Pacific Premier Bancorp., which is the largest bank headquartered in Orange County, agreed to sell itself for $2 billion to Columbian Banking System Inc. in Washington state. Columbia Banking, the parent company of Umpqua Bank, will acquire Pacific Premier Bancorp Inc. in an all-stock transaction (Nasdaq: PPBI). The combined company Read More
April 11 RETAIL Irvine-based Boot Barn Holdings Inc. (NYSE: BOOT) dropped 3.5% to $95.50 with a market cap of $2.9 billion. Stocks of the footwear maker has been hammered by investors worried about Pres. Donald Trump’s imposition of tariffs. RESTAURANTS El Polo Loco Holdings Inc. (Nasdaq: LOCO) declined 1.9% to Read More
April 9 MEDTECH Shares of medical device maker Masimo Corp. (Nasdaq: MASI) are down 3.4% to $140.15 apiece with a market cap of $7.6 billion. Medtech stocks tumbled across the U.S. today as China tariffs went into effect. Investors are concerned over supply chain disruptions and added costs. During its Read More
Sandra Beaver has promised investors that Evolus Inc. will triple revenue to $700 million by 2028. To reach that goal, the Newport Beach maker of facial injections would need an annual compounded annual growth rate (CAGR) of 27%. Thus far, it’s well above that CAGR as sales climbed 32% to Read More
After Charlie Zhang accepted his Business Journal award for Excellence in Entrepreneurship on March 20, he told the crowd, “God bless America.” It was a statement that combines two factors that Zhang believes helped him achieve success: the United States and God. Zhang grew up in Shanghai, where his family Read More
Orange County’s unemployment rate fell to 3.9% in February from a revised 4.1% in January and unchanged from February last year, according to the state’s Employment Development Department. The state’s unemployment rate of 5.5% was unchanged from January and up from 5.1% a year ago. The U.S.’s was 4.5%. Nonfarm Read More
March 28: MEDTECH: Shares of Irvine-based Beta Bionics (Nasdaq: BBNX) decreased 7.4% to $11.75 with a market cap of $508.7 million. The Irvine-based maker of an automated insulin delivery system for people with type 1 diabetes reported this week a net loss of $54.8 million for 2024 on top annual Read More
