SD BUSINESS JOURNAL DAILY ENEWS
San Diego International Airport saw passenger traffic rise 3 percent in March over the same month of 2015, as the facility handled more than 1.7 million arriving and departing travelers.
An agricultural technology and life sciences venture capital investor, Finistere Ventures, LLC, partnered with International Farming Corp., an institutional farmland owner in North Carolina, to launch Willow Hill Ventures.
Total first-quarter revenue at Retail Opportunity Investments Corp. (ROIC) rose 6.3 percent over the year-ago period, topping $42.6 million, the San Diego-based company reported.
Maxwell Technologies Inc., a San Diego-based energy storage firm, announced the completion of the sale of its microelectronics product line to Data Device Corp., a subsidiary of ILC Industries Inc.
The San Diego region gained 4,000 construction jobs from March 2015 to March 2016, according to an analysis of federal employment data by the Associated General Contractors of America.
San Diego’s Ignyta Inc., a drugmaker developing cancer therapeutics, is hoping to raise $50 million in an offering of its common stock, the company announced Wednesday.
SLANTRANGE, a local agricultural drone sensor and analytics company, announced April 28 it has secured $5 million in a Series A round of funding.
A group of businesses and government leaders launched an effort Wednesday to collaborate on job creation across the San Diego County and Tijuana region.
The U.S. Navy awarded Mira Mesa-based Coffman Specialties Inc. an $18 million task order for runway repair and aircraft lighting repair at Naval Air Station Fallon in Nevada, east of Reno.
Callaway Golf Co., the Carlsbad maker of clubs, balls and golf accessories, reported net income of $38.4 million, or 40 cents per diluted share, on net sales of $274.1 million during its first quarter, which ended March 31.
Student entrepreneurs from the University of San Diego and universities in Tijuana will compete for $100,000 cash at a “Shark Tank-like” competition Thursday.
Dexcom Inc., one of San Diego’s biggest public medical technology firms, reported a 60 percent jump in revenue for the first quarter of this year.
American Assets Trust Inc. saw total revenue rise 7.1 percent from a year ago in its first quarter ending March 31, reaching $70.7 million, the San Diego-based real estate investment trust reported.
Realty Income Corp. posted an 8.2 percent increase in first-quarter revenue compared with the same period of 2015, topping $267.1 million, as net income available to common stockholders rose 4.9 percent, to $63.5 million.
A citizen group seeking to raise San Diego’s total current hotel taxes by 3 percent, to 15.5 percent, said it has gathered 100,845 voter signatures for an election measure targeted for the November ballot.
A local buyer listed as Park6 Ventures LLC has acquired a church building in San Diego’s Bankers Hill neighborhood for $2.7 million, according to brokerage firm Lee & Associates.
San Diego medical device company ResMed Inc. reported a drop in net income for the first quarter of 2016.
Kratos Defense & Security Solutions Inc. said April 26 that its Kratos ISE subsidiary was working with the government of Oman on an advanced space radio monitoring system.
San Diego medical device maker NuVasive Inc. exceeded Wall Street expectations Tuesday when it reported a boost in revenue and an improved bottom line.
The San Diego Tourism Marketing District has named hotel industry veteran Brian Hughes as the organization’s new executive director.