FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Newport Beach-based Alliant Insurance Services has acquired on undisclosed terms the Farmin, Rothrock & Parrott insurance brokerage in Spokane, Wash.
Newport Beach-based United Capital Financial Advisers, LLC has acquired on undisclosed terms the private client group of Westport Resources Management in Westport, Conn.
Netlist Inc. will sell $15 million in common stock, the Irvine-based storage equipment maker said today.
The U.S. Bankruptcy Court for the District of Delaware confirmed Pacific Sunwear of California Inc.’s restructuring plan Tuesday, a move that enabled the retail chain to emerge from bankruptcy under ownership of lender Golden Gate Capital.
Aliso Viejo-based Smith Micro Software announced today that it’s raised $4M in funding from Unterberg Koller Capital Fund L.P. in New York, along with William Smith, the company’s founder and chief executive.
Rox Medical in San Clemente got $40 million in Series E financing led by Novartis Venture Fund and Apple Tree Partners, with participation by Versant Ventures and Domain Associates.
Blockade Medical in Irvine has been sold to Balt International in Paris on undisclosed terms.
Allergan Plc bought RetroSense Therapeutics for $60 million and milestone payments.
Two University of California-Irvine researchers have received a grant of $1.3 million from New York City-based JDRF to support their work on Type 1 diabetes
Irvine-based Pacific Alternative Asset Management Co. named Basil Williams head of portfolio management.
Santa Ana-based First American Financial Corp. is under contract to buy a New Jersey-based title insurance and real estate research firm on undisclosed terms.
Banc of California in Irvine has been named the official bank of the Los Angeles Rams Foundation.
Burba Hotel Network in Costa Mesa will manage the Caribbean Hotel & Resort Investment Summit (CHRIS) for the Caribbean Hotel and Tourism Association.
Smith Micro Software Inc. has regained compliance with the NASDAQ Stock Market’s minimum bid price requirement, the Aliso Viejo company announced today.
Infinity Realty Advisors in Los Angeles said a client bought the 306-room Hilton Irvine/Orange County Airport.
The parent company of Aliso Viejo-based startup FantasyAces LLC has entered an agreement to acquire a database of fantasy sports players from Gaming Nation Inc.
Australia-based online retailer SurfStitch Group Ltd. said a wave of recent losses have prompted it to delay a global rebranding effort that would have consolidated its online operations into a single website—Swell.com—named after its e-commerce subsidiary in Irvine.
Emmis Communications Corp. in Indianapolis plans to sell Newport Beach-based Orange Coast magazine, Los Angeles magazine and three other regional monthly print publications as part of an effort to go private, according to Orange County Business Journal sister publication Los Angeles Business Journal.
Incipio LLC walked away from its bidding war with Mill Road Capital Management LLC, a private investment firm that made the winning offer for Skullcandy Inc. at $6.35 a share in cash, which valued the company at about $197 million.
Tilly’s Inc. in Irvine reported revenue and earnings that exceeded Wall Street expectations for the August quarter.
Orange County was the eighth largest U.S. market for high-technology venture capital funding in the second quarter, a jump of two slots compared with the same period last year, the Irvine office of real estate brokerage JLL said.
Irvine-based Lantronix Inc. reported lower net losses in its most recent quarter and year; shares rose 15% after-hours Tuesday but declined on a sell-off in Wednesday trading
Irvine-based Banc of California is the $100 million naming partner for the Los Angeles Football Club’s new soccer stadium, which is scheduled to open in 2018.
Acacia Research Corp. will lend $20 million to Veritone Inc. in a deal that could be worth up to $50 million to Veritone.
Irvine-based Lombard Medical Inc. said it would exit the U.S. market and explore “strategic alternatives” for its business in other markets.