49B Merger

Oakley Inc.’s Italy-based parent, Luxottica Group SPA, plans to combine operations with Essilor International S.A. in France, pending regulatory and shareholder approval.

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Midday Stock Roundup

Markets are closed today for the Martin Luther King Jr. Day holiday.

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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,275.74.

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Carrick Invests in Virginia

Carrick Capital Partners in Newport Beach invested $22 million in Perfect Sense Inc. in Reston, Va.