Stories for September 2011

Friday, September 30

Sun Healthcare Lowers Guidance

Irvine-based Sun Healthcare Group Inc. on Friday offered new financial guidance, with a significant drop in revenue and earnings now in its full-year outlook.

Thursday, September 29

Nike Names CEO for Hurley

Nike Inc. appointed a former True Religion Apparel Inc. executive on Thursday to lead Costa Mesa-based action sports apparel company Hurley International LLC.

Medicare Review Hits Edwards Lifesciences' Shares

Irvine cardiovascular device maker Edwards Lifesciences Corp.’s shares fell Thursday after the Centers for Medicare and Medicaid Services said it plans to review its less-invasive replacement heart valve based on concerns raised by doctors over stroke risks.

Drug Maker Questcor Gets Bump on Acthar Prescriptions

Anaheim drug maker Questcor Pharmaceuticals Inc.’s shares rose recently on news of more new prescriptions for its sole drug.

Tuesday, September 27

Lantronix Taps Former Mindspeed Exec as CFO

Jeremy Whitaker, a former executive at Newport Beach-based networking chipmaker Mindspeed Technologies Inc., has been named chief financial officer for Lantronix Inc.

Resources Connection on S&P SmallCap 600

Irvine-based Resources Connection Inc. will become part of the S&P SmallCap 600 Index after the close of trading on Friday.

Monday, September 26

Ceradyne Shares Jump on Defense Contract

Shares of Costa Mesa-based Ceradyne Inc. jumped today after it landed a $127 million contract for ceramic armor plates for the U.S. military.

Opus Plans Five More Offices

Laguna Niguel is part of Opus Bank’s plan to add five offices in California and Washington.

Sunday, September 25

Huntington Beach Offices Could Become Apartments

Plans for Redevelopment on 3.2-Acre Site to City

Huntington Beach offices could become apartments, in Real Estate

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Experian Aims for Parents as Kids Get Back to Campus

“Credit Fail” Campaign Puts Focus on Co-Signers

Experian targets parents of college students, in Media and Marketing

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Irvine Co. Tops Tustin Legacy List for Apartments

REAL ESTATE: Field of 5 chosen; commercial pending

Irvine Co. leads mix on apartments at Tustin Legacy project

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Battery Maker Triples Space in Irvine for Push on Lithium-Ion

TECHNOLOGY: Enevate takes 22,000 SF; aims for cell phones

Enevate tripling space for push on lithium-ion

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Retail’s Big-Box Rebound

REAL ESTATE: Glut eases with new uses; class A space heats up

Retail’s big-box rebound

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By the Numbers - OC Engineering Firms

Engineering Firms, in By The Numbers

Convention Center Goes Car Crazy

Convention Center goes car crazy

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REVIEW - South Coast Repertory’s Pride and Prejudice

Through Oct. 9

South Coast Repertory faces a daunting challenge in bringing to the contemporary stage a truly loved 200-year-old masterpiece, Pride and Prejudice by Jane Austen.

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Growth On Front Burner

Upscale Appliance Maker Dacor Seeks Break-Out on Sales

Dacor looks for break-out on stagnant sales

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Business Community Backs Autism Summit

EVENTS - Scenes from business, social, charity and other events

Business community backs autism summit

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Sales and leases of offices, industrial buildings, retail space and apartments

Beckman Makeover: Job Cuts, China Push

HEALTHCARE: Danaher sets “higher bar,” sees big potential

Danaher plans cuts at Beckman Coulter


Mixed Picture in North, Central OC

Mixed Q2 results for North, Central County commercial market

New UCI Dean Wants to Partner; John Wayne Auction

OC INSIDER Column by Rick Reiff

Microsemi Hits $1B Goal With Zarlink Deal

TECHNOLOGY: Takes offer up; eyes fight on mixed-signal

Microsemi to hit $1B revenue goal with Zarlink deal

Hager Pacific Digs Deeper for ‘Value Add’ Buys

REAL ESTATE: Remediation, renovations on some bargains

Hager Pacific digs deeper for ‘value add’

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Broadcom’s Bonus on NetLogic Deal: About 700 Patents

Santa Clara Chipmaker Has About One Per Employee

Broadcom acquisition to bring about 700 patents, in Technology

Billings Back, Employment Lags at Engineering Firms

Fluor Still Biggest on Billings; Wildan Sees Largest Drop

ABOUT THE LIST: Biggest Engineering Firms. Includes the 2011 OC's LARGEST ENGINEERING FIRMS list for download (pdf)

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Ingram’s Healthcare Network Follows Organic Lead

Customers Started Among Selves; Tight Network Seen

Ingram establishes network for healthcare IT, in Healthcare

Ingram Says Australia Logistics Fixed After Q2 Struggles

TECHNOLOGY: Glitches on system overhaul hit sales, profits

Ingram gets over glitch on overhaul

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Architects See Gain on Billings In Gradual Recovery

LPA still No. 1

The List: Biggest Architecture Firms. Includes the 2011 OC's LARGEST ARCHITECTURE FIRMS list for download (pdf)

Denny’s to Casanova for Hispanic Account

ADVERTISING: Agency adds big-name client, Internet duties

Hispanic-market advertising agency Casanova Pendrill Inc. has landed American-style restaurant chain Denny’s Corp. as a new client.

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Edwards Comes Up Again as J&J Mulls Heart Valve Market

HEALTHCARE: Speculation as FDA decision on Sapien nears

Buzz on Edwards Lifesciences’ future starts up again

CALENDAR - September 27-October 4, 2011

A listing of events happening all around Orange County. September 27-October 4, 2011

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By the Numbers - OC Architectural Firms

Architectural Firms, in By The Numbers

ADDENDUM - September 26, 2011

Other items of interest Orange County Business Journal

Huntington Beach Defense Contractor Sells for $126M

Trivec-Avant Corp. has been acquired for $126 million by a U.K-based aerospace manufacturer.

Foreign Correspondents, Utility Players

OC Firms Look Offshore for New Business; Energy Projects Fill Gaps at Home

Firms seek growth offshore

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RV Entrepreneur’s Sales Goal: $100,000 for CHOC

McMahon Looks to Make Total With Raffle Tickets

PHILANTHROPY Column by Sherri Cruz

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Hoag’s Job Cuts Latest in Trend as Hospitals Gird for Tough Stretch

HEALTHCARE: 175 layoffs come as St. Joseph trims 144

Hoag Memorial trims 175 jobs

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Saturday, September 24

MARKET WATCH - September 26, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

Friday, September 23

New Merrill Lynch Regional Director Replaces OC Exec

Bank of America Corp.’s Merrill Lynch announced that Chandler Root will become director of its southwest region, which includes markets in California, Arizona, New Mexico, Hawaii and Guam.

Hacking Incident Hits Red Digital

A plea agreement reached with a high-profile film industry executive in an email hacking case has made waves among camera manufacturers and Hollywood with big name victims that include Lake Forest-based Red Digital Cinema Camera Co.

DDi Corp. CFO Leaves for Bay Area Company

J. Michael Dodson has resigned as senior vice president and chief financial officer of Anaheim-based circuit maker DDi Corp. to take a similar role at Mattson Technology Inc. in Fremont, the company announced today.

Thursday, September 22

Huntington Beach Defense Contractor Bought for $126M

Huntington Beach-based Trivec-Avant Corp., which makes advanced antenna systems for the U.S. military and other government allies, has been acquired for $126 million by a U.K-based aerospace manufacturer.

Microsemi Gets Zarlink Deal

Aliso Viejo-based chipmaker Microsemi Corp. appears set to add Zarlink Semiconductor Inc. to its fold after increasing its bid to $632 million.

Wednesday, September 21

9 OC Billionaires on Forbes 400

Nine Orange County billionaires made the Forbes' list of the 400 wealthiest individuals in America.

Tuesday, September 20

Former Volcom General Counsel Headed to Nike

The former general counsel of Costa Mesa-based Volcom Inc. is headed for Beaverton, Ore.-based Nike Inc.

Hoag Cuts 175 Jobs

Hoag Memorial Hospital Presbyterian, which has campuses in Newport Beach and Irvine, said Tuesday that it has cut 175 jobs, about 3.5% of its workforce.

New Pimco Fund Focused on Inflation

Newport Beach-based Pacific Investment Management Co. has launched a new fund intended to take advantage of potential gains to be made amid what it sees as global inflationary trends.

Monday, September 19

San Clemente Memory Board Maker Moves to South Dakota

Legacy Electronics Inc., which makes memory boards for computers, has moved its headquarters from San Clemente to South Dakota.

Microsemi Files Against Zarlink’s Shareholder Rights Plan

Aliso Viejo-based chipmaker Microsemi Corp. is challenging a takeover defense by Zarlink Semiconductor Inc.

Sunday, September 18

Hyundai’s Other Hit

Hip Hamsters, Stream of Rollouts Help Kia to Record Sales

Kia on brink of back-to-back record-setting years

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Sales and leases of offices, industrial buildings, retail space and apartments


South County Steady on Office, Retail; Industrial Mixed

South County steady on office, retail. Includes Real Estate Watch industry performance charts.

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Dendreon Job Cuts Part of Cautious View on Cash Flow

Makes Push to Improve Provenge Reimbursements

Dendreon aims for break-even point on cash flow, in Healthcare

Newport Center Drive Ranks Among Most Expensive

Report Puts Area in Top 10 Nationally, 4th in California

Newport Center Drive among most expensive, in Real Estate

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Epicor HQ to Bay Area; Most of Local Operation Stays Here

TECHNOLOGY: Move expected since sale to Apax Partners in May

Epicor moves HQ to NorCal, maintains local presence

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Wahoo’s Makes San Diego Push as Rubio’s Regroups

RESTAURANTS: Adds franchises; local skateboard makers have two

Wahoo's makes San Diego push as Rubio's regroups

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Standard Pacific Turnaround Now Inside Job With Stowell

REAL ESTATE: Veteran tapped for CEO, board seat

Standard Pacific chief exec to step down, insider tapped as replacement

Patent Law Throws Learning Curve at IP Attorneys, Clients

LAW: “First to file” standard; new room for challenges

Patent law throws learning curve at lawyers, clients

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MARKET WATCH - September 19, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

Some Tension but No Arrests at This Israeli’s Talk

OC INSIDER Column by Rick Reiff


Other items of interest Orange County Business Journal

CALENDAR - September 20-28, 2011

A listing of events happening all around Orange County. September 20-28, 2011

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Local Drug Makers Part of Chase for $100B in Patents

HEALTHCARE: Brands get defensive as expirations loom

Drug companies in the mix of brewing fight

Western Digital Takes Another 104,000 SF in Irvine

REAL ESTATE: Expansion puts total at Park Place HQ to 470,000

Western Digital adds 104,000 SF

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LBA Adds Surf City Industrial to Portfolio

REAL ESTATE: Deal for 493,000 sq. ft.; in talks on lease

LBA Realty buys Huntington Beach warehouse

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Contract Electronics Companies See Jump in Jobs

First gain since 2008; 14 largest combine for 2,653 workers here

ABOUT THE LIST: Electronics companies see jobs jump. Includes the 2011 OC's LARGEST ELECTRONICS COMPANIES list for download (pdf)

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First Blush on Broadcom Buy: The Price is Right

TECHNOLOGY: $3.7B deal biggest in company history

Broadcom offers $3.7B for NetLogic

By the Numbers


Electrical manufacturers, in By The Numbers

Allergan Takes Aim at Share of $1 Billion Hair-Loss Market

HEALTHCARE: Seeks new use for Latisse; nine-figure potential

Allergan eyes $1B market

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Broadcom’s Mixed-Signal Chip Keys Satellite TV Push

Debuts New Technology at Amsterdam Convention

Broadcom enters outdoor satellite TV business, in Technology

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USA Water Polo Aims for 2 Goals in Cap Campaign

Governing Body Looks to Stir Fans, Sport Itself

USA Water Polo aims for goals in campaign, in Media and Marketing

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REO on Newport Coast Gets More than Asking Price

Multiple Offers Indicate Market “Starting to Settle”

REO gets more than asking price, in Luxury

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Low Prospects for Profits Don’t Stop Hospitals’ Push on Clinics

HEALTHCARE: Seen as way to relieve ERs, lower costs of care

Trend of local clinics grows

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Private Equity for Household Goods

FINANCE: ClearLight in deal on Anaheim “impulse” specialist

ClearLight Partners acquires Evriholder

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Friday, September 16

Unemployment Rate and Jobs Count Down

Orange County’s unemployment rate fell last month as the pool of individuals looking for work shrank while different sectors saw a mix of drops and gains in employment.

William Lyon Homes Makes $2.9M Loan Payment, Beats Deadline

Newport Beach-based William Lyon Homes said on Friday it met a Sept. 14 deadline to make a delinquent loan payment, staving off the possibility of defaulting on a loan with nearly $78 million of outstanding principal.

Dendreon to Cut 70 Jobs in Seal Beach

Seattle-based biotechnology company Dendreon Corp. will lay off 70 workers at its newly opened Seal Beach plant, according to a regulatory filing.

Thursday, September 15

New Chief Credit Officer for Opus

Opus Bank has tapped an executive from a recently acquired bank in Washington as executive vice president and chief credit officer.

Wednesday, September 14

Newport Beach Firm Buys $158M Loan Portfolio

Newport Beach-based distressed-debt specialist Sabal Financial Group LP has acquired a $158 million portfolio of performing and nonperforming commercial loans of the failed FirsTier Bank of Louisville, Colorado.

Tuesday, September 13

Acacia Settles Patent Dispute with

Newport Beach-based Acacia Research Corp., which licenses patents for companies, reached a settlement and licensing agreement with Salt Lake City-based Internet retailer, the company announced Tuesday.

Newport Beach Private Equity Firm Gets Anaheim "Impulse" Manufacturer

Newport Beach-based private equity firm ClearLight Partners LLC today acquired Evriholder Products LLC, a household products manufacturer in Anaheim.

Edwards Plans $500M Stock Buyback

Irvine-based heart valve maker Edwards Lifesciences Corp. said Tuesday that its board has authorized a new $500 million buyback of its stock.

Monday, September 12

Allergan’s Latisse Moves Along for Baldness

Irvine-based drug maker Allergan Inc. has moved Latisse, its eyelash grower, into the second phase of clinical testing for baldness, according to a Bloomberg report.

Standard Pacific CEO Campbell Stepping Down, Stowell Promoted

Standard Pacific Corp. chief executive Ken Campbell is stepping down from the Irvine-based homebuilder at the end of the year, to be replaced by the company’s current president, Scott Stowell.

Broadcom in $3.7B Deal for NetLogic

Irvine-based chipmaker Broadcom Corp. is buying NetLogic Microsystems Inc. in Santa Clara for $3.7 billion, the company announced Monday.

Sunday, September 11

InstaMed Raises $5.5 Million, Stays Mum on Latest Investors

Healthcare Payment Processor Counts Wealthy SoCal Families Among Initial Backers

InstaMed raises $5.5M

Roxy Leads Way as Quiksilver Gains Momentum

APPAREL: Core brands back; price points pass fast-fashion

Quiksilver turns corner in juniors business

STEC OKs Up To $40 Million in Stock Buy-Backs

Follows $15M Last Month; Recent Gains After Big Dip

STEC plans another buy-back of shares, in Technology

Record Shipments in Q2 for Western Dig

TECHNOLOGY: Ups market share despite weak PC sales

Western Dig sees record shipments in Q2

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They’re Back: Kia’s Hamsters Latest Role to Push Soul

Ad Campaign Aims Young With “Party Rock”

Kia’s hamsters are back, in Media and Marketing

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Serato Chooses All for Anaheim White House Program

Nonprofits to Get Weekly Meals, Use of Hall, Staff

Anaheim White House restaurant owner and chef Bruno Serato’s latest creative charitable endeavor begins next year.

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Little Notice, Some Growth for Executive Healthcare

New, Established Providers in Trend; $1,500 Physicals

Little notice, some growth for executive healthcare, in Healthcare

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Microsemi Stands on Deadline for Zarlink Bid

TECHNOLOGY: Doubts other offers, vows to walk on Sept. 23

Microsemi stands on deadline for Zarlink bid

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Anaheim Sees Foot in Door on Comic-Con

CONVENTIONS: Little sister WonderCon temporary addition

Anaheim sees foot in door on Comic-Con

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Revamped Digs, Executive Lineup for CB Richard Ellis

Expansion, Upgrade Nearly Done in Newport Beach

Revamped digs, executive lineup for CB Richard Ellis, in Real Estate

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Chapman Seeks Biz Dean; Pyott, Herbert Close Friends—Now

OC INSIDER Column by Rick Reiff


Airport Area’s Momentum Slows

Airport area’s momentum slows.

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CALENDAR - September 13-21, 2011

A listing of events happening all around Orange County, September 13-21, 2011

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Four Orange County Companies Up for Healthcare Awards

Orange County companies account for four of the 12 finalists for the 2011 Innovations in Healthcare Abby Awards to be announced by the Adaptive Business Leaders Organization on Sept. 28 in Long Beach.

Kaiser Aluminum Donates 3,000 Flag Poles to Sept. 11 Memorial

MANUFACTURING: Metal’s shine adds to “Tribute of Light”

Kaiser Aluminum donates poles for 9/11 memorial

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MARKET WATCH - September 12, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance.

Drug Maker Dendreon to Cut 500 Jobs

Seattle-based biotechnology company Dendreon Corp. plans to cut about 500 jobs in a restructuring.


Other items of interest Orange County Business Journal

Ensign Likes Sea Change

Nursing Home Operator Sees More Than Cuts Ahead

Ensign appears poised to grow through tough times

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Irvine Co. Eyes 2nd Chicago Skyscraper

REAL ESTATE: Reports of deal point to 50% stake for $310M

Irvine Company eyes 2nd Chicago skyscraper

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Private Foundations Reverse Decline on Assets, Trim Giving

$110.8M in donations; assets up after 19% dip of prior year

Individual, family foundations’ donations fall, assets rise. Includes the 2011 OC's LARGEST PRIVATE FOUNDATIONS list for download (pdf)

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Slower Decline Points to Stability for Corporate Foundations

About half cut back on gifts; no changes for Beckman

Corporate foundations gave $113.1M last year. Includes the 2011 OC's LARGEST CORPORATE FOUNDATIONS list for download (pdf)


Sales and leases of offices, industrial buildings, retail space and apartments

EVENTS - Street Law’s Corporate Mentors

Law students, corporate mentors school youth on practical legal info. Scenes from business, social, charity and other events.

Lyon Buys Land Up North as Clock Ticks on Debt Load

REAL ESTATE: Share in old mall site; deadline this week on senior note

Lyon buys land up north

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Pacific City Playbook

Sources Say Bids In, Half-Off Sale Likely

Sources: Pacific City near ownership change

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You Gotta Ask!

Background on Potential Donors Helps; Face Time Brings Mission to Life

A look at making “the ask”

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Friday, September 9

Federal Court Rules for Allergan in Patent Dispute

A federal judge has ruled that Irvine-based Allergan Inc.’s patent on its Lumigan glaucoma drug is valid and was infringed upon by two generic versions.

Mitsubishi Ups Price on Electric Vehicle

Cypress-based Mitsubishi Motors North America Inc. said it's increasing the price on its electric vehicle.

JWA Commuter Terminal Opens

John Wayne Airport opened a new commuter terminal that move it one step closer to completing a $543 million airport improvement program.

Thursday, September 8

Drug Maker Dendreon Cutting 500 Jobs

Seattle-based biotechnology company Dendreon Corp., which recently opened a manufacturing plant in Seal Beach, said Thursday that it would cut about 500 jobs in a restructuring.

InstaMed Raises $5.5 Million

InstaMed Inc., a private company that processes out-of-pocket healthcare payments from offices in Newport Beach and Philadelphia, recently raised $5.5 million in a round of private equity funding.

Wednesday, September 7

Western Digital Tops Seagate in Q2 Shipments

Irvine-based drive maker Western Digital Corp. extended its market share lead in the second quarter over Scotts Valley-based rival Seagate Technologies LLC. Shares Up on Improved Outlook

Shares of Irvine-based search engine operator Corp. rose Wednesday, a day after the company upped its revenue outlook for the second half of the year citing contract modifications.

Sunday, September 4

CoreLogic’s Wild Ride Turns Toward Sale

REAL ESTATE: Reviewing options; private equity likely

CoreLogic’s wild ride turns toward sale

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Creative Tension

Draftfcb Maintains Behemoth Account, Fundamental Passion

Draftfcb maintains behemoth account, fundamental passion

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Telogis Inc.’s Strategic Direction

TECHNOLOGY: Appreciation outings, more than $33M in sales

Telogis on growth streak as it expands in Europe, Latin America

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Generation Gap as Growth Strategy

REAL ESTATE: RiverRock hires young, spends time on training

RiverRock hires young, spends time on training

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Aspen Goes Beyond Bonuses in Building Culture of Respect

HEALTHCARE: Cofounder’s former frustration helps set bar

Aspen goes beyond bonuses in building culture of respect

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Good Spirits Required

FINANCE: Debtmerica finds that nice counts, “spiffs” help

Pizza day, team culture help Debtmerica nab spot

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Resort Is Stage for These Workers

HOTELS: Script calls for happy workers at Waterfront in Surf City

Resort is stage for Waterfront workers

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Cresa Partners ‘Cheshire Cat Smile’ Follows ‘Shareholder Mentality’

REAL ESTATE: Parties, road trips, ball games in the bargain

Cresa aims to rep area’s best companies

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Employees as Customers

Allergan Wants to Do Better on Both Counts

Allergan looks to build environment where employees are served as customers

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Masimo Gets European OK on Monitor, Analyst’s Nod

Came in SedLine Buy; Street Likes Long View

Masimo gets European OK on monitor, in Healthcare

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Other items of interest Orange County Business Journal

Wet Seal, PacSun: Tale of 2 Teen Retail Promotions

Androids, Athletes, Bring Attention to Mall Chains

Androids, athletes bring attention to mall chains, in Media and Marketing

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WD Domino Effect: Serrano Creek for Sale or Lease

Upgrades Made, Brokers in Place for Vacant Campus

Serrano Creek for sale or lease, in Real Estate

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Great Park Approval Shakes Irvine Politics; Perry, Then Christie

OC INSIDER Column by Rick Reiff


Sales and leases of offices, industrial buildings, retail space and apartments


High-End Helps Retail Market

The second quarter brought signs that luxury shoppers are back in Orange County

EVENTS: What a Ball!

Scenes from business, social, charity and other events

Surf Industry Manufacturers Association holds Waterman’s Ball.

How Best Companies Make List

A rundown on how best companies make list. Includes the 2011 OC's BEST PLACES TO WORK list for download (pdf)

MARKET WATCH - September 5, 2011

The Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

Keeping it Real

Growth Comes With Town Hall-Style Meetings, Trips to Strawberry Farms

RealPractice sees “rebirth,” growth

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Orange Community Bank Now Part of Grandpoint

Orange Community Bank is now part of Los Angeles-based Grandpoint Bank.

Wet Seal Takes on Look of Turnaround

RETAIL: Chief executive sees future “more planned, less reactive”

Wet Seal takes on look of turnaround

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Craig Realty Seeks Way Forward on Marblehead Retail

REAL ESTATE: Wants out from SunCal ties on Plaza San Clemente

Craig Realty seeks way forward on Marblehead retail

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More to Story on $12.5M Discount in Corona del Mar

Unique Décor, Deferred Maintenance Key Factors

Local nabs $7.5M bargain on mansion, in Luxury

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Corinthian’s Other Challenge

School Operator Managed Dramatic Reduction in Turnover Amid Rugged Year for Industry

Corinthian Colleges reduces turnover amid rugged year

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Asset Class Act

TECHNOLOGY: Newport Beach firm leads pack on new tech trend

Acacia leads pack in new tech trend

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Zarlink Urges Nix on Microsemi Bid

Aliso Viejo-based chipmaker Microsemi Corp.’s hostile bid for Zarlink Semicon-ductor Inc. in Ottawa, Canada, has hit more resistance.

CALENDAR - September 6-14, 2011

A listing of events happening all around Orange County.

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No Drama Seen for Taco Bell Marketing

RESTAURANTS: Draftfcb looks solid as Ovens plans to depart

Taco Bell will stick with Draftfcb Orange County

Apria ‘On Track’ With Acquisition Despite Q2 Loss, Transition

HEALTHCARE: Some snags on return of billings, collections

Apria on track with digesting new acquisition

Monarch Sale of Doctors’ Group Latest in Consolidation Trend

HEALTHCARE: Most of 2,300 specialists here; set for Optum

Monarch sale latest in consolidation trend

Yu Joins Business Journal to Cover Finance, Professions, Manufacturing

Jane Yu has joined the Orange County Business Journal

Pacific Mercantile Meets Capital Requirement

FINANCE: Stock sale boosts equity, meets regulator’s order

Costa Mesa-based Pacific Mercantile Bank has raised $11.2 million in a stock sale

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Applied Cardiac Gets FDA Approval for Core Heart Monitor

FDA clears Applied Cardiac’s Core device

Local Sector Holds Up as Safe Haven Amid Market Turmoil

HEALTHCARE: Big hit, some misses punctuate steady growth

OC healthcare companies generally steady

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Pizzeria Mozza, Freshii Arrive; Fleming’s Wine Deal

Asada in Laguna, Broadway Coming; Il Fornaio’s Charm

Fifi Chao profiles Pizzeria Mozza, Freshii, more

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Broadcom Talks Up Apple Ties in Wake of Jobs’ Move

Exception to Tight-Lipped History on Key Customer

Broadcom talks up Apple ties, in Technology

Thursday, September 1

OC Automakers Report August Sales Gains

Orange County-based automakers reported robust August sales even as the pace of remained sluggish nationally amid shaky consumer confidence.

Applied Cardiac Gets FDA Approval for Core Heart Monitor

Laguna Hills-based medical device maker Applied Cardiac Systems Inc. has received regulatory clearance for a new product.

Quiksilver Profit, Sales Up From Year Ago

Huntington Beach-based Quiksilver Inc. continued to see improvements on profit and revenue during the three months through July.

Zarlink Board Urges Shareholders to Reject Microsemi Bid

Irvine-based chipmaker Microsemi Corp.’s hostile bid for Ottawa-based Zarlink Semiconductor Inc. has hit more resistance.

Wet Seal August Sales Up, Teen Division Leads

Foothill Ranch-based mall retailer Wet Seal Inc. reported higher than expected August sales resulting from a strong back-to-school performance by its namesake teen division.