San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

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Isis Pharmaceuticals Reports Net Income of $31M for Q4

Isis Pharmaceuticals Inc. reported a significantly improved fourth quarter net income of $31 million, up from a net loss of $24.3 million in the same quarter last year.

Hot Tub Maker Watkins Manufacturing Acquires Endless Pools

Vista-based Watkins Manufacturing Corp., the world’s largest manufacturer of hot tubs, has acquired Endless Pools Inc. through Watkins' parent company, Masco Corp.

3D Robotics Secures $50M Series C Funding Round

3D Robotics, a maker of small unmanned aircraft which it hopes to sell to businesses, said that it received $50 million in a series C funding round led by Qualcomm Inc. (Nasdaq: QCOM).

The Business Calendar for the Week of March 2, 2015

Some of the business events planned in the county for the week of March 2, 2015, and beyond.

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Imperial Beach Apartments Purchased for $20.2 Million

The Apartment Co. of San Diego has acquired the 134-unit Clubhouse at Imperial Beach apartment community for $20.2 million, according to real estate services company HFF, which represented the seller.

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Otonomy Submits Pediatric Drug for FDA Approval

Otonomy Inc., a company that makes treatments for the middle and inner ear, has submitted a drug candidate for regulatory approval following encouraging Phase 3 data.

Two Local Farmers Insurance Agencies Merge

Marie Milliman Farmers Insurance announced its merger with Keith Roby Farmers Insurance.

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Sempra Energy Reports 2014 Earnings of $1.16 Billion

Sempra Energy, the San Diego-based energy holding company and parent to San Diego Gas & Electric Co., unveiled its 2014 financial results Feb. 26, reporting earnings of $1.16 billion on total revenue of $11.04 billion.

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ResortCom International Chairman John Small Steps Down

John E. Small, chairman of San Diego-based ResortCom International for the last 16 years, announced that he is stepping down effective May 1.

Otonomy Submits Drug for FDA Approval

Otonomy Inc., a company that makes treatments for the middle and inner ear, has submitted a drug candidate for regulatory approval following encouraging Phase 3 data.

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Isis Pharmaceuticals Reports Q4 Results

Isis Pharmaceuticals Inc. reported a significantly improved fourth quarter net income of $31 million, up from a net loss of $24.3 million in the same quarter last year.

Hot Tub Maker Watkins Acquires Endless Pools

Vista-based Watkins Manufacturing Corp., the world’s largest manufacturer of hot tubs, has acquired Endless Pools Inc. through its parent company, Masco Corp.

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Apartments Near Imperial Beach Sold for $20.2 Million

The Apartment Co. of San Diego has acquired the 134-unit Clubhouse at Imperial Beach apartment community for $20.2 million, according to real estate services company HFF, which represented the seller.

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ResortCom International’s Chairman Steps Down

John E. Small, chairman of San Diego-based ResortCom International for the last 16 years, announced that he is stepping down effective May 1.

Business Calendar for Week of March 2, 2015

Some of the business events planned in the county for the week of March 2, 2015, and beyond.

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Sempra Reports 2014 Earnings of $1.16 Billion

Sempra Energy, the San Diego-based energy holding company and parent to San Diego Gas & Electric Co., unveiled its 2014 financial results Feb. 26, reporting earnings of $1.16 billion on total revenue of $11.04 billion.

Cox Calls on Congress to Overturn FCC Decision on Net Neutrality

Cox Communications, one of the region’s dominant cable providers, came out against the Federal Communications Commission’s Feb. 26 decision to regulate the Internet, saying the move was “sure to be challenged in court” and calling for congressional action.

County’s Construction Contract Values Rose 69 Percent in January

San Diego County’s contracts for future construction rose 69 percent in January from a year ago, topping $301.6 million, according to the latest monthly figures from Dodge Data & Analytics.

Ryan Granito Appointed Vice President of Real Estate at Fundrise

Ryan Granito has been named vice president of real estate for Fundrise, a real estate crowdfunding platform.