Paul Hughes

Web & Data Editor/Reporter

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

Recent Stories

If You Rebuild It, They Will Come Back

30-Year-Old Restoration Contractor Makes It New

When you visit the newly redesigned, renovated, redone, and more than lightly refreshed Anaheim headquarters of American Technologies Inc., ask to use the restroom.

Cooking Up Healthy, Deliverable Food

Sibling Owners Lean In On Ready-to-Eat Meals

Sister-and-brother owned, ready-to-eat food-maker and deliverer Fresh n’ Lean in Anaheim is bringing some of the best sales growth of any area food company.

Coloring Bikes Red, White, Blue; 9,997 Other Hues

Electric Models Made In Orange County, USA

Electric Bike Co. in Newport Beach has an update on Henry Ford’s dictum, “Any color you want, as long as it’s black.”

Midday Stock Roundup

The S&P 500 rose 0.5% in midday trading to 2,995.05.

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UCI Names Andriola IT Chief

University of California-Irvine named Tom Andriola its vice chancellor of information technology and data, a new position.

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Two Public Engineering Firms: Triple-Digit Growth

Big Firms Hit High Notes; Salas O’Brien Up 311%

Engineering firms with operations in OC posted 13% growth to $1.2 billion in local annual billings—and only about a third of that expansion came from the perennial big three.

New No. 1 Among Local Architects in Strong Year

17 Firms See Double Digit Growth; List Tops 8% Up

A strong year for architecture firms may or may not presage more development and construction in the not-too-distant future, but it definitely altered the upper echelons of the Business Journal’s list of top local shops ranked according to OC office billings for 12 months ended June 30.

Angels In Action

Pujols Combat Human Trafficking

Where to begin? That’s one thing Deidre Pujols didn’t know when she first encountered human trafficking: how to help the tens of millions of people, often children, violated in terrifyingly intimate ways, daily and worldwide.

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Midday Stock Roundup

The S&P 500 rose 0.8% in midday trading to 2,930.27. (continue reading)

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PacLife New No. 1 for Local Corporate Giving

Also Up: Edwards, Angels, Broadcom, Sunwest

Newport Beach-based Pacific Life Foundation, affiliated with the largest private company headquartered in OC, Pacific Life Insurance Co. with $10.7 billion in annual revenue, is the biggest cash giver locally, at $4.7 million.

Former PIMCO Exec Counting Heads, Telling Tale

Mission Up Founder Consults To Charities, Companies

Sarah Middleton is not knowingly related to Kate Middleton, Duchess of Cambridge, who one day may be Queen of England.

Allied Buys Again

Santa Ana-based Allied Universal bought Wyoming, Mich.-based Midstate Security on undisclosed terms.

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Midday Stock Roundup

The S&P 500 rose 0.6% in midday trading to 2,885.69. (continue reading)

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Midday Stock Roundup

Markets rallied in midday trading after last week’s declines with major indexes rising about 1% apiece. (continue reading)

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Midday Stock Roundup

Stock indexes fell as China said it would impose tariffs on more U.S. products and President Trump told U.S. firms to look for alternatives to doing business in China. (continue reading)

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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 2,924.84. (continue reading)

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Parcel Pending: New President

Irvine-based Parcel Pending named former Greenwave Systems CEO Greg Memo its president, replacing Brad Farmer.

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Midday Stock Roundup

After a brief market rally yesterday following the Trump Administration’s decision to suspend new tariffs on some China-sourced goods—originally scheduled to take effect Labor Day weekend—markets plunged today as yields on the 2-year Treasury bond briefly rose above that of the 10-year note in early trading.

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El Pollo Loco Adds C-Suite Legal

Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) named Jason Weintraub its Chief Legal Officer, a new position.

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The New King at Taco Bell

Just-Hired CEO Boosted Sales at Adidas, TaylorMade

Taco Bell’s new chief executive has his own website.

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Creed to Retire; Gibbs In

Greg Creed will retire as chief executive of Yum Brands Inc. (NUSE: YUM) Jan. 1 and be replaced by David Gibbs, current president and chief operating officer of the Louisville-based fast food franchiser of KFC, Pizza Hut and Taco Bell.

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Tech Coast Angels: More Active, More Money, More Reach

Membership, Funding Up; 17 New Portfolio Firms

Tech Coast Angels invested nearly $14 million in 28 deals in Southern California through June, its highest first half-year commitment ever and including 17 new companies funded.

Midday Stock Roundup

The S&P 500 was down 0.5% in midday trading to 2,868.81. (continue reading)

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Growing Law Firm Hits Irvine

San Diego-based civil litigators Tyson & Mendes have opened an OC office in the Irvine Business Complex under managing partner Richard Somes.

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Habit Heads East, Farther East

Irvine-based Habit Restaurants Inc. (Nasdaq: HABT) signed deals to add 32 locations in new territories for the fast casual burger chain—New England and Cambodia.

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PeopleSpace Aims Big With New Name, Investor

DESIGN: Furniture firm reshapes: $200M goal

Jesse Bagley’s been in OC’s design-build industry for a quarter century, but he’s good with few knowing his name.

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Midday Stock Roundup

The S&P 500 inched up 0.1% in midday trading to 3,016.23.

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JD Power Sold

Costa Mesa consumer data company J.D. Power was bought by private equity investor Thoma Bravo, in Chicago, on undisclosed terms.

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Del Taco Shares Down on Same Store Miss

Del Taco Restaurants Inc. (Nasdaq: TACO) shares fell 8% after reporting second quarter same store sales that missed analysts’ expectations.

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Power Foods

Chipotle, Gains, Newbies Spark Restaurant Surge

The largest Orange County-based restaurants saw their best-ever year for cumulative sales in 2018, thanks to improving same-store sales, expansions, and one very high-profile relocation here.

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BJ’s Revenue Up, Earnings Down

BJ’s Restaurants Inc. (Nasdaq: BJRI) in Huntington Beach reported net income of $14.2 million, down about 17%, on revenue of $301.1 million, up nearly 5%, in its second quarter, compared with the same period last year.

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UCI Joins Yale, Others in Preparing Vets

University of California-Irvine will hold a week-long humanities ‘boot camp’ in August for 15 veterans of the armed forces preparing for college.

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Concordia Names Education Dean

Concordia University in Irvine named Kent Schlichtemeier dean of its school of education, effective July 1, to replace Deborah Mercier, who is retiring.

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Chipotle Q2 Tops Analysts’ Expectations

Newport Beach’s Chipotle Mexican Grill Inc. (NYSE: CMG) reported second quarter revenue and adjusted profit that beat analysts’ consensus estimates.

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Great Park Developer to Issue $125M Debt

Five Point Holdings LLC plans to issue via two of its units $125 million in senior notes paying 7.875%.

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Glaukos Licenses Eye Care Tech

San Clemente-based Glaukos Corp. (NYSE: GKOS) licensed technology from Intratus Inc. in San Diego to develop and sell new eye care drugs.

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Bruxie Bids to Restart Growth

RESTAURANTS: Looking to double in size

A danger of doing well at one thing is doing well at one thing.

Nékter Adds Catering, Grocery Sites

FOOD: Juice bar near $100M sales, 150 units

People may not always want to eat their fruits and veggies, but they’re increasingly drinking them.

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Remediation Firm Adds Execs

American Technologies Inc. in Anaheim named several new executives.

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Iteris Gets $3M

Santa Ana-based Iteris Inc. (Nasdaq: ITI) received $2.95 million, part of a five-year, $19.5 million contract to help build “intelligent transportation systems” for the Federal Highway Administration.

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Overwatch League Expands Travel Plans

Blizzard Entertainment’s eSports league, based on its Overwatch franchise, will expand its travel schedule next year, its third season, to include two weekends of homebased gaming competitions each of its 20 teams in six countries.

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Midday Stock Roundup

The S&P 500 declined 0.3% in midday trading to 2,994.32.

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Walters to B. Riley Board

Former U.S. Congresswoman Mimi Walters has been named to the board of B. Riley Financial Inc.

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Bean Counters

RETAIL: Philz, Urth Latest of 20 Java Options in Orange

The country may need a good 5-cent cigar, but what the county really needs—based on activity in the city of Orange—is more $5 cups of coffee.

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Midday Stock Roundup

The S&P 500 was up 0.6% in midday trading to 2,996.43.

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Budget Blinds Franchiser Bought

Irvine-based Home Franchise Concepts was purchased by JM Family Enterprises Inc. in Deerfield, Fla., on undisclosed terms.

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Yogurtland Expands in SE Asia

Yogurtland signed a multiunit deal with a franchisee to enter Indonesia; the frozen dessert chain already has locations in the region in Australia, Myanmar, Singapore and Thailand.

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From Big to Bigger: Private Cos. Grow 7.3%

ECONOMY: $102B of sales for largest operators

The large are getting larger—sometimes much larger—in this year’s snapshot of the biggest private companies in Orange County.

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Midday Stock Roundup

The S&P 500 was up 0.7% in midday trading to 2,947.19.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,915.61.

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