Newport Beach-based DPW Holdings Inc. (NYSE American: DPW) said subsidiary Coolisys Technologies Inc. bought Enertec Systems 2001 Ltd. of Israel for $4.8 million.
Real Mex Restaurants Inc.’s owners seek to sell the chain and have hired investment bank Piper Jaffray to unearth a buyer, according to Bloomberg. The chain’s second bankruptcy filing in seven years could precede a transaction, the report said.
Orange County’s unadjusted unemployment rate fell to 2.6% in April from a revised 2.8% in March and below the 3.4% reported a year earlier, according to the state’s Employment Development Department.
Irvine-based Evolus Inc.’s stock (Nasdaq: EOLS) have taken a rollercoaster ride this week. Shares earlier buoyed by news of its new chief executive dove today when it gave updates related to the regulatory progress on the pending approval of its drug candidate DWP-450.
Irvine startup Cloudvirga today announced it closed a $50 million Series C funding round led by private-equity firm Riverwood Capital in Menlo Park.
Lazy Dog Restaurant & Bar in Huntington Beach said it will add one location in Illinois—a new state for the casual dining chain—one more in Texas, and two more in its California backyard.
CBC Bancorp (OTC Pink: NCAL), the parent company of Irvine’s Commercial Bank of California, has gone private and will no longer trade on the stock market.
Shares of Clean Energy Fuels Corp. surged after the Newport Beach company said it received an investment and launched a new leasing program for natural gas heavy duty trucks.
Allergan Plc named Carrie Strom as senior vice president of U.S. Medical Aesthetics, reporting to Chief Commercial Officer Bill Meury.
Analytics software maker Alteryx reported first quarter revenue and operating income that beat Wall Street expectations.
Irvine-based Acorns Grow Inc. won a major endorsement from BlackRock Inc. (NYSE: BLK), the world’s largest asset manager, with $6.3 trillion.
Seventeen years ago Orange County United Way President Sue Parks cofounded The Women’s Philanthropy Fund within the nonprofit.
Walt Disney Co.’s parks and resorts unit, which includes Disneyland Resort in Anaheim, reported quarterly revenue of $4.9 billion, up 13% year-over-year, and operating income of $950 million, up 27%.
Evolus Inc. named David Moatazedi president and chief executive. He comes from Allergan plc, where he was most recently senior vice president of U.S. medical aesthetics.
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) in Costa Mesa said revenue in its most recent quarter grew about 1% year-over-year to $101 million and net income declined 49% to $2.5 million; pro forma net income, a non-GAAP measure, increased 9% to $6.7 million.
Presales for Blizzard Entertainment Inc.’s next World of Warcraft expansion helped boost revenue in the first quarter, though operating income decreased as it rolled out new business lines.
Del Taco Restaurants Inc. (Nasdaq: TACO) in Lake Forest said revenue increased about 7% to $113 million and net income fell 24% to $3.2 million in its most recent quarter.
Irvine-based Yogurtland signed current franchisee Yang Group to expand the chain in Dallas-Fort Worth with up to eight locations over the next three years.
Irvine-based Taco Bell Corp.’s system-wide sales grew 4% to $2.34 billion and operating profit declined 6% to $132 million in its most recent quarter.
Home Franchise Concepts promoted Jonathan Thiessen to chief development officer, a new position. He was previously vice president of franchise licensing.
Habit Restaurants Inc. reported about $92 million in revenue for its most recent quarter, up 17% year-over-year. Net income plunged 61% to $700,000.
Allergan PLC Chief Executive Brent Saunders told investors on Monday that the company is evaluating a range of strategic options, including “splitting the company.”
CoolSys, a Brea-based refrigeration and heating company, said it bought Axiom Energy Solutions of Savannah, GA.
Orange County automakers’ sales dropped in April, and only two—Mazda Motor of America Inc. and Mitsubishi Motors N.A. Inc.—are up for the year.