MANUFACTURING
Edwards Makes $100M Acquisition
CAS Medical’s technology “provides an important indicator of oxygen levels in the brain, which can enhance clinician decision-making,” said Katie Szyman, Edwards' corporate vice president, critical care, in a statement.
NextGen Q3 Profit Beats Estimates
NextGen Healthcare Inc. (Nasdaq: NXGN), the biggest publicly traded health care software provider based in Orange County, reported fiscal third quarter adjusted profit of 18 cents, which topped analyst expectations of 15 cents.
China Carmaker Setting Up in OC
AUTOMOTIVE: Joins Zotye, Karma
Add GAC Motor to the growing cadre of Chinese automakers establishing operational hubs in Orange County.
Spectrum Pharma to Sell Drug Portfolio
Spectrum Pharmaceutical Inc. (Nasdaq: SPPI) said today it has sold its portfolio of seven FDA-approved hematology/oncology products to Acrotech Biopharma LLC for up to $300 million.
Chip Switch: Skyworks Expands Local Ops
REAL ESTATE: Takes over former Broadcom office near UCI
Skyworks Solutions Inc., Orange County’s third largest maker of computer chips by local employee count, appears poised to significantly expand its operations after striking a large lease near its existing Irvine offices.
Edwards, Boston Scientific Reach Deal
Shares of Edwards Lifesciences Corp. (NYSE: EW) climbed after the largest publicly traded company based in Orange County reached a settlement with rival Boston Scientific Corp. (NYSE: BSX).
Mitsubishi Nabs CMO From Kia
Cypress-based Mitsubishi Motors North America has named Kimberley Gardiner as vice president and chief marketing officer.
Hybrid Apparel Names CEO
Bill Hutchison has been named chief executive of Cypress-based Hybrid Apparel, effective Jan. 14.
Auto Sales: Monthly Strength, Mixed Year
Three of five OC automakers posted strong a strong month to close a generally down 2018 for local manufacturers.
Mazzo Criminal Case Dismissed
“Mr. Mazzo, you must be very happy.”
No Mazzo Deal Yet
Late Tuesday, Judge David Carter ordered a second hearing, set for Thursday, before he will sign off on James Mazzo’s agreement with the Securities and Exchange Commission to settle insider trading charges.
November Auto Sales Mixed
OC’s automakers reported mixed sales results in November.
Skyworks Shares Down on Guidance
Shares of Skyworks Solutions Inc. are down after the chipmaker provided December quarter revenue and earnings targets below Wall Street expectations.
Alteryx Q3 Revenue Up
Alteryx Inc. reported revenue increased 59% year-over-year to $54.2 million while posting a narrower loss of $244,000, compared to a loss of $3.3 million in the same period a year ago.
AVD Sales, Income Up
Newport Beach-based American Vanguard Corp. (NYSE: AVD) reported third quarter sales climbed 24% to $111.8 million while net income jumped 60% to $6.5 million.
