San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Two Local Health Systems Named to List of “100 Great Places to Work in Healthcare”

Two area health systems were named to the annual Beckers Hospital Review list of “100 Great Places to Work in Healthcare.”

Scripps Health Acquires Hillcrest Hospice Facility

Scripps Health out bid Sharp HealthCare on April 30 with a $16.55 million offer for the bankrupt San Diego Hospice’s Hillcrest facility.

Ligand Diversifies Its Portfolio With Biologics Acquisitions

San Diego-based Ligand Pharmaceuticals Inc. has paid $3.5 million to acquire a portfolio of more than 15 biologic development programs from Geneva, Switzerland-based drugmaker Selexis SA, the company said in a regulatory filing. Ligand will additionally pay $1 million more on the first anniversary of the closing, the company said.

Japan Airlines Plans June 1 Debut of Daily Local Service

Japan Airlines will begin offering its direct local service between San Diego and Tokyo on a daily basis on June 1 using the Boeing 787, after addressing electrical system issues that caused a global grounding of the Dreamliner aircraft used for its San Diego flights.

GreatCall to Open 20,000-Square-Foot Call Center in Nevada

GreatCall, a San Diego company offering wireless products to aging consumers, said it plans to open a 20,000-square-foot call center in Reno, Nev., by June. The firm said it plans to add 75 workers by the end of the year, and 400 workers over the next five years.

Airport Parking Lot Reopens Following Expansion

San Diego International Airport has reopened the Terminal 2 parking lot after adding 600 new spaces, bringing the total of short-term spaces to more than 1,300.

Peregrine Semiconductor Reports Net Loss of $1.2M for Q1

Peregrine Semiconductor, the San Diego-based maker of radio frequency integrated circuits used in wireless devices, reported a first quarter net loss of $1.2 million, compared with a net loss of $3 million for the like period of last year.

Maxwell Technologies Reports Several Financial Metrics

Maxwell Technologies Inc., San Diego manufacturers of energy storage devices used in hybrid buses, reported several financial metrics for the fourth quarter of 2012 and first quarter of this year, not including revenue and net profits.

Teradata Corp. Selected to Help Sichuan Rural Credit Union in China

Teradata Corp., the data analytics business that has about 1,000 employees in Rancho Bernardo, said it was selected to help the largest local bank in China’s southwest to build an integrated data warehouse.

Pool Supply Retailer Expanding to Oceanside

Phoenix-based swimming pool supply retailer Leslie’s Poolmart Inc. is scheduled to open its 11th San Diego County store May 3 in Oceanside. The store is planned for a site at 815 College Blvd., in the plaza anchored by Walmart.

Business Valuations Ltd. Opens Office in Irvine

Business Valuations Ltd., a San Diego based consultancy specializing in court valuation and advisory services, said it opened a new office in Irvine, its seventh.

Gymnastics Firm Joins Lineup at Chula Vista Mall

Locally based sports training firm San Diego Gymnastics has joined the tenant roster at Otay Ranch Town Center in Chula Vista, according to a statement from mall operator General Growth Properties Inc.

Ryan Bradley Appointed Associate Director of Bastyr University Research Institute

Kenmore, Wash.-based Bastyr University Research Institute has appointed a new associate director, Ryan Bradley, and he will relocate to the natural health university’s San Diego campus.

Veterans Invited to Apply for Program on Starting Tech Companies

Veterans have the chance to compete for a fellowship to attend a four-month, part-time program offering help with starting a technology company.

Carlsbad Chamber of Commerce Holds Carlsbad Village Faire May 5

Nine hundred vendors — many of them small businesses — are expected to be on hand when the Carlsbad Chamber of Commerce presents its semiannual Carlsbad Village Faire on Sunday, May 5 on Grand Avenue in downtown Carlsbad.

Correction

The San Diego Business Journal incorrectly reported details about San Diego-based medical device maker Aethlon Medical Inc.’s government subcontract work.

Steve Shea of Barney & Barney Receives Recognition

An insurance industry group has singled out Steve Shea of Barney & Barney LLC for recognition.

ResMed Inc. Reports Revenue of $383.6M for Q1

For the quarter ended March 31, San Diego-based ResMed Inc. announced $383.6 million in revenue – a 10 percent gain in revenue over the like quarter in the prior year.

Realty Income Reports Record Results for 1st Quarter

Investment firm Realty Income Corp. reported record operating results for its first quarter ending March 31, with revenue rising 52.9 percent from the same period a year ago, to $171.7 million.

New Owner Plans Renovation at Empress Hotel in La Jolla

San Francisco-based Greystone Hotels plans a $2 million renovation of the Empress Hotel in La Jolla, which it recently purchased from Pacifica Hotel Co. of Irvine for an undisclosed price.