Orange County Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Broadcom Reports Better-Than-Expected Quarter

Irvine-based chipmaker Broadcom Corp. today reported third-quarter revenue and adjusted profits that beat Wall Street expectations.

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Kaiser Aluminum Misses Profit, Revenue Estimates

Shares of Kaiser Aluminum Corp. fell 8.8% to about $68.5 and a market cap of about $1.31 billion in after-hours trading Monday as the Foothill Ranch maker of semi-fabricated aluminum products posted $15.9 million in earnings for the third quarter, good for 85 cent a share.

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Recalls for Mazda, Mitsubishi

Some 18,000 Mazda vehicles are the subject of a National Highway Traffic Safety Administration advisory that urges owners to “act immediately on recall notices” on defective airbags made by Takata Corp.

Entrepreneur Crafts Encore

AEROSPACE: Positions second company for $100 million in sales

James Downey is replicating the business model that made him one of Orange County’s wealthiest executives.

Retooled Mitsubishi Message

AUTOMOTIVE: Once figured for exit, increases sales 29.8%

Mitsubishi Motors North America Inc., despite a slim model lineup, is out to prove all the doubting Thomases wrong.

Airport Plots Out Bigger Travel Plans

TRANSPORTATION: JWA aims for more passengers, Mexico service

John Wayne Airport plans to reintroduce incentives for an airline to offer new routes to Mexico as part of its 2015 flight plan, which also includes more passengers and 15 additional flights by Southwest Airlines.

Quiksilver Cofounder Mulls His, Company’s Future

APPAREL: Board names new execs as it aims for turnaround

Robert McKnight Jr., co-founder of Quiksilver Inc., is leaving his post as the company’s executive chairman at the end of the month as the Huntington Beach-based action sports apparel and footwear manufacturer struggles with reduced quarterly revenues.

Allergan Takeover Rhetoric Intensifies Amid Skepticism

HEALTHCARE: Ackman goes on offensive, questions continue

Irvine-based Allergan Inc.’s long-running battle to stay independent marches on as hostile pursuer rhetoric heats up and many analysts express doubt about the deal going through.

Manufacturers That Survived Storm on Path of Growth

Expanding Local Plants, Adding Training Facilities

Manufacturing in Orange County is in growth mode, with many local companies—those that have weathered the recession and managed to notch consistent business gains—making investments in facility expansions and upgrading their training resources.

Companies Look to New Generation for Future

Recovery Growth, Offshore Jobs Return, Spur Hunt

Manufacturing companies and industry organizations are aggressively searching for young talent, with schools and businesses coming together to showcase advanced technologies and provide opportunities for hands-on work experience.

UCI’s Deep Bench; Evan in Snyc?; Ask Ellermeyer

The search is on for a new executive vice chancellor and provost at UCI—a job that’s about on par with a COO’s post in the business world, while the chancellor of the school functions more like a CEO.

Irvine Startup Links With Big Players for Growth

TECHNOLOGY: Device headed for Finish Line stores

Irvine-based startup Pear Sports LLC has signed a deal with Finish Line Inc. to distribute its wearable device in the Indianapolis-based company’s growing line of specialty running stores.

Lifestyle Healthcare Company Grows, Rumored for IPO

HEALTHCARE: Alphaeon closes in on nine figures

Irvine-based Alphaeon Corp.’s focus on “lifestyle healthcare” is pushing the company close to nine figures in revenue and positioning it for a potential initial public offering.

Edwards Lifesciences’ Pipeline Cited on Upgrade

Plus Good Clinical Trial News, Valve’s US Release

Irvine-based heart valve maker Edwards Lifesciences Corp.’s pipeline and positive second-quarter news recently landed it an upgrade from Chicago-based Zacks Investment Research to a “buy” ranking.

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QLogic Beats Quarterly Estimates

QLogic Corp. after the close of trading Thursday reported revenue and adjusted profits in the September quarter that beat Wall Street expectations.