SD BUSINESS JOURNAL DAILY ENEWS
The County's Unemployment Rate Increases to 7% in January
San Diego’s unemployment rate increased to 7 percent in January from December’s rate of 6.5 percent, as the region’s net job loss during the month was 16,400, according to the latest report from the state’s Employment Development Department.
Leap Wireless Reports $640.8M Loss for 2013 as Sale to AT&T Looms
Leap Wireless International Inc., the San Diego-based flat-rate cellphone service doing business as Cricket, reported a $640.8 million net loss for 2013 in what is expected to be its last annual securities filing before it completes its sale to AT&T Inc. later this month.
The Acquisition of Medistem Is Completed
Intrexon Corp. has completed its acquisition of San Diego-based Medistem Inc., the acquiring company announced.
DJO Global Taps Former IMDS CEO to Head DJO Surgical Brand
DJO Global Inc. has appointed Brady Shirley, an executive in the orthopedics industry, as president of its DJO Surgical brand.
Novatel Reports Net Loss of 43.4M for 2013
Novatel Wireless Inc., the San Diego-based maker of wireless modems and software, reported a 2013 fourth quarter net loss of $21.3 million, compared with a net loss of $14.9 million in the like quarter of 2012.
Encinitas Apartments Sell for $3 Million
A locally based trust bought the 11-unit Gardena Gardens Apartments in Encinitas for $3 million.
The Business Calendar for the Week of March 10, 2014
Some of the business events scheduled for the week of March 10, 2014.
History-Themed Tavern With Museum Opens in Carlsbad
A history-themed venue featuring a 22,000-square-foot replica of a Colonial-era Boston tavern has opened in Carlsbad.
Encinitas Apartments Sell for $3 Million
A locally based trust bought the 11-unit Gardena Gardens Apartments in Encinitas for $3 million.
Leap Wireless Reports $640.8M Loss for 2013 as Sale to AT&T Looms
Leap Wireless International Inc., the San Diego-based flat-rate cellphone service doing business as Cricket, reported a $640.8 million net loss for 2013 in what is expected to be its last annual securities filing before it completes its sale to AT&T Inc. later this month.
History-Themed Tavern With Museum Opens in Carlsbad
A history-themed venue featuring a 22,000-square-foot replica of a Colonial-era Boston tavern has opened in Carlsbad.
DJO Global Taps Former IMDS CEO to Head DJO Surgical Brand
DJO Global Inc. has appointed Brady Shirley, an executive in the orthopedics industry, as president of its DJO Surgical brand.
Acquisition of Medistem Is Completed
Intrexon Corp. has completed its acquisition of San Diego-based Medistem Inc., the acquiring company announced.
Novatel Reports Net Loss of $43.4 Million for 2013
Novatel Wireless Inc., the San Diego-based maker of wireless modems and software, reported a 2013 fourth quarter net loss of $21.3 million, compared with a net loss of $14.9 million in the like quarter of 2012.
County’s Unemployment Rate Increases to 7% in January
San Diego’s unemployment rate increased to 7 percent in January from December’s rate of 6.5 percent, as the region’s net job loss during the month was 16,400, according to the latest report from the state’s Employment Development Department.
Business Calendar for Week of March 10, 2014
Some of the business events happening the week of March 10, 2014.
Funding for 2nd Phase of the San Ysidro Port of Entry Project Is in Obama's Proposed Budget
Funding for the second phase of the San Ysidro port of entry expansion project was included in the fiscal 2015 federal budget proposed by President Obama.
Encore Prices Offering of Convertible Senior Notes
Encore Capital Group Inc. priced $140 million — the aggregate principal amount — of convertible senior notes due in 2021.
Emotient Inc. Closes $6M Funding Round
San Diego-based Emotient Inc., a maker of facial expression recognition software, has closed a $6 million Series B round of funding, led by Silicon Valley venture firm Handbag LLC.
Qualcomm to Provide Proximity Beacons at 20 Major League Ballparks
Qualcomm Inc. said on March 6 that it will provide proximity beacons to 20 Major League Baseball parks for the 2014 season.
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