TECHNOLOGY

Cryoport Soared to Best-Performing Stock of Bunch

FINANCE: Netlist was worst performer in TTM

Now the envelopes for the five best- and five worst-performing stocks during the year ended March 29:

Fujifilm Buying Irvine Scientific

Fujifilm Holdings plans to buy a pair of cell culture media businesses owned by Japanese oil and metals conglomerate JXTG Holdings for about $800 million.

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J.D. Power Names CEO

Dave Habiger was named president and chief executive of consumer data and analytics company J.D. Power.

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Acquired Sensor Maker Cuts 54 Jobs

Chicago-based Littelfuse Inc. will lay-off 54 workers in Orange, following its purchase of U.S. Sensor Corp. in July for $24.3 million.

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Clean Energy Posts Big Q4 Sales Drop

Newport Beach-based Clean Energy Fuels Corp. in the fourth quarter recorded a steep sales drop and wider losses.

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Qualcomm Bid Blocked

President Donald Trump scuttled Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc., signing a presidential order Monday prohibiting the bid due to national security concerns, according to news reports.

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AutoGravity Signs TD Bank

Irvine fintech firm AutoGravity today said it signed TD Auto Finance, a subsidiary of TD Bank, to its mobile car sales app.

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Nicholas Donates $40K to UCI Crew

Broadcom Corp. co-founder Henry Nicholas is donating $40,000 to ensure the men and women crew teams at University of California-Irvine will participate in the 2018 American Collegiate Rowing Association National Championship Regatta in May in Georgia.

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Yamaha Gets First American President

Yamaha Corp. of America named Tom Sumner president to succeed Hitoshi Fukutome, who’ll return to its parent company’s headquarters in Hamamatsu, Japan, as senior general manager of Asia Pacific sales.

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Microsemi Sells for $10.15 Billion

Microsemi Corp. (Nasdaq: MSCC), an Aliso Viejo-based semiconductor maker, is selling itself for an enterprise value of $10.15 billion to Microchip Technology Inc. (Nasdaq: MCHP).

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Microsemi in Play: Report

Aliso Viejo-based Microsemi Corp. is in “advanced talks” on a potential sale to Microchip Technology Inc., according to a Wall Street Journal report.

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UEI Shares Pop

Shares of Universal Electronics Inc. are up 25% in afternoon trading to a market value of about $784 million, with shares moving about three times higher than the average.

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Alteryx Beats in Q4

Irvine-based Alteryx Inc. reported fourth quarter revenue and operating income that topped Wall Street expectations, with shares trading 17% higher after the release of the results.

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Avid Expects $20M from Secondary Offering

Tustin-based Avid Bioservices Inc. yesterday priced a public offering of 9 million shares of common stock at $2.25 apiece, and expects more than $20 million in gross proceeds after the offering closes next week.

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UCI Prof Joins Acacia in Restaurant Robotics

A Chicago hospitality company has joined Acacia Research Corp. in an investment in a Pasadena-based robotics maker for the restaurant industry, and a University of California-Irvine professor has joined that firm’s advisory board.

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