Emulex Corp. posts record fourth quarter Emulex...

Emulex Corp. posts

record fourth quarter

Emulex Corporation, a Costa Mesa data storage company, announced

what the firm described as record financial results Friday.

Emulex released data from its fourth fiscal quarter, which ended

July 3. Quarterly revenues were $108.2 million, up 25% from last

year’s figures, according to a statement. The firm reported a

$25.3-million profit for the quarter. Emulex’s reported loss for the

same quarter in 2004 was $572.9 million.

The company reported having net cash and investments of $289

million, an increase of $158 million from 2004 figures.

William Lyon sees record home orders

William Lyon Homes, based in Newport Beach, reported

second-quarter financial figures Monday.

The company reported a quarterly profit of $44.1 million, a 42% increase for the same quarter in 2004. Home sales revenues dipped

slightly to $362.1 million, a 1.4% decrease from 2004.

The company also reported quarterly records for net new home

orders, with 1,154 orders. William Lyon also had its highest-ever

backlog of home sales that had not closed by the end of the quarter,

with a figure of 2,088 homes.

Voit Development

buys Hyland Plaza

The Voit Development Co. announced Wednesday it had taken

ownership of Hyland Plaza, a Costa Mesa office building. Voit plans

to redevelop the 46,957-square-foot Hyland Avenue building into

office condominiums, according to a release.

Voit plans to sell 1,000- to 4,000-square-foot office

condominiums. A release from Voit stated the building had been vacant

for two years. Before that, it was used by Unocal Corp. The building

is set to be managed by Voit’s Chris Cussen, and the building is

expected to be ready for office use by January.