FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Ingram Micro Inc.’s $6 billion pending sale to Tianjin Tianhai Investment Co. Ltd. has gained a key regulatory approval in China.
CareTrust REIT in San Clemente bought four skilled nursing properties in the Dallas-Fort Worth market for about $96 million and signed a new tenant to run them.
Pacific Investment Management Co. in Newport Beach agreed to pay $20 million in penalties, fees and interest to the Securities and Exchange Commission to settle charges that it misled investors about one of its funds.
Architecture Design Collaborative in January will move its headquarters from Costa Mesa into a building it bought in Laguna Hills with plans to hire 10 to 15 architects and related staff through the first quarter of 2017.
LoanDepot LLC on undisclosed terms bought Closing USA LLC and will buy American Coast Title Co. Inc.
Tilly’s Inc. surpassed analyst expectations on third-quarter revenue and profit, and hiked its 2016 forecast, sending its shares up more than 35% in Thursday trading to more than $13 a share and a $371 million market cap.
Advantage Solutions, an Irvine-based provider of sales, marketing, merchandising and digital technology services to packaged goods manufacturers and retailers, has bought a consumer marketing firm in Chicago on undisclosed terms.
American Vanguard Corp. in Newport Beach said its AMVAC Chemical Corp. subsidiary would help pay for research at Harvard University “to develop and potentially commercialize” technology aimed at killing the mosquito that spreads the Zika and other viruses.
Edwards Lifesciences Corp. in Irvine will buy Valtech Cardio Ltd in Or Yehuda, Israel, for $340 million in cash and stock in a deal expected to close early next year.
Irvine-based Snyder Langston named Gary Campanaro chief financial officer.
Allergan PLC has acquired Chase Pharmaceuticals, a clinical-stage biopharmaceutical company that focuses on drugs for Alzheimer’s disease. The acquisition price includes an upfront payment of $125 million, with additional regulatory and sales milestones part of the deal.
California State University-Fullerton’s Mihaylo College of Business and Economics announced today the launching of an investment management center.
Allegro Ophthalmics LLC in San Juan Capistrano named Bill Link to its board.
Orange County’s unemployment rate ticked up to 4.1% in October from a revised 4% in September.
American Apparel LLC said a $66 million bankruptcy sale to Gildan Activewear Inc. could help it stave off a round of layoffs, including of 332 workers at its dye house in Garden Grove.
A unit of Golden State Foods Corp in Irvine created a company to run a food distributor it bought in June.
Hyundai Motor America Inc. in January will place 150 of its IONIQ EVs in the WaiveCar car-sharing fleet in Los Angeles with an option for 250 more cars in additional cities by the end of 2017.
Gavin and Ninetta Herbert will give $5 million to the Gavin Herbert Eye Institute to back retinal research into diseases that include glaucoma, diabetic retinopathy and retinal detachment.
Emerald Expositions LLC in San Juan Capistrano bought RFID Journal LIVE event and several regional expos from RFID Journal LLC in Hauppauge, New York on undisclosed terms.
Providence St. Joseph Health in Irvine plans to expand its home health care services franchise offerings by 50% over the coming year.
BirchStreet Systems Inc. signed Best Western Hotels & Resorts hotels in North America to buy from its hospitality services technology platform.
Boeing Co. plans to move 2,500 jobs from Huntington Beach within the next four years, with a fraction staying in Orange County at facilities in Seal Beach and the majority going to El Segundo, Long Beach, St. Louis and Huntsville, Ala.
The Orange Coast College Foundation received about $1.2 million from the estate of retired faculty member and administrator Jane Hilgendorf, who died in April at age 74.
Too Faced Cosmetics LLC in Irvine will sell for the second time in 18 months, with a deal pegged at nearly $1 billion more than last year’s price tag.
Irvine-based business software maker Mavenlink Inc. has raised $39 million in a Series D round led by Goldman Sachs.