San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Amazon Is Putting Together a S.D. Team for Strategic Initiative

Internet retail giant Amazon recently set up shop in Solana Beach as part of a “mission critical” strategic initiative that would involve a large expansion in the city.

By John Cox, Lou Hirsh March 12, 2017 1:05 p.m. share »

S.D.-Based FlyDive Continues to Soak Up the Competition

San Diego-based FlyDive has acquired Aquafly, an Austin, Texas-based company that rents and sells jetboards and jetpacks, trains athletes and produces water acrobatic shows.

By Sarah de Crescenzo March 12, 2017 1:05 p.m. share »

Using a More Compact Power Source Adds to Railgun's Punishing Possibilities

General Atomics is packing a lot of oomph into a small package, with the hope of better powering a futuristic weapon called a railgun.

By Brad Graves March 12, 2017 1:04 p.m. share »

The Business Calendar for the Week of March 13, 2017

Some of the business events planned in the county for the week of March 13, 2017, and beyond.

By Steve Adamek March 12, 2017 1:04 p.m. share »
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San Diego-Based Objective Capital Partners Opens Office in Century City

San Diego-based investment banking firm Objective Capital Partners has opened an office in the Century City area of Los Angeles, the company announced.

By Sarah de Crescenzo March 12, 2017 1:03 p.m. share »

Inseego Reports Net Loss of $60.6 Million for the Year

Inseego Corp. — the business formerly known as Novatel Wireless, which is trying to transition its business model from hardware to services — reported financial results for the fourth quarter and the year on March 9.

By Brad Graves March 12, 2017 1:03 p.m. share »

DJO Reports Subsidiary's Q4 and Yearly Results, Says It Will Focus on 'Transformation'

DJO Global Inc. posted a fourth-quarter loss of $202.1 million at its subsidiary DJO Finance LLC, more than quadruple the $49.6 million it reported losing a year earlier, as the medical technology company announced a plan to strengthen its long-term financial performance.

By John Cox March 12, 2017 1:03 p.m. share »
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Carlsbad Approves Mixed-Use Project Near I-5

The Carlsbad City Council recently approved plans for Carlsbad Village Lofts, a $30 million mixed-use residential project being developed near Interstate 5 by San Diego-based Gerber Group.

By Lou Hirsh March 12, 2017 1:01 p.m. share »

Sales Dip for Condos and Townhomes in February

Sales of condominiums and townhomes in San Diego County dipped in February, and were down sharply year over year, as a supply shortage continued to put a damper on the area’s housing market.

By John Cox March 12, 2017 1 p.m. share »

Infosonics Looking for New Sources of 'Profitable Revenue' After Exit From U.S. Market

San Diego-based InfoSonics Corp. (NASDAQ: IFON), which makes smartphones, tablets and accessories for the Latin American market, reported $8.6 million in net sales for the fourth quarter of 2016.

By Sarah de Crescenzo March 12, 2017 1 p.m. share »
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Pacific Beach Apartments Sell for $3.25 Million

A South Dakota-based buyer recorded as Calowa Investments LLC has acquired an eight-unit apartment property in San Diego’s Pacific Beach neighborhood for approximately $3.25 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh March 12, 2017 12:59 p.m. share »
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Vista Industrial Building Sold for $3.07 Million

A Vista buyer recorded as Aspire NP JHM LLC has acquired an industrial building in that city for approximately $3.07 million, according to brokerage firm Lee & Associates.

By Lou Hirsh March 12, 2017 12:58 p.m. share »
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A Co-Founder Clash Is Ugly Business

For the second time this year, Brandon Christopher “got real” with entrepreneurs in Startup Grind’s founder meeting Thursday night.

By Brittany Meiling March 10, 2017 5:05 p.m. share »

A More Compact Power Source Adds to Railgun's Punishing Possibilities

General Atomics said it has created a new power source for electromagnetic railguns — one that does more with less.

By Brad Graves March 10, 2017 4:05 p.m. share »

Developers Are Planning New Oceanfront Resort in Del Mar

Two Encinitas-headquartered development firms are in the process of acquiring 16 acres of prime oceanfront real estate in Del Mar for a proposed luxury resort.

By Lou Hirsh March 10, 2017 3:52 p.m. share »

Daylight Solutions Inc. Acquired By East Coast Defense Contractor

Local microscope maker Daylight Solutions Inc. has been acquired by East Coast-based defense contractor Leonardo DRS for $150 million.

By Brittany Meiling March 10, 2017 3:11 p.m. share »
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S.D.-Based Objective Capital Opens Office in Century City

San Diego-based investment banking firm Objective Capital Partners has opened an office in the Century City area of Los Angeles, the company announced.

By Sarah de Crescenzo March 10, 2017 3:01 p.m. share »
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Vista Industrial Building Is Sold for $3.07 Million

A Vista buyer recorded as Aspire NP JHM LLC has acquired an industrial building in that city for approximately $3.07 million, according to brokerage firm Lee & Associates.

By Lou Hirsh March 10, 2017 1:50 p.m. share »
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P.B. Apartments Sell for $3.25 Million

A South Dakota-based buyer recorded as Calowa Investments LLC has acquired an eight-unit apartment property in San Diego’s Pacific Beach neighborhood for approximately $3.25 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh March 10, 2017 1:40 p.m. share »

Amazon Putting Together a San Diego Team for Strategic Initiative

Internet retail giant Amazon recently set up shop in Solana Beach as part of a “mission critical” strategic initiative that would involve a large expansion in the city.

By John Cox, Lou Hirsh March 10, 2017 1:16 p.m. share »