Orange County Business Journal

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Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Venture Capital Conference Aims to Grow Numbers

Organizers Expect More People From Across StateThis week’s presenting companies at Octane’s annual VC in the OC conference are hoping to match the fundraising success of last year’s group, in Technology

By Chris Casacchia May 18, 2013 midnight   $$ Share
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Tesoro to Trim Office, Staff in La Palma on BP Buy

BP plc-Arco will shed about 250 employees in La Palma after it sells its refinery in Carson and its 800 or so Arco service stations to Tesoro Companies Inc.

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Meade Instruments Shares Rise on Acquisition Talk

Shares of Meade Instruments Corp. skyrocketed Monday in its first trading session since the Irvine-based company announced it was set to be acquired for $4.5 million by the North American unit of Jinghua Optics & Electronics Co.

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Qlogic Shares Drop After Chief Resigns

Shares of QLogic Corp. are down Monday in its first trading session following the resignation of Chief Executive Simon Biddiscombe.

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Sage Turns Page

Software Maker’s Irvine HQ Poised for Growth Amid Consolidation, Refocus

Sage North America’s next act: addition by subtraction

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Ads’ Aim: Put Recession in Rear-View Mirror

RGP Wants More Than “Modest Growth”

RGP is putting some kick into its marketing with an advertising campaign that includes its first-ever TV spots to go with print and radio buys.

Will ICU Draw Next $1B Deal in OC’s Device Sector?

HEALTHCARE: No shortage of suitors seen; $234M pile of cash

San Clemente company might be the next major deal in OC’s medical device sector

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Nielsen Expositions to Stay in Orange County

SERVICES: Private equity firm plans growth after $950M buy

Nielsen Expositions will keep its headquarters in Orange County and pursue strategic acquisitions under Toronto-based private equity firm Onex Corp.

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Irvine Office Might Be Year’s First to Top $100 Million Mark

REAL ESTATE: Industry sources expect high rise to reach benchmark

2030 Main Street office likely to be OC’s first building to trade hands for more than $100M this year

Will ICU Have a Ball With Sale Talk? Mike Makes $5M Statement

OC INSIDER Column by Jerry Sullivan

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Retail Development Revs Up in Laguna Hills

REAL ESTATE: Upscale demographics draw renovations

Retail construction in Orange County has been a rarity over the past three years, but the city of Laguna Hills appears ready to make up for lost time.

Toba in $12M Round for Big Data Analytics Firm

TECHNOLOGY: Second OC investment for Smith’s VC firm

The venture capital firm launched by former Quest Software Inc. Chief Executive Vinny Smith has invested in its second local company.

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Bixby Land Co. On Office-Redos Roll

REAL ESTATE: Local projects joining those in Silicon Valley

The Irvine-based real estate investor and developer has found a niche of late as something of an office fixer-upper

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Employment Agencies Post Smaller Gain Amid Job Growth

THE LIST: Combined revenue up for 3rd year; Select Staffing No. 1

Includes the 2013 OC's LARGEST EMPLOYMENT AGENCIES list for download (pdf)

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Drones Startup Gets $10.7 Million

Airware, a Newport Beach startup that makes operating system software for commercial drones, raised $10.7 million in its first funding round.

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William Lyon IPO Raises $217.5M

Shares of Newport Beach-based William Lyon Homes traded above their offering price on the day of the company’s initial public offering last Thursday.

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Reports: Billabong Executives Depart

Executives at Billabong International Ltd.’s namesake and other brands reportedly left the company as possible sale talks drag on

Edwards Lifesciences in Stock Buyback

Irvine-based Edwards Lifesciences Corp. said last week that its board authorized a $750 million buyback of its stock.

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Women-Owned Businesses Wanted for Annual List

ECONOMY: Subject of special report scheduled for July 8

The Business Journal is looking for Orange County-based companies that are at least 51% women-owned for our upcoming list of women-owned businesses.

PHILANTHROPY

PHILANTHROPY Column by Kim Haman

ADDENDUM - May 20, 2013

Other news items of interest from the Orange County Business Journal

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New Life for Old Gym Part of Creative-Office Trend

Investors With Cash Grow Keen on Collaborative Space

SPECIAL REPORT-COMMERCIAL REAL ESTATE: Not your father’s office

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Office Market Off to Healthy Start

OFFICE SPACE

SPECIAL REPORT-COMMERCIAL REAL ESTATE: Office Space

Industrial Space Stays Hot

INDUSTRIAL SPACE

SPECIAL REPORT-COMMERCIAL REAL ESTATE: Industrial Space

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Signs of Stability Showing for Retail

RETAIL SPACE

SPECIAL REPORT-COMMERCIAL REAL ESTATE: Retail Space

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CALENDAR - May 20-29 and June 4, 2013

A listing of events happening all around Orange County.