Midday Stock Roundup: Eledon Falls 3.5%
Shares in Irvine-based Eledon are down after reporting second quarter net loss widened to $31.6 million, from $11.2 million a year earlier.
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Ducommun to Present New 5-year ‘Road Map’
Will also review progress on current plan at conference
Taco Bell Brand Chief Leaves for Jack in the Box
Montgomery spent more than a decade at Irvine-based Taco Bell
Rivian Spinoff Also Raises Another $150M
“Whether a vehicle is driven or autonomous, the need to solve for congestion and cost per trip doesn’t change. This is exactly why we started Also — to deliver well designed, intelligent small vehicles better suited for today’s urban and suburban centers. I am thrilled by the incredible support of our partners and our ability to fast-track the development of our autonomous vehicle platform,” Chris…
Renata Raises $25M in Series D Round
Funding to support wider U.S. rollout of pediatric heart stent.
AEON Reports New Data on Botox Biosimilar
Scheduled FDA meeting before year end.
Corona del Mar Retail Property Sells for $13.7M
A family-owned retail property on Pacific Coast Highway in Corona del Mar sold for $13.7 million, $700,000 over asking. Shops at CDM LLC, led by local broker and investor Phil Berry, bought the 13,883-square-foot multi-tenant property at 2515 E. Coast Highway, near The Bungalow steakhouse, from Poole Properties Inc. Nathan Holthouser of Coastal Commercial and […]
Alliant Insurance to Acquire Nava Benefits
Orange County’s largest insurance broker adds AI-powered employee benefits platform
Anduril Says Unmanned Fighter Jet’s Second Exercise Completed
With Air Force’s Experimental Operations Unit
Irvine Company Reports Strong Orange County Office Leasing
Irvine Company announced that its Orange County office portfolio is 90% occupied, even as the broader office market faces challenges. Over the 12 months ending June 30, the company leased 11 million square feet across its national portfolio, which is almost 10% more than last year, the Newport Beach-based real estate giant said. Company officials […]