San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Dollar Tree Agrees to Pay $2.72 Million Fine to Settle Lawsuit

A retail chain that allegedly sent hazardous waste to California landfills found itself in a court fight against scores of county officials — including San Diego County’s district attorney — as well as San Diego’s city attorney.

General Dynamics Nassco Awarded $31.8 Million Navy Contract

The U.S. Navy awarded a $31.8 million contract to General Dynamics Nassco to perform post-shakedown work on one of its newest ships, the USS America.

Tease photo

El Cajon Apartments Sold for $5 Million

Bel Vue Terrace Properties LLC of San Diego has purchased the 40-unit Jamacha Apartments in El Cajon for $5 million, according to brokerage company Berkadia, which represented the buyer.

Tease photo

Ocean Beach Apartment Property Sells for $2 Million

Mills Trust of Downey has acquired a nine-unit apartment property in Ocean Beach for $2 million, according to brokerage company Marcus & Millichap Inc., which represented the buyer and seller.

Edico Announces Faster Analysis of Genome Sequencing

Edico Genome Inc. announced Monday a faster analysis of a whole genome sequence.

New Visitor Center Debuts in Downtown San Diego

An April 30 grand opening is planned for a new waterfront San Diego Visitor Information Center, being operated by locally based Old Trolley Tours. The center is at 996 N. Harbor Drive in downtown San Diego.

Tease photo

La Jolla Pharmaceuticals Hires Chief Medical Officer

La Jolla Pharmaceutical Co., a business developing therapies for life-threatening diseases, announced that Dr. Lakhmir Chawla will be joining the company as chief medical officer, effective July 1.

Quidel Reports Revenue Up 31% in Q1

Quidel Corp. reported strong financial results for the first quarter of 2015 with revenue up 31 percent, according to a recent earnings statement.

Pico Digital Inc. Acquiring Key Assets of International Datacasting

San Diego-based Pico Digital Inc., a provider of multimedia delivery solutions to customers in the broadcast, cable, satellite, and broadband markets, announced it has entered into an agreement to acquire the broadcast products business from International Datacasting Corp., a technology provider for the broadcasters in radio, television, data and digital cinema.

Turtle Beach Corp. Issues $5M Subordinated Note to Its Controlling Shareholder

Headphone and headset maker Turtle Beach Corp. said on April 23 that it issued a $5 million subordinated note to its controlling shareholder, SG VTB Holdings LLC, an affiliate of Stripes Group LLC.

The Business Calendar for the Week of April 27, 2015

Some of the business events planned in the county for the week of April 27, 2015, and beyond.

Tease photo

Psychiatric Centers at San Diego Announces Appointment of a President and a CEO

Psychiatric Centers at San Diego announced the appointments of Dr. Dennis Ordas as president and Leslie Randolph as chief executive officer.

Grandpoint Bank and Its Divisions Get 5-Star Superior Rating from Agency

Grandpoint Bank and its three divisions, including La Jolla-based Regents Bank, received a 5-Star rating for strength, stability and soundness from independent rating and research firm BauerFinancial based on Dec. 31, 2014, financial data.

Mission Federal to Celebrate Opening of New Eastlake Branch on May 9

Mission Federal Credit Union, the second-largest credit union in San Diego as measured by assets, plans to celebrate the opening of its new Eastlake Branch on Saturday, May 9, from 9 a.m. to 1 p.m., 884 Eastlake Parkway, Chula Vista.

Tease photo

San Diego Regional Chamber Names Haller VP of Membership

The San Diego Regional Chamber of Commerce has hired Dave Haller to be its vice president of membership. Haller most recently was vice president of sales, marketing and account management for North America at WIS International.

Pfenex Inc. Announces Price of Follow-On Offering

San Diego-based Pfenex Inc. announced the pricing of its follow-on public offering of 6,000,000 shares of its common stock at a price to the public of $15.50 per share.

Maxwell Technologies Stock Dipped on the Day After the Announcement of $10M Follow-On Offering

Shares of Maxwell Technologies fell almost 12 percent on April 24, the day after the company announced it planned to sell $10 million in stock in a follow-on offering.

USD Offering Online Master’s Degree Program In Law Enforcement And Public Safety Leadership

The University of San Diego has launched an online program for people interested in earning a master’s degree in law enforcement and public safety leadership.

USD Launches Online Master’s Degree In Law Enforcement And Public Safety Leadership

The University of San Diego has launched an online program for people interested in earning a master’s degree in law enforcement and public safety leadership.

Mission Federal Credit Union to Celebrate Opening of New Eastlake Branch

Mission Federal Credit Union, the second-largest credit union in San Diego as measured by assets, plans to celebrate the opening of its new Eastlake Branch on Saturday, May 9, from 9 a.m. to 1 p.m., 884 Eastlake Parkway, Chula Vista.