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New York City-based asset management firm AllianceBernstein LP disclosed in a regulatory filing a 12.7% stake in Irvine-based Habit Restaurants Inc.
Shares in the company that plans to buy Lake Forest-based Del Taco Holdings Inc. rose about 5% in early trading today as the Mexican-themed fast food chain reported first quarter earnings up about 33% on revenue up about 9%, compared with the same period last year.
Indian grocery chain Namaste Plaza has signed a lease for a 6,700-square-foot store on the Irvine side of The Market Place.
Lake Forest-based iPourIt Inc. said its self-serve beer dispensing system would be in two Dog Haus restaurants in Orange County, and that it closed on an additional $350,000, after a $1 million angel investment from January.
The Disneyland Resort in Anaheim helped drive a quarterly increase in revenues at Burbank-based parent Walt Disney Co., the company said.
Santa Ana-based Ingram Micro Inc. after the close of trading today reported first-quarter revenue that just beat Wall Street expectations, and adjusted profits that narrowly missed estimates.
Santa Ana-based Corinthian Colleges Inc. filed for bankruptcy, the company said.
Costa Mesa-based debt settlement services company Morgan Drexen Inc. has filed for bankruptcy.
Mission Viejo-based Ensign Group Inc. said today it bought one skilled nursing facility in Washington and a subsidiary bought two skilled nursing facilities in Utah, on undisclosed terms.
A number of limited partnerships plan to sell four portfolios of land and buildings that house a total of 22 Del Taco fast food restaurants in California, according to Newport Beach-based CBRE, the listing broker for the portfolios.
Shares in Irvine-based Habit Restaurants Inc. were up about 4% in midday trading Friday to a market cap of $850 million after the company reported it earned $3 million in its most recent quarter, an increase of 20% over $2.5 million in the same period last year.
The Orange County Visitors Association said it would launch a presence this month on Ctrip, a Chinese travel and tourism website.
University of California-Irvine said it will get up to $5 million over five years from the federal National Institute of Allergy & Infectious Diseases to further develop a bloodstream infection-detection system that speeds diagnosis times and improves accuracy.
Newport Beach-based Hotel Innvestor LLC plans to use crowdfunding to raise about $2 million.
Irvine-based Montage Hotels & Resorts said today it would develop Montage Los Cabos on Santa Maria Bay in Los Cabos, Mexico, its first international property.