FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Garden Grove-based power plant owner and operator 808 Renewable Energy Corp. will begin trading Wednesday on the Over-The-Counter Bulletin Board.
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.
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.
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.
Orange County lost 13,900 jobs in July, breaking a five-month streak of job gains.
Irvine-based networking chipmaker ClariPhy Communications Inc. has raised $19.7 million in venture funding, according to San Francisco-based market tracker CrunchBase.
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.
Irvine-based ice cream shop Creamistry plans to franchise and expand its present single site at the Crossroads shopping center on Barranca Parkway.
Irvine-based food manufacturer and distributor Golden State Foods Corp. has acquired a vegetable supplier in New Zealand.
Wet Seal Inc. said it will celebrate the opening of 31 Wet Seal Plus stores across the country on Aug. 16, including one Orange County location at The Shops at Mission Viejo.
Cypress-based Real Mex Restaurants Inc. said on Monday it named Laurie Lawhorne its new chief financial officer.
HEALTHCARE: Valeant bid valued just above target’s market value
Investor sentiment appears to be quietly moving away from the increasingly noisy takeover attempt of Irvine-based Allergan Inc.
REAL ESTATE: Lease-back an option for newspaper’s operations
Santa Ana developer Mike Harrah is closing in on a deal to buy the headquarters of the Orange County Register, according to sources.
SERVICES: Peykoff family retains bottling operation in IE
Niagara Distributing LLC in Irvine has sold its home and office delivery routes to Glendale-based competitor Nestlé USA.
Federico Pignatelli, a director of Irvine-based Biolase Inc., resigned from the company’s board and withdrew his nomination for election at its upcoming annual meeting.
Huntington Beach-based Confie Seguros Insurance Services Inc. acquired three brokerages to add to its growing list of offices nationwide. Terms were undisclosed for all three transactions.
A company in Austin, Texas, acquired San Clemente-based Benesan Corp., which makes specialized software for in-home, nonmedical patient care.
International Buyers Seek Private-Communal Combo
Overseas buyers are driving the latest luxury homebuilding trend: multigenerational living.
Company Would Buy With Cash; Docs Eschew Valeant
Irvine-based Allergan Inc.’s ongoing attempt to beat back Valeant Pharmaceuticals International Inc.’s hostile takeover bid has provided plenty of grist for the analyst mill in recent weeks.
Teachers Get Free Licenses for Students’ Designs
Sprint Corp. and Smith Micro Software Inc. have joined forces to groom the next generation of digital artists.
23 Have Sold for $50M+ In Just Two Months
Orchard Hills’ priciest homes have had strong sales since the Irvine development opened a little more than two months ago.
Orange County’s wealthiest person has been putting a fair amount of his fortune back into his business over the past year—but we’re figuring that he’s still likely to have seen a boost to his bottom line of about $1 billion.
Shares of Irvine-based Masimo Corp. fell sharply today, one day after its second-quarter results missed analysts’ forecasts.
Evolv Sports & Designs LLC said Bruckmann, Rosser, Sherrill & Co. in New York acquired a majority stake in the Buena Park-based manufacturer of climbing footwear.
Shares of Emulex Corp. rose in after-hours trading after the Costa Mesa-based networking equipment maker reported June quarter revenue and adjusted profits that beat Wall Street expectations and provided financial targets in the current quarter that were above estimates.