Orange County Business Journal

FINANCE

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

Quality Lays Out New Approach, $1 Billion Goal

Aims to Grow Sales, Doing More Revenue Management

Irvine-based Quality Systems Inc. showed off several aspects of its business this month at an analyst meeting, in Healthcare.

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CBC Alliance Grows OC Operations With Local Buy

Strikes Deal With Bridge Commercial Properties

Coldwell Banker Commercial Alliance is beefing up its local operations by acquiring another area brokerage with a niche in representing smaller businesses, in Real Estate

REAL ESTATE DEALS - May 20, 2013

Sales and leases of offices, industrial buildings, retail space and apartments

By the Numbers - Businesses in Laguna Hills

There are more than 1,700 businesses in Laguna Hills, and they collectively employ about 17,800 people. Includes analysis, charts and figures.

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OC Jobless Rate Down to 5.7%

Orange County’s unemployment rate dropped to 5.7% last month from 6.3% in March, helped by the addition of 3,300 jobs over the month.

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Iteris Has Mixed Quarter

Santa Ana-based Iteris Inc. on Thursday reported mixed financial results for the March quarter.

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Universal Protection Expands Into Nevada, Hawaii

Universal Protection Service has acquired Burbank-based Sky Security Services, a deal that gives the Santa Ana-based company entry into Nevada and Hawaii.

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Quantum to Raise $2.7M in Direct Offering

Lake Forest-based Quantum Fuel Systems Technologies Worldwide Inc. on Thursday announced it will raise $2.7 million in a direct offering for working capital and other general corporate purposes.

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Green Automotive Gets Stake in Electric Bike Company

Newport Beach-based startup Green Automotive Co. has acquired a 30% stake in Powabyke EV Ltd., an electric-bicycle brand owned by Metroelectric PLC in the U.K.

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Shigematsu CEO of American First Credit Union

La Habra-based American First Credit Union has named Jon Shigematsu its new chief executive.

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Opus Bank Launches Healthcare Division

Irvine-based Opus Bank has launched a division focused on providing financing to healthcare professionals.

Merrill Edge: About Half in OC Put Off Retirement

Many Orange County residents are deferring retirement as they put an emphasis on building their nest eggs, according to a survey conducted by Merrill Edge, part of Bank of America's consumer bank.

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OC 50: New Faces of Influence

Biggest Turnover in 21-Year History

This year’s OC 50 has an unprecedented infusion of new blood.

OC 50: Influences—and Influentials— From All Over

OC INSIDER by Jerry Sullivan

Family to Resume Control of Lyon Homes

REAL ESTATE: Value of homebuilder could top $700M

Irvine CoA planned return to the New York Stock Exchange for William Lyon Homes will put the Newport Beach-based homebuilder’s namesake family back in charge of its operations.mpany hikes homebuilding, apartment execs

Irvine Co. Hikes Homebuilding, Apartment Execs

REAL ESTATE: New president posts reflect building boom

The boom in development for Irvine Company’s homebuilding and apartment divisions has led to a reshuffling of executive duties at the Newport Beach-based real estate company.

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Rolls-Royce to Buy Huntington Beach Maker of Engine Parts

AEROSPACE: Wants tech for lighter components

Aerospace and defense manufacturer Rolls-Royce PLC has acquired a Huntington Beach-based parts supplier in its first acquisition in Southern California.

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$950M for Nielsen Expositions in South County

Trade show organizer Nielsen Expositions in San Juan Capistrano agreed to be acquired by Toronto-based private equity firm Onex Corp. for $950 million.

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ADDENDUM - May 13, 2013

Other news items of interest from the Orange County Business Journal

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Economic Recovery Shows in Coastal Luxury Sales

Homes, Lots Move Faster, Closer to Asking Prices

LUXURY HOMES Column by Kim Haman

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Mobilitie: Bringing 4G Wireless to a Venue Near You

TECHNOLOGY: Sold most traditional cellphone towers

Mobilitie LLC made its first major windfall by improving wireless coverage across the country, one cellphone tower at a time.

REAL ESTATE DEALS - May 13, 2013

Sales and leases of offices, industrial buildings, retail space and apartments