Orange County Business Journal

Hannah Mitchell is managing editor. She can be reached at mitchell@ocbj.com.

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Veteran Orange County medical device executive James V. Mazzo was added to a federal grand jury indictment on insider trading charges, the Department of Justice said.

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361 Degrees International Ltd., which bills itself as the second-largest athletic brand in China, has chosen Irvine for its North American headquarters.

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Other items of interest Orange County Business Journal Vol. 37, No. 37

Costa Mesa-based Pacific Mercantile Bancorp promoted Robert Sjogren to chief operating officer. He will continue serving as general counsel. Sjorgen previously served as chief risk officer and general counsel of Carpenter & Co., an Irvine-based bank advisory firm. Pacific Mercantile is the parent company of Pacific Mercantile Bank, which is among the largest banks with headquarters in Orange County, with about $1 billion in assets as of June 30.

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Other items of interest Orange County Business Journal Vol. 37, No. 36

University of California President Janet Napolitano nominated Howard Gillman for the University of California-Irvine’s chancellor post.

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Other items of interest Orange County Business Journal Vol. 37, No. 35

Southwest Airlines will start nonstop flights beginning Nov. 2 from John Wayne Airport to Dallas.

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Other items of interest Orange County Business Journal Vol. 37, No. 34

Wet Seal Inc. has until Feb. 17 to get its shares above $1 for 10 consecutive days or face delisting by Nasdaq, the exchange warned in a letter to the Foothill Ranch-based retailer.

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Other items of interest Orange County Business Journal Vol. 37, No. 33

Wet Seal Inc. celebrated the opening of 31 Wet Seal Plus stores across the country, including one Orange County location at The Shops at Mission Viejo.

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Other items of interest Orange County Business Journal Vol. 37, No. 32

Evolv Sports & Designs LLC said Bruckmann, Rosser, Sherrill & Co. in New York acquired a majority stake in the Buena Park-based manufacturer of climbing footwear.

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Other items of interest Orange County Business Journal Vol. 37, No. 31

The Chapter 11 plan for Costa Mesa-based Fisker Automotive Inc. got approval from the United States Bankruptcy Court for the District of Delaware. Wanxiang America Corp. bought the luxury hybrid automaker in February for $149.2 million in a bankruptcy auction and said it wanted to resume production of Fisker’s Karma sedan and a second-generation model.

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Newport Beach-based hotel sales and marketing company Preferred Hotel Group said it produced $420 million in reservations for member hotels in the first six months of the year, including 41 hotels added to its roster. Member hotels grew room nights 18% and bookings by 20% in the year-over-year period. The Business Journal estimates the company’s 2013 revenue at $70 million.

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