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Updated: 7/3/2008 11:54:25 AM
Bad News Sends Jitters Through Execs' Q3 Outlook
Falling home and stock prices, high fuel costs and inflation have local executives spooked about the new quarter.
Garden Grove Hospital Sale Wraps Up
The $41 million sale of Garden Grove Hospital and Medical Center by Tenet Healthcare Corp. to Prime Healthcare Management Inc. has wrapped up.
TriZetto Cleared for Shareholder Vote on Acquisition
A Delaware judge has cleared Newport Beach-based healthcare software maker TriZetto Group Inc. to hold a July 14 shareholder vote on its acquisition by a private equity firm.
Condos Near Completion, But Will There Be Buyers?
Skyline at MacArthur Place, the twin condominium towers developer Nexus Cos. is putting up in its hometown of Santa Ana, is expected to wrap up construction by September.
Networking Device Maker Lantronix Restructures
Shares of Irvine-based Lantronix Inc., a maker of networking gear, slumped on Wednesday after the company said it’s set to start an overhaul of its business.
Billabong Buys San Diego Skateboard, Clothes Maker
Irvine’s Billabong USA has bought a San Diego maker of skateboards and related clothing.
Seller of Fresh, Frozen Strawberries Sold
Placentia-based Sunrise Growers Inc., a seller of fresh and frozen strawberries, has traded hands among private equity firms.
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Dow's Bear Market Run Spells Trouble For Wall St.
With the Dow sliding into a bear market on Wednesday, the dark days on Wall Street are far from over, amid record oil prices, struggling consumers and the never-ending credit crisis. |
Service Sector Shrinks Unexpectedly
The U.S. service sector shrank unexpectedly in June, according to a report released on Thursday, while inflation pressures soared to a record high for the survey's 11-year history. |
Economy Likely To Shed 60,000 Jobs In June
The economy likely suffered its sixth consecutive month of job losses in June as the worst housing slump in generations and ongoing stress in manufacturing and banking discouraged businesses from hiring. |
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