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Los Angeles-based Tomorrow’s Morning Inc. reported fiscal second-quarter net loss of $3.0 million, or $1.07 per share, compared to an after-tax loss of $337,000, or 28 cents, a year ago.

* Irvine-based apparel designer Mossimo Gianulli is selling a five-acre site where he had planned to build a home overlooking Newport Harbor, and has his ultramodern Laguna Beach home on the market as well. Gianulli paid $10 million 18 months ago for the property, which is on one of the last big stretches of undeveloped coastal hills in Southern California. He listed it last week for $12 million, according to his real estate agent. A few miles down the coast in Laguna, his home has been on the market for $3.5 million for several months.

* Chatsworth-based MRV Communications Inc. reported fourth-quarter net income of $7.1 million, or 25 cents per diluted share, compared with $1.7 million, including acquisition charges, or 7 cents, a year ago.

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