San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

O’Neal Named President of Lucia Securities

Lucia Capital Group, a San Diego-based family of companies in the wealth advice, asset management, and investment distribution spaces, named Tiy O’Neal president of Lucia Securities LLC, Lucia Capital Group’s broker-dealer platform.

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General Atomics ASI Deal With Army Worth $132.7M

General Atomics Aeronautical Systems Inc. received a U.S. Army contract modification worth $132.7 million, the Pentagon said March 16.

ImageWare Systems Reports Q4 Results

ImageWare Systems Inc., a San Diego-based developer of mobile and cloud-based identity management software, reported $1.2 million in revenue for the fourth quarter ended Dec. 31, 2014, compared with $928,000 in the year-ago quarter financial results.

Turtle Beach Corp. Gives Its Q4 Results

Headset maker Turtle Beach Corp. reported on March 16 that it had fourth quarter net income of $2.36 million on revenue of $92.3 million.

Pfenex Inc. Reports Q4 and Yearly Results

San Diego-based Pfenex Inc., a clinical-stage biotechnology company that makes biosimilars, announced its fourth quarter financial results March 16, reporting a net loss of $3.57 million on revenue of $2.02 million. In the like quarter of 2013, the company reported $469,000 net loss on revenue of $4.23 million.

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Poway Industrial Building Sells for $4.5 Million

An entity recorded as Kirkham Pacific LLC of San Diego has purchased a Poway industrial building for $4.5 million, according to CoStar Group and public data.

Ruling on SANDAG Transportation Plan to Get State Supreme Court Review

The California Supreme Court has agreed to review an appellate court’s decision calling on the San Diego Association of Governments (SANDAG) to make long-term transportation plans better comply with revised state pollution-reduction goals.

Excel Trust Sells Arizona Office Property for $65 Million

San Diego-based Excel Trust Inc. has sold the two-building Promenade Corporate Center office property in Scottsdale, Ariz., for $65 million, according to Arizona public data.

Trovagene Posts Q4 Net Loss of $4.7 Million

San Diego-based Trovagene Inc., a molecular diagnostics company, announced its fourth quarter financial results on March 13, reporting a net loss of $4.7 million on revenue of $56,000. In the same quarter of 2013, the company reported a net loss of $1 million on revenue of $47,000.

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Apartments in Imperial Beach Purchased for $4.5 Million

IB Villas LLC of Del Mar has purchased the 33-unit Stuart Manor apartment property in Imperial Beach for $4.5 million, according to brokerage company Berkadia.

Kratos Defense Reports $2.2 Million Net Loss for Fourth Quarter

Kratos Defense & Security Solutions Inc. reported a net loss of $2.2 million on revenue of $221.5 million during its fourth quarter, which ended Dec. 28. The net loss for the quarter amounted to 4 cents per share.

S.D. Airport Working to Broaden International Destinations

San Diego airport leaders continue their work to establish new service to international destinations.

Foundations San Diego Opens in Hillcrest

Nashville-based Foundations Recovery Network, a behavioral health company and integrated treatment provider, has opened a location in San Diego.

USS Theodore Roosevelt to Make San Diego its Homeport

The aircraft carrier USS Theodore Roosevelt left Naval Station Norfolk, Va., on March 5 for a world deployment and then a trip to its new homeport of San Diego.

The Business Calendar for the Week of March 16, 2015

Some of the business events planned in the county for the week of March 16, 2016, and beyond.

Business Events Calendar for Week of March 16, 2015

Some of the business events planned in the county for the week of March 16, 2015, and beyond.

San Diego Airport Exploring European, Central American Routes

San Diego airport leaders continue their work to establish new service to international destinations.

State Supreme Court to Review Ruling on SANDAG Transportation Plan

The California Supreme Court has agreed to review an appellate court’s decision calling on the San Diego Association of Governments (SANDAG) to make long-term transportation plans better comply with revised state pollution-reduction goals.

Trovagene Announces $4.7 Million Net Loss for Q4

San Diego-based Trovagene Inc., a molecular diagnostics company, announced its fourth quarter financial results on March 13, reporting a net loss of $4.7 million on revenue of $56,000. In the same quarter of 2013, the company reported a net loss of $1 million on revenue of $47,000.

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Imperial Beach Apartments Sold for $4.5 Million

IB Villas LLC of Del Mar has purchased the 33-unit Stuart Manor apartment property in Imperial Beach for $4.5 million, according to brokerage company Berkadia.