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Orange County Business Journal articles

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Recently added articles from Orange County Business Journal:

John Laing Speculation: Sale? Return of Webb?

Feb 09, 2009; ... REAL ESTATE: Stalled projects, restructuring, talk of what's next Stalled projects and restructuring have spurred speculation about the fate of Irvine-based homebuilder John Laing Homes. Some possible scenarios, according to industry sources are: * A sale of John Laing by ...

Former Volvo Executive Courts Dealers at Fisker

Feb 09, 2009; ... AUTO: About 30 dealers on board; sedan, sports car due out next year Irvine's Fisker Automotive Inc. is backed by a top-notch designer from BMW AG and Aston Martin and has a buzz surrounding its sexy, environmentally friendly luxury cars. But the upstart automaker's greatest ...

OC's Baseball Owner; Sanchez Against Bailout Before She's For It

Feb 09, 2009; ... Part-time Newport Beach resident Jeff Moor ad's deal to buy the San Diego Padres means there again will be a baseball owner with a home in OC. The Angels' owners always have been out-of-towners - Gene Autry, Jackie Autry and Disney, all based in L.A., and Arte Moreno, who has homes in La Jolla ...

Noodle Co. Execs To Restart Plant in Irvine

Feb 09, 2009; ... We got some things wrong in our Jan. 26 story "Noodle Maker Takes Over Local Plant." The story should have said that IHOI Inc., a newly formed company that plans to produce instant noodles and soup bases for local buyers, leased a 155,805-square-foot building at 14524 Myford ...

Smaller Roth Conference Plans To Party On

Feb 09, 2009; ... FINANCE: Attendees focus on existing fonds, expect good time The party isn't over for Newport Beach-based investment bank Roth Capital Partners LLC. But it definitely won't be as raucous this year at the company's annual growth stock conference. The event, held at the ...

Allergan Hunkers Down for Tough '09, Analysts Mixed

Feb 09, 2009; ... HEALTHCARE: Company lowers guidance, cuts staff, holds R&D David Pyott, the Scottish chief executive of drug maker Allergan Inc., likes to say that cautious frugality is in his blood. Wall Street analysts know this first hand, as they've seen Pyott guardedly lower ...

Seafood Chain Opens Plant, Plans Casual Eateries

Feb 09, 2009; ... RESTAURANTS: King's Seafood sees plant helping in tough times Costa Mesa-based restaurant operator King's Seafood Co. has big plans as it navigates the worst industry downturn in recent memory. The company, which generates more than $80 million in yearly revenue, owns and runs ...

Medical Scanning Cos. Set To Gain from Medicare Decision

Feb 09, 2009; ... Federal Insurers Eye Expanding Coverage of Initial PET Scans for Cancer Treatment Two Orange County medical scanning companies are hoping a possible decision by Medicare to expand coverage will bring more business for them. The Centers for Medicare and Medicaid Services said last ...

Wanted: Best Places to Work for Inaugural Business Journal List

Feb 09, 2009; ... The Business Journal is producing its first list of the best places to work in Orange County in 2009. The list is set to appear in September as part of a special report covering employers that made our ranking. We're now in the process of soliciting employers to take part in our ...

Fletcher Jones' '08 Sales Beat Mercedes-Benz Average

Feb 09, 2009; ... Albertsons President to Speak at March Event; South Coast Boutique to Sell Espresso Makers MAR KEIPIACE Fletcher Jones Motorcars in Newport Beach finished at the top of a much shorter heap in 2008. Fletcher Jones, Mercedes-Benz's top dealer and the largest auto dealer in ...

AROUND THE COUNTY

Feb 09, 2009; ... Projects, developments and other activity in cities in and around OC BREA Los Angeles-based Mercury General Corp., which has its technology and human resources headquarters in Brea, has begun construction on a parking structure at the corner of Imperial Highway and Berry Street ....

Two Surf Magazines Cut Print Editions, Focus on Web

Feb 09, 2009; ... KOCE's 'Real Orange' Cuts Budget, Shows, Staff; Innovate Unveils Web Video Ad Tracker MEDIA & MARKETING Huntington Beach-based Surfline/Wavetrak Inc. ended publication of its quarterly Surfline's Water magazine with its fall issue to focus on its Web site and social ...

Microsemi Audits, Supports Peterson in 'Diplomagate'

Feb 09, 2009; ... Software Startup Sendio Raises $3M in Venture Funds, Plans to Beef Up Sales, Marketing TECHNOLOGY Microsemi Corp.'s Chief Executive Jim Peterson, who's run the Irvine-based chipmaker for nearly a decade, has been having a tough go these past few months. The company, which ...

UCI Set to Receive $3.3M Grant for Stem Cell Research

Feb 09, 2009; ... Allergan, Lindora, Curves Team Up to Target Lap-Band Patients; FDA Approves AMO Lens HEALTHCARE The University of California, Irvine, is tout- ing a $3.3 million grant it's slated to receive from the state as a way to boost its training pro- gram for stem cell ...

Land Buyers Look for Opportunities as Building Slows

Feb 09, 2009; ... REAL ESTATE: Big developers hold underdeveloped land for now Opportunistic investors are looking for a way to profit from Orange County's tough housing market. But it still may take a while to see a big local deal completed, according to market watchers. Land owners, ...

EXECUTIVE SUMMARY

Feb 09, 2009; ... This past week's news from www.ocbi.com and other sources TOP STORIES Irvine heart valve maker Edwards Lïfesciences Corp. posted a fourth-quarter profit before charges of $45.2 million that topped Wall Street's expectations. Analysts expected Edwards to see $44. 1 million in ...

Builders See 34% Drop in Home Sales, Condos Fare Better

Feb 09, 2009; ... Orange County's shrinking homebuilding industry saw its third consecutive year of declining sales in 2008, resulting in the slowest year the local industry's seen in a while. The county's 30 largest homebuilders sold 1,900 new homes and condominiums in 2008, a 24% decline from a year ...

Shopoff Fund Closing on Two Distressed Land Deals

Feb 09, 2009; ... Paul Frank Cuts Way Back on HQ Space; Duke Realty Closes 4 Offices, 1 in Newport Beach REAL ESTATE RESIDENTIAL Irvine's Shopoff Properties Trust Inc., a new real estate investment trust that's looking to buy raw land for housing developments, is starting to make some ...

Commercial Real Estate Construction Grinds to a Halt

Feb 09, 2009; ... Commercial real estate construction ground to a halt in the fourth quarter, declining across all building types. There were seven commercial buildings under construction in the fourth quarter, for a total of more than 509,000 square feet. As a comparison, 41 commercial buildings ...

REVIEW

Feb 09, 2009; ... Harlem Globetrotters at Honda Center, Anaheim Saturday shows at 1 p.m., 7 p.m. Tickets $16 to $155 The Harlem Globetrot- ters have all the showman- ship of the Los Angeles Lakers, without the arro- gance of Kobe and the boys. And they've got bet- ter uniforms. The Globe- trotters, now in ...