Paul Hughes

Web & Data Editor/Reporter

Email: hughes@ocbj.com
Phone: 949-833-8373 Extension: 236

Recent Stories

Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,597.03.

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Lazy Dog Hires CMO, CPO

Lazy Dog Restaurant & Bar in Huntington Beach named John Williams its chief marketing officer and Mariah Machnikowski its chief people officer, both new roles.

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Thos Carson Puts New Items on His Menu

Bear Flag’s Fish Tale Keeps Getting Bigger

The worst day fishing is better than the best day working, but Thomas Carson solves any dilemma by doing both.

OC Hyatts Get New Area VP

Hyatt Hotels Corp. named David Nadelman general manager at Hyatt Regency Orange County in Garden Grove and vice president over six other high-end hotels with 4,500 rooms in Southern California.

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Long Beach Airport Up 25% in October

Long Beach Airport’s passenger traffic shot up 25% to 330,000 in October from 265,000 in the same period last year.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,582.37.

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Midday Stock Roundup

The S&P 500 was up 0.9% in midday trading to 2,588.62.

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Juice It Up Adds Drive Thru

A Juice It Up franchisee will offer the chain’s products for the first time in a drive-thru location next month.

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Midday Stock Roundup

The S&P 500 was down 0.5% in midday trading to 2,566.91.

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Study: OC Tourism a $20.5B Business

Orange County Visitors Association said a study it commissioned showed tourism providing $20.5 billion in economic impact to the county last year.

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El-Erian Buzzed for Fed VC

Former Pacific Investment Management Co. Chief Executive Mohamed El-Erian’s name is being floated to be vice chairman of the Federal Reserve, news reports said.

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Lido House GM Confirmed

Lido House officially named Adam Beer its general manager.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,579.37.

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JWA September Traffic Down

John Wayne Airport passenger traffic edged down 1.6% in September compared with the same period last year.

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Taco Bell Shifts Senior Execs

Melissa Lora will retire next summer from her position as president of Taco Bell Corp.’s international division. Chief Financial Officer Liz Williams will move into Lora’s role and Rahul Shinde, currently GM in India for KFC will become Division CFO at Taco Bell.

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Disney Parks, Resorts Only Up Segment

Walt Disney Co.’s parks and resorts segment reported higher quarterly and annual revenue—the only one of the entertainment giant’s four business units to do so.

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Midday Stock Roundup

The S&P 500 was down 0.6% in midday trading to 2,579.01.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,593.46.

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Chapman: $150M in Bonds for Student Housing

Chapman University will buy Katella Grand, a 399-unit apartment complex near Anaheim's Platinum Triangle, for $148 million, from UDR, a Colorado-based REIT.

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$50M in Hotel Buys Hint at Past, Present

HOSPITALITY: Sales at Dyer & 55 Are Midscale Trend Marker

George Santayana said those who do not remember the past are condemned to repeat it, but sometimes that’s not so bad.

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Broadcom Buying Qualcomm?

Broadcom Ltd. is exploring a bid for San Diego-based Qualcomm Inc., according to news reports.

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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,584.76.

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AutoWeb Revenue, Earnings Down

AutoWeb Inc. in Irvine had net income of $100,000 on revenue of about $37 million in its most recent quarter, down from adjusted net income of $2.6 million on adjusted revenue of about $42 million in the same period last year.

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Broadcom Charter to Delaware

Chipmaker Broadcom Ltd. plans to move its official headquarters to the U.S. from Singapore, the company announced today at a press conference that included Broadcom Chief Executive Hock Tan and President Donald Trump.

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El Pollo Loco Q3 Mixed

El Pollo Loco Holdings Inc. in Costa Mesa reported a net loss of $4 million on revenue of about $101 million in its most recent quarter, compared with net income of about $5 million on revenue of $96 million last year.

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Resources Connection Makes $19M Buy

Resources Connection Inc. (NASDAQ: RECN) in Irvine bought Accretive Solutions Inc. in Chicago for $19.4 million and 1.15 million shares of restricted common stock.

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HVAC Firm Buys Into Wis.

CoolSys in Brea bought Certified Refrigeration and Mechanical Inc. in Madison, Wis., on undisclosed terms.

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Most OC Carmakers Down in October

Most OC-based automakers saw lower car sales in October and year-to-date.

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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,575.28.

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Habit Revenue Up, Profit Down

Habit Restaurants Inc. for its most recent quarter reported revenue up about 18% but earnings were cut in half.

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Two Firms Return Long Beach Airport RFP

Ross Aviation and Gulfstream Aerospace Corp. responded by a Nov. 1 deadline to a Long Beach Airport request for proposals on the development of 31 acres near the facility.

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Wincome Names New Westin’s GM

Wincome Group said Carmine Iommazzo is its new general manager at Westin Anaheim Resort.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,576.70.

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Auto App Makes New Lending Deal

AutoGravity Corp. in Irvine added Irvine-based Global Lending Services LLC, a sub-prime lender based in Greenville, S.C., to its car-shopping app.

St. John Cuts Include Boutique

St. John Knits International Inc. will cut 72 jobs in Irvine effective December 11, according to a Worker Adjustment and Retraining Notification it filed with the state Employment Development Department.

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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 3,579.55.

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BJ’s: Revenue Up, Earnings Down

BJ’s Restaurants Inc. in Huntington Beach reported revenue of $247 million in its most recent quarter, up about 6% year-over-year. Net income was $2.4 million—down two-thirds from the same period last year, when net income was $7.2 million.

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Midday Stock Roundup

The S&P 500 rose 0.3% in midday trading to 2,564.10.

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Midday Stock Roundup

Indices were down 0.7% each in midday trading.

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Bear Flag Owner to Lido Marina Village

Bear Flag Restaurant Group in Newport Beach plans to open a new restaurant at Lido Marina Village.

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Long Beach Airport Traffic Up 22%

Long Beach Airport passenger traffic grew 22% year-over-year to 301,000 in September.

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Legacy Brander Launches Sites

MerchSource LLC launched retail websites for its FAO Schwartz and 5th Avenue Bergdorf Goodman brands.

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Hyundai Names Ex-Toyota Exec COO

Hyundai Motor America Inc. named Brian Smith its chief operating officer.

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Automotive App Cuts Lending Deal

AutoGravity Corp. has another lender on its car-shopping app.

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UCI on $14.65M Literacy Team

University of California-Irvine is part of a group that received a five-year, $14.6 million U.S. Dept. of Education grant to improve literacy instruction.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,571.82.

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September Unemployment Down

The September unemployment rate in Orange County was 3.6%, down from a revised 4.2% in August and lower than a year-ago estimate of 4%.

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PHG Names CFO, Ops Role; Moves GM

Pacific Hospitality Group in Irvine named Kent Crandall chief financial officer, hired a senior vice president of operations to report to COO Robb Walker, and shifted a GM to its Paséa resort.

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16 Franchisers Hit List

Several OC-based franchise systems made the 2017 Franchise Times 500 list, which ranks companies by 2016 systemwide sales.

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Del Taco Revises Full Year

Del Taco Restaurants Inc. in Lake Forest reported higher revenue and net income in its third quarter compared with the same period last year, but revised some projections downward for its full-year performance and shares fell about 20% in Friday trading to a $473 million market cap.

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