San Diego Business Journal

SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Startup Offers Voice of Experience to New Active Traders

FINANCE: Investors Get Community and Chance To Observe the VeteransTechMeetsTrader, a San Diego software startup, is developing what it hopes will become known as the Facebook for stock and options traders.

By Sarah de Crescenzo July 25, 2017 8:41 a.m.   $$ Share

San Diego Private Bank Parent Co. Reports Q2 Assets

Private Bancorp of America Inc., the parent company of La Jolla-based San Diego Private Bank, reported a 17 percent increase in total assets to $564.9 million as of June 30, compared to the same date in 2016.

By Sarah de Crescenzo July 26, 2017 4:41 p.m. share »

Chosen Foods Acquired by Mexican Company

Chosen Foods LLC, which sells specialty cooking oils and other products, has been acquired by a Guadalajara-based company that sells specialty oils, oily seeds and ingredients for Mediterranean cuisine in more than 25 countries.

By Sarah de Crescenzo July 25, 2017 3:11 p.m. share »
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Safety for All Is Theme for Fundraiser and a Theme for Life

The San Diego Police Foundation 2017 Friends of the Badge raised $137,000 at a luncheon held recently at the San Diego Convention Center.

By Stephanie Glidden July 25, 2017 9:24 a.m. share »

Venture Bankers See a Tech Sector Ready for Possible Takeoff

Bankers at the two most active venture banks in the San Diego area believe a revitalization of the region’s technology sector may be underway.

By Sarah de Crescenzo July 25, 2017 9:17 a.m. share »

VC Funding in Q2 Mostly Stuck to Usual Script for Region

Venture-backed companies in the San Diego region took in 26 rounds of equity financings totaling $273.49 million in the second quarter of the year, according to data from Dow Jones VentureSource.

By Sarah de Crescenzo July 25, 2017 9:06 a.m. share »
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Vuori Muscles into the Activewear Market With Style

A new clothing company in Encinitas is capitalizing on the “athleisure” trend (i.e. looking good in workout clothes) by targeting one segment of the population other companies often neglect: men. The company is called Vuori

By Brittany Meiling July 25, 2017 8:51 a.m. share »

Seacoast Commerce Reports Q2 Net Income of $1.4M

Seacoast Commerce Banc Holdings, the holding company of Rancho Bernardo-based Seacoast Commerce Bank, reported second-quarter net income of $1.4 million, or 23 cents per share, compared with net income of $1.8 million, or 30 cents per share, a year ago, a 22.7 percent decrease.

By Sarah de Crescenzo July 20, 2017 2 p.m. share »

Chinese PE Firm Closes $400 Million Fund

A Chinese private equity firm that has its eye on San Diego biotech just closed a $400 million fund, its second and biggest yet.

By Brittany Meiling July 19, 2017 2:18 p.m. share »

Coronado Brewing Acquiring Majority Stake in Monkey Paw Brewing

Coronado Brewing Co. is acquiring a majority stake in San Diego-based craft beer-maker Monkey Paw Brewing Co. for an undisclosed price. Officials of the two companies said the transaction is expected to close Sept. 1.

By Lou Hirsh July 19, 2017 11:05 a.m. share »

Cubic Acquires British-Based Deltenna Ltd.

Cubic Corp. said on July 18 that it acquired privately held Deltenna Ltd. of Chippenham, U.K. for undisclosed terms. Deltenna specializes in wireless infrastructure, offering radio and antenna communication solutions.

By Brad Graves July 18, 2017 9:34 a.m. share »
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Bill Maris to Keynote SDVG's Venture Summit

Silicon Valley-made venture capitalist Bill Maris, the near-celebrity founder of Google Ventures, will be keynoting San Diego Venture Group’s biggest gathering of startups and investors this year.

By Brittany Meiling July 17, 2017 12:51 p.m. share »

The Scorecard for Q2 Venture Capital Is Out

Venture-backed companies in the San Diego region took in 26 rounds of equity financing totaling $273.49 million in the second quarter of the year.

By Sarah de Crescenzo July 14, 2017 3:31 p.m. share »

TrovaGene Inc.'s Share Price Falls Following Stock Offering Announcement

The stock price for TrovaGene Inc. was down over 20 percent by close of market July 14, following the company’s announcement that it would raise $7.1 million in a stock offering.

By Brittany Meiling July 14, 2017 2:17 p.m. share »
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Fertilizer Startup’s Seed Round Brings Opportunity for Growth

A startup in San Diego is making fancy fertilizer from your poop.

By Brittany Meiling July 13, 2017 3:10 p.m. share »