SD BUSINESS JOURNAL DAILY ENEWS
Bright Light Management, a San Diego venture management fund, aimed at helping early-stage companies, recently announced its launch.
Cox Communications said it is closing its Copley call center in Kearny Mesa, cutting about 500 jobs in a variety of customer-care functions.
Sempra Energy, parent of San Diego Gas & Electric and other subsidiaries, reported full year 2013 net income of $1 billion, compared with net income of $859 million in 2012.
Genetic testing company Sequenom Inc. grew its revenue 81 percent in 2013, and posted lower cash burn for the year than in 2012.
Halozyme Therapeutics Inc. posted significantly greater losses in fourth quarter of 2013 than analysts projected.
Maryland-based Walker & Dunlop Inc. has provided approximately $37.5 million in loan refinancing for Latitude 33 Apartments, a new 198-unit multifamily community in Escondido developed by Lyon Communities of Newport Beach.
MDA El Cajon One LLC of Rancho Santa Fe has purchased the El Cajon Towne Center retail property for approximately $5.3 million, according to CoStar Group and public data.
A Long Island, N.Y. maker of vehicle tracking electronics is updating its product line with the help of San Diego-based Novatel Wireless.
The San Diego North Economic Development Council will host its first North County Economic Summit March 5 from 7 a.m. to 10:30 a.m. at the Sheraton Carlsbad Resort & Spa.
Encore Capital Group Inc., a specialty finance company, has taken a controlling stake in a Latin American company and has agreed to do the same with one in the U.K.
Qualcomm Inc. said its Snapdragon 801 processor is powering Samsung’s newest flagship smartphone, the Galaxy S5.
Conrad Prebys Trust of San Diego has acquired two undeveloped Santee land parcels, totaling approximately 33 acres, for $36 million, according to CoStar Group and public data.
General Dynamics Corp. said that its Advanced Information Systems unit received a subcontract that could be worth as much as $250.1 million over 10 years if its U.S. Navy customer exercises all options.
Accelrys Inc. reported incremental fourth quarter increases, growing Non-GAAP revenue from $47.5 million in the quarter ended Dec. 31, 2012 to $47.6 million in the like quarter of 2013.
Operators of downtown’s Westin San Diego have completed a $15 million renovation, including upgrades to the hotel’s 436 guest rooms.
Karl Strauss Brewery’s Sorrento Valley site is undergoing a remodel, triggering the layoff of 67 employees last month.
Carlsbad-based Thesan Pharmaceuticals Inc. closed a $49 million Series B financing round.
Neurocrine Biosciences Inc. has proposed an offering of 7 million shares of its common stock.
San Diego-based Retail Opportunity Investments Corp., also known as ROIC, reported revenue and net income up significantly from a year go for its fourth quarter and full-year 2013.
The Otay Mesa Chamber of Commerce and the San Diego Center for International Trade Development will host a supplier forum March 6 in Chula Vista featuring Medtronic, a $16 billion medical technologies company based in Minneapolis.