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08/04/2008-08/10/2008
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PPH Touting High-Tech Plans For Future Hospital
Before the “hospital of the future” debuts in Escondido, Palomar Pomerado Health is tinkering with tomorrow’s technologies. |
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Builders Group Opposes Recent Bank Lending Practices
Mick Pattinson, the embattled chief executive of Barratt American Inc., has joined forces with more than 30 fellow contractors from as far away as Medford, Ore., to convince banks to restore lending lines that have been shut down as the housing crisis has worsened. |
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Nightclub Owner Unloading 2 Venues
James Brennan, a 35-year-old, bootstraps entrepreneur who founded EnDev LLC, a company that launched several nightclubs in rapid succession in recent years, is in the process of selling one and has another one on the block. |
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Simplifying the Internet
Chumby Industries Inc. intends to reduce the clutter of the Internet. The Carmel Valley-based, venture-backed startup sells a wireless device about the size of a grapefruit called the Chumby, which delivers simple “widget” applications such as the latest baseball scores, Internet radio or Weather Channel updates through an always-on Wi-Fi connection. |
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Updated: 8/7/2008 3:08:05 PM
AMN Enjoys Healthy Growth
AMN Healthcare Services Inc., a San Diego nurse staffing firm, reported Aug. 6 second-quarter net income of $9.4 million, up 4 percent compared with the like quarter of 2007.
ViaSat Earnings Boost Stock
The Carlsbad satellite and wireless communications company, ViaSat Inc., posted a 50 percent increase in profits last quarter which has boosted its stock by more than 12 percent, since posting its quarterly earnings after the close of markets Aug. 4.
Illumina Makes $300M Stock Move
Genetic analysis company Illumina Inc. said Aug. 7 it will offer 3.5 million shares of its stock to the public for $87.50 a share. Illumina estimated the offering would provide the company with approximately $300 million.
Kratos Reports Lower Earnings
Kratos Defense and Security Solutions Inc. reported Aug. 6 that it had second quarter net income of $800,000, compared to net income of $4.2 million for the like quarter of 2007.
Sempra Reports Earnings for Latest Quarter
Sempra Energy, parent of San Diego Gas & Electric, reported Aug. 7 second quarter net income of $244 million, or 98 cents per diluted share, compared to net earnings of $277 million or $1.05 per share in the like quarter of 2007.
Controversial Sunroad Tower Signs First Tenant
The Sunroad Centrum office tower in Kearny Mesa — which had its grand opening delayed by numerous stop work orders in 2006 and 2007 due to federal aviation officials’ concerns about its height — has signed its first tenant.
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Visual Artists Can Power Up in Carlsbad
He’s got a ticket to a ride … Barry Robbins, a partner in Chicago Bros. Pizza, Milton’s Deli in Del Mar and Milton’s Breads, has collected classic and exotic autos — such as his 612-horsepower Maybach 57S — for years. With so many classic and exotic cars around, he opened Arrive Like Royalty, which has motored “auto-ficionados” around the U.S. Open, the races at Del Mar and Comic-Con. |
London Column to Now Appear in the Business Journal
Gary H. London, a noted real estate economist and expert whose client list includes banks, businesses, developers and public agencies, brings his column to the Business Journal on a semimonthly basis beginning with the Aug. 18 issue. |
Nonprofit Biocom Institute Sets Up Shop
A program dedicated to raising awareness of the life sciences gained nonprofit status July 30. |
Union-Tribune on the Block
Copley Press Inc., the San Diego parent firm to The San Diego Union-Tribune, said July 24 that it hired an investment banking firm to sell the company. |
Sempra Chooses Nevada for First Solar Power Project
Sempra Generation, a subsidiary of Sempra Energy, said July 24 that it will develop the company’s first solar energy project. |
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