Stories for April 2005
Friday, April 29
San Diego-based Amylin Pharmaceuticals Inc. and its pharmaceutical partner, Eli Lilly & Co., announced April 29 that the Food and Drug Administration approved its diabetes drug exenatide for treating Type 2 diabetics.
The San Diego County Water Authority board on April 28 approved an agreement with the city of Carlsbad on a plan to develop a $270 million regional seawater desalination plant at the Encina Power Station in Carlsbad.
James C. and Gale Krause have pledged $1 million to the University of San Diego School of Law.
Thursday, April 28
San Diego County Credit Union, the area's largest credit union with more than $2.5 billion in assets, was named the title sponsor of the Poinsettia Bowl, the new post-season college football game set to debut at Qualcomm Stadium on Dec. 22.
Titan Corp., the San Diego-based communications defense contractor, reported net income of $19 million on revenues of $559 million for the first quarter, compared to net income of $3.1 million on revenues of $454 million for the like period of 2004.
Shares of Avanir Pharmaceuticals Inc. rose 6.04 percent in early morning trading April 28 after the San Diego-based biotechnology company announced it landed a multimillion-dollar partnership deal with Swiss drug maker Novartis AG to try to develop oral d
San Diego City Councilman Scott Peters was unanimously elected to lead the transition to the strong mayor form of government approved by voters in November 2004.
San Diego-based advertising agency owners Tom DiZinno of DiZinno Thompson and Michael Mark of NYCA have announced the two firms will merge.
Applied Micro Circuits Corp., the San Diego-based maker of high-speed chips used in telecommunications network systems, reported a net loss of $5.3 million on revenues of $64.2 million for its fourth quarter ended March 31.
Wednesday, April 27
Memec, a global distributor of semiconductors that moved its headquarters from London to Carmel Valley two years ago, agreed to be acquired by Avnet Inc. in a deal valued at $676 million.
The median price of an existing home sold in San Diego County , including condominiums, town houses and detached housing , continued to slide in March to $490,000 from $495,000 in February.
Tuesday, April 26
The San Diego Association of Governments has selected seven members for the Independent Taxpayers Oversight Committee, a group tasked with monitoring and evaluating the association's use of $14 billion in new TransNet sales tax revenues.
Monday, April 25
Timothy Wollaeger, 61, managing director for the top-tiered venture capital firm Sanderling in San Diego, prides himself on two things: His medals from local ocean swim competitions and having a sense of humor.
Sean Gailey has taken his passion for computer gaming and tapped into an apparel market that until now has been virtually untouched by other U.S. companies.
Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: Paul S. Metsch
Seventeen years ago, Karen Krasne opened Extraordinary Desserts on Fifth Avenue near Balboa Park. Her enterprise has since grown into a 165-seat operation, with offshoot businesses.
Dan Sbicca, 47, was working as a San Diego stockbroker when he finally had to admit to himself how much he hated it. Next thing he knew, he was working for $8.50 an hour as a line chef at Pacifica Del Mar in 1990 and, by 1998, he had climbed to the positi
San Diego has proven to be fertile , and mostly lucrative , territory for newly chartered financial institutions. From 2000 to 2004, 15 banks were started in San Diego County. That represents 25 percent of all de novo banks formed in California during tha
H.G. Fenton recently expanded its apartment portfolio, acquiring Evening Creek and Creek View apartment communities in Sabre Springs for $71.5 million.
A key vote Monday may have hurt San Diego's chances of landing the headquarters of California's stem cell institute, according to San Diego officials.
San Diego-based Vical Inc. announced last week that it has started testing an experimental vaccine for West Nile virus in healthy adults.
When Doug Williams took over his grandfather's storage and trucking business more than 20 years ago, the company's warehouse was loaded with old-line goods such as steel and tires. But he saw a future in something his grandfather never imagined: storing b
Assemblywoman Karen Bass didn't start out with the intention of going to Sacramento. But now that she's there, Bass is among the Democratic legislators taking on Gov. Arnold Schwarzenegger's agenda to "blow up the boxes" of state government.
Manchester Financial Group Inc., headed by real estate mogul Doug Manchester, plans to build the Grand Del Mar, which could be the last luxury resort built near the county's coastline.
Smaller public relations agencies are beginning to dispel the common myth that bigger is better.
Question: I made a mistake with one of my clients. I said I was sorry and let them know it would never happen again. Now what?
Orange, Los Angeles and San Diego counties are as much rivals for visitors as they are partners in promoting Southern California as a fun zone of theme parks, beaches and shopping.
Like a couple of thoroughbreds sprinting toward the finish line at the Del Mar racetrack, the statewide competition to land the headquarters of California's new stem cell institute is hitting the final stretch.
The liquefied natural gas terminal Sempra Energy would like to build off Baja California near San Diego may one day become a North American point of entry for Russian natural gas.
Having so much money you just don't know what to do with it might not be your problem. But happy days seem to be here again for some businesses. Says one attorney, "It's a great time to be an M & A; lawyer."
San Diego Mayor Dick Murphy announced Monday that he plans to resign July 15.
In the quarter ended March 27, Qualcomm's net income was $532 million, or 31 cents per share, on revenue of $1.37 billion. That represented growth. But the company lowered its earnings forecast.
San Diego's nonprofit organizations play a crucial part in the city's economy, and many are established strictly to strengthen the economy and help entrepreneurs and small businesses succeed.
Two new tourism venues that are scheduled to come on-line next month may pass under the radar screen for leisure travelers. But as far as convention and meeting planners are concerned, the San Diego Wine & Culinary Center and Harbor Excursions' luxury meg
Caf & #233; Sevilla, a Fourth Avenue hot spot, is a success story with humble origins. Back in the late '80s, it was simply a social club for Spaniards in the community, with a tapas bar.
Awards give small business owners a measure of recognition.
Visitor numbers give a good idea of how Southern California's tourism markets stack up. But each city measures the figure in a slightly different way.
Finding an investment niche in the overcrowded financial services industry may be akin to discovering a clear lane on the freeway during rush hour, but Jim Wagner appears to have accomplished that feat.
What a difference two summers can make in the life of a young biotechnology company. Once-struggling Halozyme Therapeutics Inc. has gained FDA approval for its first product.
Sustainable Oceans: A Solution for the Seafood Business
San Diego got an early Christmas present last week when the organizers of the Pacific Life Holiday Bowl received approval to host a second college football bowl game.
Restauraunt ventures can have notoriously short lives. But four local restaurateurs , Dan Sbicca and his wife, Susan, Karen Krasne of Extraordinary Desserts and Eric van den Haute of Sevilla, Inc. , are beating the odds.
Friday, April 22
Cohu, Inc., a San Diego-based maker of testing equipment used by the semiconductor manufacturing industry, reported net income of $6.5 million on revenue of $44.4 million for the first quarter.
Attorneys and staff from the San Diego office of Baker & McKenzie LLP are volunteering for a day of service on April 30, joining Habitat for Humanity International to build homes at the San Pasqual Band of Indians reservation in Valley Center.
Community Bancorp, parent firm of Community National Bank in Escondido, announced signing a definitive agreement Friday to buy Rancho Bernardo Community Bank, with a single office and $113 million in assets, for about $33.2 million, or 2.8 times Rancho Be
The San Diego Regional Chamber of Commerce on Friday unveiled a plan to generate new revenue for the city's crumbling infrastructure. The chamber is proposing a $2 fee per day on all rental car transactions, and an increase in the real estate transfer tax
Thursday, April 21
National cable companies Time Warner, Inc. and Comcast Corp. have agreed to acquire Adelphia Communications Corp.
The state Senate Education Committee has approved a bill that would allow the California State University system, including San Diego State University, to go it alone in offering doctorate degrees in audiology, physical therapy and education.
San Diego's biggest running event, the Rock 'n' Roll Marathon, has a new title sponsor, Coca-Cola Zero, replacing the event's only other sponsor, Japanese car manufacturer American Suzuki Motor Corp.
Kenneth Noonan, 64, of Oceanside has been appointed by Gov. Arnold Schwarzenegger to the California Board of Education.
Wednesday, April 20
San Diego has a new post-season college bowl football game that will be played a week before the Holiday Bowl.
Remec Inc. said in its annual 10K filing that it plans to distribute between $150 million and $200 million to its shareholders following completion of the sale of its defense and space unit to Chelton Microwave.
Qualcomm Inc. pared its forecast for fiscal 2005 after the stock market closed Wednesday. Its stock slumped more than 5 percent in after-hours trading.
The Bay Area Council and the Bay Area Economic Forum issued a press release Wednesday calling on Dr. John Reed, president and chief executive officer of La Jolla's Burnham Institute, who is a member of the California Institute for Regenerative Medicine's
City of Carlsbad staff and the San Diego County Water Authority have reached a proposed agreement on a $270 million regional seawater desalination facility to be located at the Encina Power Station in Carlsbad.
Tuesday, April 19
Cymer Inc., the San Diego company that makes equipment to create microchips, reported net income of $5.39 million, or 14 cents per diluted share, on revenue of $84.8 million during the first quarter.
Six members of the eight-person site selection committee of the California Institute for Regenerative Medicine are expected to come to La Jolla on Sunday, May 1, to inspect the facility that San Diego officials hope will become the permanent headquarters
Sale prices for San Diego County apartment properties jumped a record 35 percent last year, according to the Burnham Real Estate annual apartment report.
Phoenix Footwear Group said Tuesday it plans to buy another apparel maker, Chambers Belt Co. of Phoenix, for a combination of cash and stock worth $21.5 million.
San Diego Gas & Electric Co. has filed a request with the California Public Utilities Commission to place solar panels on its roofs and other property to bolster the use of renewable energy resources in the San Diego region.
Synbiotics Corp., a Carlsbad-based maker of veterinary diagnostics and related products, said it is seeking shareholder approval to go private and deregister its stock from public trading.
Monday, April 18
When officials of the San Diego Unified Port District travel to Asia next month, they hope to bring back contracts from some of the California-bound shippers tired of waiting in line to unload at the clogged ports of Los Angeles and Long Beach.
Scott Garrett never got to meet Arnold Beckman. But the newly minted chief executive of the company Beckman founded some 70 years ago calls the late scientist and entrepreneur a role model.
At face value, a report that sales of hotels countywide were flat in 2004 doesn't sound encouraging for an overall real estate market many contend has peaked.
Middlebrow Vons is the latest supermarket chain to be spruced up in an effort to take a bite out of the business being generated by specialty grocers such as Whole Foods Market Inc.
The launch of a statewide trade finance initiative this year has increased access for some California firms to financing options for their international transactions.
Last-minute leadership changes can damage the value of a company.
Anna Folkins set out to build a termite control company that removed harmful chemicals from the process.
Doing the right thing in business is getting more attention these days in light of a myriad of accounting scandals that caused the downfall of several large corporations, criminal investigations, and indictments of dozens of top executives.
The location for the permanent headquarters of the California Institute for Regenerative Medicine will likely be decided May 6, prompting media outlets across the state to place heavy emphasis on every move leading up to the decision.
Sony sweats the details at its San Diego computer factory.
Richard Mazer has taken over as chief executive of Brea-based Ventura Foods LLC with a goal of making one of Orange County's biggest private companies bigger.
Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: Taylor Stevens
Andrew Serwin, a partner in the San Diego law office of Foley & Lardner LLP, has published his book, due out April 22, "Internet Marketing Law Handbook," and he's already updating it.
Frustration over the lack of parking in San Diego business districts continues to grow. "We have a private parking lot, and it is always full of non-customers," said La Jolla merchant Joan Kuebler. "I've done everything short of getting an armed guard."
San Diego's unemployment rate for March dropped to 4.3 percent from February's 4.6 percent, as the area added some 8,200 jobs, according to the latest report from the California Employment Development Department.
Aliso Viejo engineering company Fluor Corp. is mum on its plans for bidding on big Latin American public works projects, including the anticipated Panama Canal expansion.
Venture capitalists see a lot of value in San Diego and its life sciences companies. Last year, 126 local companies obtained more than $1.2 billion in seed money, the fifth-largest infusion in the nation.
Paul Frank Industries Inc., the Costa Mesa apparel company known for its trademark cartoon monkey and other cheeky designs, is at a pivotal point.
At public companies, a rash of upheaval sweeps through the ranks of CFOs.
Australian architect Eugene Marchese is a pioneer in San Diego, bringing into the area three projects (for now) as well as ideas for streamlined, neo-modernist designs for future buildings.
California Should Join the Health Savings Accounts Bandwagon
Last month, when San Diego officials offered a building in the Torrey Pines Science Park as the proposed site of the California Institute for Regenerative Medicine, Mayor Dick Murphy was upbeat about the city's chances of winning the stem cell institute's
SBA lending is hot, and so are bankers who specialize in Small Business Administration guaranteed loans.
Oxnard-based CalAmp Corp. has acquired Skybility, a privately held Carlsbad company that specializes in embedded cellular transceivers.
The city's newly released long-term financial forecast is either a long-awaited remedy to San Diego's dire straits, or a dangerous descent into more fiscal chaos.
Instant Imprints, which Leo Kats founded in 1992 as a screen printing store, now has 50 franchised stores across the United States, with 100 additional locations slated for opening.
San Diego Mayor Dick Murphy has been ranked among the nation's worst mayors in the current issue of
A deal between General Motors Corp. and the Pasha Auto Group has paved a new route from San Diego to China for pricey Cadillac sedans and sport utility vehicles.
Not only are listeners baffled by the sudden format change at radio station Star 100.7 KFMB-FM; local advertising executives and radio industry insiders also are scratching their heads.
In her second season heading up the cleanup crew at Petco Park, Michelle Becerra is not a sports fan. Her concern is what goes on in the stands before and after the game.
Philadelphia-based Stoltz Development Co. will hold the opening ceremony for the 190,000-square-foot extension at the Shops at Las Americas on May 20.
A favorable ruling regarding Rancho Santa Fe Village in the city of San Marcos could have repercussions for affordable housing builders throughout the state.
Several statewide business groups have launched their attempt to loosen the state's daily overtime law.
Friday, April 15
Brent Wilkes, 50, of Poway has been appointed by Gov. Arnold Schwarzenegger to the California Race Track Leasing Commission.
Shares of San Diego-based Petco Animal Supplies, Inc. closed at $30.36 Friday, 13.6 percent down from Thursday's closing price, after the company said it erred in estimating its fourth-quarter net earnings.
Olivenhain Dam and Reservoir, a joint project of the San Diego County Water Authority and the Olivenhain Municipal Water District, recently received two major engineering awards.
Thursday, April 14
The median price paid for a house in Southern California was $439,000 in March, a new record, according to DataQuick, a real estate data provider, based in La Jolla.
On their first day of trading, shares in DexCom, Inc., a San Diego medical device manufacturer, closed at $11.74 April 14, down from their initial public offering price of $12.
Remec Inc., a San Diego maker of equipment for wireless communication systems, reported a net loss of $90.8 million for its fiscal year ended Jan. 31 on revenues of $423.9 million.
Titan Corp., the San Diego-based defense contractor specializing in high-tech communications services, signed a definitive agreement to acquire Intelligence Data Systems Inc. of Reston, Va. for $42.5 million in cash.
Wednesday, April 13
The Recording Industry Association of America filed suit Wednesday against 25 UCSD students who allegedly shared songs using Internet2, a high-capacity telecom network linking research institutions.
The San Diego City Council late Tuesday ruled that private firms doing business with the city must pay their employees at least $10 per hour.
Sempra Pipelines & Storage, a subsidiary of San Diego-based Sempra Energy, on Wednesday launched an "open season" to solicit market interest in capacity on its proposed Cameron Interstate Pipeline project in Louisiana.
Tuesday, April 12
A building on Torrey Pines Mesa is among four sites that remain on the California Institute of Regenerative Medicine's list of possible headquarters.
Petco Animal Supplies, Inc. said Tuesday that it will no longer sell large birds in its stores as part of an agreement with the animal rights organization People for the Ethical Treatment of Animals.
Lego, the Billund, Denmark-based toymaker that owns the Legoland California theme park, says it expects to sell the Carlsbad venue and its three sister parks in Europe soon.
The San Diego Association of Governments recently completed a survey assessing the impacts of delays at San Diego's three ports of entry on the economy of the San Diego-northern Baja California region.
A variant of an unmanned Army aircraft called the Hunter has made its maiden flight.
Monday, April 11
Two Carlsbad public companies were notified by their external auditors about the ability of the companies to continue as a "going concern," raising doubts of the firms' continued viability. But at least for one firm, it's old news.
Firm plans to open plastic surgery spas at some San Diego locations this year.
Two new discount-fare airlines, Independence Air and WestJet, will soon line up on Lindbergh Field's runway to get their share of the airport's fast-growing passenger market.
The owners of Chicago's legendary downtown haunt, the Billy Goat Tavern, have been considering expanding to San Diego's ballpark district.
Local integrated marketing agency Bailey Gardiner Inc. is busy these days as the San Diego agency gets to work with several high-profile clients.
Cisterra Partners LLC will offer a novel way to simulate the view from the yet-to-be-built DiamondView Tower.
The heavy winter rains haven't washed away all the water worries of San Diego County's $1.3 billion agricultural industry, as it heads into the high-demand summer. Citrus growers especially are struggling to keep their heads above water.
San Diego shines bright in the latest MoneyTree Survey, a measure of venture capital investment conducted by Pricewaterhouse Coopers, Thomson Venture Economics and the National Venture Capital Assn.
For years, colleges have offered health care service at student health centers. Now many are requiring students to carry their own health care insurance.
NBC affiliate KNSD 7/39 quietly introduced its independent Spanish-language station, Mi San Diego TV 43, on April 8 with the San Diego Padres' second home game of the season.
A recent study by Foley & Lardner LLP shows nonprofit organizations and for-profit private companies are embracing Sarbanes-Oxley. Consider it a combination of altruism and enlightened self-interest.
Gary J. Rossio, director of the Veterans Affairs San Diego Healthcare System, has been recognized for his exemplary leadership and creative management with a first-time award.
Lou Kelly has one foot in the private sector and the other in the public sector.
American Indian tribes that run casinos, and the people they employ, converge on San Diego this week to discuss Class II machines and other fine points of tribal gaming in 2005.
Sorrento Mesa's office property market has garnered enough attention since January to prompt at least one observer to declare that the area has bounced back and reinvented itself.
The agency that oversees the San Diego International Airport announced Monday that it will hold off studying any of the county's military bases as possible commercial airport sites until the federal government's base realignment and closure process (BRAC)
April 2005 feels different than the year the Nasdaq peaked.
Karen Watson gave up her management career to become a personal trainer.
Dave Haug's franchise is unique in California, while businesses throughout the West are thinking expansion.
The Pasha Group has signed a deal with General Motors to process Cadillac CTS and SRX models bound for Shanghai, China.
Proposed legislation that would allow San Diego State University, Cal State San Marcos and 21 other campuses throughout the CSU system to independently offer doctorate degrees has prompted a turf war with the University of California system.
For Rick Hartnack, the move from Union Bank of California, where he was one of three vice chairmen, to U.S. Bancorp was one that made perfect sense.
Asia's Cohesion Could Spell Trouble for U.S. Markets
The wireless industry has given us features that allow cell phones to link to the Internet, place calls and take pictures. Now it wants to give us devices that can keep track of, diagnose and monitor our health.
One of the largest manufacturers of vinyl windows that sells directly to the public, San Diego-based Window Factory, Inc. has been growing its business since its founding eight years ago.
Accredited Home Lenders Holding Co. names executive vice president.
Landmark and Legacy executives put a deal together over lunches at the La Valencia Hotel.
Friday, April 8
A group that supports retaining the Mount Soledad cross at its current location submitted a petition signed by 89,237 people to the San Diego city clerk Thursday, seeking to reverse a March City Council decision.
SDG & E; has been named a Tree Line Utility for the third year in a row.
UC San Diego will not be able to raise the $7.2 million needed to rebuild the chancellor's ocean-view mansion that was closed last summer due to structural and seismic code deficiencies.
The U.S. Army Corps of Engineers will begin dredging in Oceanside Harbor in mid-April.
Directors at Science Applications International Corp. set the price of the company's Class A common stock today at $42.27 per share.
Peregrine Systems, the San Diego software maker, reported quarterly results for the period ended Sept. 30. The lag in reporting financials was due to the company's emergence from bankruptcy and adopting a "fresh start" in its accounting.
Thursday, April 7
San Diego remained one of the least affordable regions in which to live in California, according to the housing affordability index for February, released by the California Association of Realtors today.
Gov. Arnold Schwarzenegger has made three appointments to the San Diego Superior Court bench.
Shares of Sorrento Valley-based biotechnology company Halozyme Therapeutics Inc. hovered at $1.80 in early morning trading today, one day after the firm announced that the Food and Drug Administration granted its enzyme product Enhanze SC priority review
A state Senate bill that increases the net metering cap for San Diego Gas & Electric Co. has been passed unanimously out of the Senate Committee on Energy, Utilities and Communications.
Wednesday, April 6
Williams-Sonoma, Inc. announced that the opening of its first West Elm store in San Diego will take place on April 21 in Mission Valley.
Local radio station KFMB-FM 100.7, commonly known as Star 100.7, changed its format as of 10 a.m. Wednesday. The station now known as 100.7 Jack-FM flipped from an adult contemporary station to an adult hits format.
The Utility Consumers' Action Network, a San Diego-based consumer watchdog, on Wednesday called on Gov. Arnold Schwarzenegger to declare a state of emergency in the wake of recording-setting gasoline prices.
Advanced Marketing Services Inc., the San Diego-based distributor of books to club warehouse stores, said trading of the company's stock will be suspended from the New York Stock Exchange beginning April 19 after the firm's request for a three-month exten
San Diego Trust Bank, with one office in Bankers Hill, reported net income of $63,000 for the first quarter, up from $23,000 in the fourth quarter.
Margaret M. Mann, a shareholder in the San Diego office of Heller Ehrman LLP, has been inducted as a fellow of the American College of Bankruptcy.
Tuesday, April 5
The Active Network, a La Jolla-based provider of registration services to participatory sports events and other activities, said this week it has acquired Public Enterprise Group of Huntington Beach.
Bill Ostrem, president and CEO of the EastLake Co., will take over as chairman for the residential real estate committee of the Burnham-Moores Center for Real Estate at the University of San Diego.
The first parcel of land at the Bressi Ranch Corporate Center, a 132-acre, mixed-use business park project in Carlsbad, has been sold.
Gov. Arnold Schwarzenegger has announced an agreement with Wyoming, Utah and Nevada that will create a four-state partnership for the development of the "Frontier Line" to boost electricity transmission.
Monday, April 4
The San Diego office of Irvine-based LBA Realty, a real estate investment and management company, announced Monday that it had acquired two properties in the San Diego market for a total of $29.5 million.
When it comes to launching a world concert tour, it's mainly about location, and San Diego's proximity to Los Angeles has helped make the ipayOne Center a starting point for two of the biggest names in music in the last 13 months.
Redevelopment in Downtown's ballpark district produces some small-business winners and losers.
Key Hires and Promotions; Awards and Recognition; Executive Spotlight: Raymond Huggenberger
A summit of tourism industry executives has been postponed until fall so city officials can join in, too. "The idea is to develop a plan for marketing the destination five, 10 and 15 years out," said Joyce Gattas of ConVis.
Fuscoe Engineering-San Diego Inc. has worked to form a seamless blend between the environment and development.
Urchin Software Corp., a Web analytics company that began life as a Web development house in a small room in Solana Beach, announced last week that it has agreed to be acquired by Google Inc.
San Diego City Manager Lamont Ewell has delayed his planned resignation six months to Dec. 31 to help resolve the many financial problems that have plagued the city.
San Diego's big energy users may get a reprieve this summer from higher electricity rates. Yet some are calling for local companies to unite and shake things up in San Francisco and Sacramento.
It's been nearly two years since a team of FBI agents raided the Sorrento Mesa offices of Advanced Marketing Services, carting off dozens of files, but federal prosecutors still haven't finished up their probe.
Bowing to protests against a proposed $2 fee on cabs and shuttles each time they pick up passengers at Lindbergh Field, a committee of the agency overseeing the airport's finances and operations tabled the matter for at least 18 months.
The California Housing Finance Agency, based in Sacramento, announced two new programs intended to increase home ownership throughout the state.
For the last 25 years, Sheila Fox has been a prominent professional in San Diego's advertising industry.
Author David Wexler describes therapeutic jurisprudence as "how you can do judging and lawyering with an ethic of care."
Am I the right chief executive officer for my company? This question is probably the most difficult one for a CEO to answer.
While the common perception is that restaurants and bars in chain hotels are more a convenience for guests than a place for locals to party and hang out, some full-service San Diego establishments are working to change that impression.
Blackouts aren't expected this summer, but some big energy users are preparing just in case.
Houlihan's Restaurants Inc., a fast-growing chain of casual, full-service eateries, is targeting San Diego for a push into California.
Patriot Scientific Corp., a San Diego firm that holds a variety of patents on microprocessors, reported a net loss for the nine months ended Feb. 28 of $1.5 million on revenues of $2.9 million, compared to a net loss of $3 million on revenues of $66,584 f
Encore Capital Group, Inc., a San Diego-based buyer and collector of delinquent credit card debt, said J. Brandon Black, Encore's current president and chief operating officer, will succeed CEO Carl Gregory effective Oct. 3.
Yet another small, publicly traded company decided it can't afford to stay public any longer.
When the market for Zip drives lost its zip, causing revenues at San Diego-based Iomega Corp. to go into a free-fall, CEO Werner Heid didn't panic. Instead, he devised a strategy of creating new products.
San Diegan Brian Jones owns Red Rider Leg Lamps, which has been producing and selling a distinct type of lamp since its inception in 2003.
Science Applications International Corp., the San Diego-based defense technology company, reported net income of $409 million on revenue of $7.2 billion for its 2005 fiscal year, ended Jan. 31.
The time has arrived for the San Diego-based National Association of Hispanic Real Estate Professionals to enter the political beltway.
Discount-fare airline Independence Air will soon make a push into California, beginning with direct flights between Washington Dulles International Airport and Lindbergh Field.
Three months into an electronic waste recycling tax on consumers, the state has yet to receive a dime from retailers, nor has it paid out any money to recycling firms.
The three San Diego companies in the Fortune 500 rank higher on the 2005 list than they do on Fortune's 2004 list.
Friday, April 1
Fiserv, Inc., a publicly traded company from Wisconsin, has closed its acquisition of Del Mar Database, a company that makes software for small to midsize residential mortgage lenders. Terms of the deal were not disclosed.
Dynal Biotech of Norway is now a wholly owned subsidiary of Invitrogen Corp., the Carlsbad company announced Friday.