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Irvine-based Opus Bank posted $17.3 million in first-quarter net income, up 56% from the same period a year earlier.
Irvine-based Pacific Hospitality Group plans to break ground April 29 on a four-story, 145-room hotel across the street from its Meritage Resort & Spa in Napa, according to a local news report.
Shares in Huntington Beach-based BJ’s Restaurants Inc. jumped about 9% to a market cap of $1.1 billion in Friday morning trading following a positive quarterly report after markets closed yesterday.
Allergan Plc bought Topokine Therapeutics for $85 million and certain milestone payments.
Irvine-based Acorns Grow Inc. raised $30 million in Series D funding that includes investments from Palo Alto-based PayPal and Rakuten Fintech Fund, the investment arm of an e-commerce company in Tokyo.
Shares in Irvine-based Pacific Premier Bancorp Inc. closed up 1.7% to $21.68 and a market cap $597 million after the company reported first quarter net income of $8.6 million, a 387% increase from the same period a year ago.
Santa Ana-based point-of-sale terminal maker ExaDigm Inc. merged on undisclosed terms with Shenzhen Xinguodu Technology Co., Ltd., a China-based maker of POS systems and electronic payments products.
Shares in Foothill Ranch-based Kaiser Aluminum Corporation close down about 1% to $86.58 and a market cap of $1.6 billion after the company reported first quarter net income of $26 million.
The Busch Family Foundation in Irvine gave $15 million to Catholic University of America, news reports said.
San Juan Capistrano-based toilet component maker Fluidmaster, Inc. acquired on undisclosed terms WISA BV, a restroom components designer and maker in the Netherlands.
Jim Graham, owner of Santa Margarita Ford, acquired Santa Margarita Toyota from John Dinsmore.
Orange County added 8,800 jobs in March to maintain a 4% unemployment rate.
Anaheim-based Bedrosians bought Oregon Tile & Marble, in Medford, Ore.
Anaheim-based food maker Nellson Nutraceutical named Jamie Better its Chief Executive.
Irvine-based Opus Bank bought PENSCO Trust Company, an IRA services firm in San Francisco, in a cash and stock deal worth about $104 million.
Johnny Rockets Restaurant Group plans to recast the retro burger chain for a changing customer base.
Orange-based real estate appraisal company LRES acquired InsideValuation, a commercial and residential appraisal company in Reno, Nevada, on undisclosed terms.
Irvine-based textile supplier Momentum Group has been acquired on undisclosed terms by private equity company the Riverside Company, which is headquartered in Cleveland, Ohio.
Irvine-based CoreLogic Inc. said James Balas is its new Chief Financial Officer.
Rancho Santa Margarita data analytics software maker Compellon has raised $6.7 million in a Series A funding round.
The National Science Foundation has awarded approximately $1 million to the University of California-Irvine for research to discern the best ways to support low-income students who want to major in physics and for scholarships for these students.
Golden State Foods bought the portions of two companies it has held controlling interests in since 2013.
Pacific Sunwear of California Inc. in Anaheim filed for bankruptcy protection and said it will convert debt into equity for creditor Golden Gate Capital.
Newport Beach–based accounting firm Anton & Chia LLP has acquired the U.S.-reporting clients of McCormack Su & Company in Vancouver, Canada.
Allergan PLC Chief Executive Brent Saunders said today that the drug maker will continue to seek “growth pharma” deals—including possible acquisitions that would complement its Irvine hub for Botox, ophthalmology and medical aesthetics—after the termination of its $160 billion mega-deal with Pfizer Inc.