San Diego Business Journal

SD FINANCE

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

Kodiak Capital Opens Office in La Jolla

Newport Beach-based Kodiak Capital Group LLC, a fund manager for venture investments into publicly traded companies, has opened an office in San Diego, the company announced.

By Sarah de Crescenzo April 18, 2017 4:58 p.m. share »

Bitcoin ATM Company Installs 3 More Machines in S.D. County

Texas-based bitcoin ATM company Coinsource is finding success in San Diego, according to CEO Sheffield Clark.

By Sarah de Crescenzo April 18, 2017 2:38 p.m. share »

CEOs Remain Upbeat About Economy, Survey Finds

Post-election optimism among top executives continued to rise in the first quarter of the year, according to a survey of CEOs by Vistage Worldwide LLC, the San Diego-based executive coaching company, but company leaders in San Diego weren’t quite as bullish as their nationwide counterparts.

By Sarah de Crescenzo April 18, 2017 11:41 a.m. share »

San Diego-Based Callan Capital Opens First Out-Of-State Office

La Jolla-based wealth management firm Callan Capital, which has operated in San Diego for about a decade, has opened a second office.

By Sarah de Crescenzo April 17, 2017 4:28 p.m. share »
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How Local Angel Investors Missed Out on 2 Successful Startups

San Diego has a small pool of angel investors who supply tech startups with cash, so the same few groups get inundated with cash-poor founders asking for support.

By Brittany Meiling April 14, 2017 12:58 p.m. share »
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Symposium Emboldens, Encourages and Empowers Students

The Academy of Our Lady of Peace hosted its Third Annual Women’s Symposium recently at its historic campus on Oregon Street in San Diego. More than 250 community guests joined the entire student body at OLP to experience this day of women’s empowerment. Funds raised will support the OLP Alumnae Scholarship Fund for students.

By Stephanie Glidden April 13, 2017 2:41 p.m. share »
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If Some League Members Aren’t Game, Subme Puts Out the Call for Players

The makers of sports app Subme are solving a universal problem for recreational sports leagues: drop outs and no-shows.

By Brittany Meiling April 13, 2017 2:10 p.m. share »
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Local Biotech Co.’s Success Fuels Optimism in IPO Market

One initial public offering may not sound like much, but the January debut of San Diego biotech AnaptysBio Inc. on the stock market may be providing reassurance to others in the region considering an IPO this year.

By Sarah de Crescenzo April 13, 2017 1:53 p.m. share »

Neurocrine's Stock Soars Following FDA Approval of Its Drug Ingrezza

Stock is soaring for San Diego drugmaker Neurocrine Biosciences, which just received a stamp of approval from the U.S. Food and Drug Administration for its lead drug Ingrezza.

By Brittany Meiling April 12, 2017 3:16 p.m. share »

PICO Holdings Agrees to Sell Developer UCP Inc.

After more than a year of prodding by disgruntled investors, La Jolla-based PICO Holdings Inc. (Nasdaq: PICO) announced it will sell land developer and homebuilder UCP Inc., of which it is majority owner, to Colorado-based homebuilder Century Communities Inc.

By Sarah de Crescenzo April 11, 2017 4:06 p.m. share »
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AnaptysBio's IPO Success Raises Question: Who Is Next?

One initial public offering may not sound like much, but the January debut of San Diego biotech AnaptysBio Inc. on the stock market may be providing reassurance to others in the region considering an IPO this year.

By Sarah de Crescenzo April 10, 2017 4:07 p.m. share »

Following Merger of Mast Therapeutics And Savara, Stock Will Trade on Nasdaq Capital Market

Mast Therapeutics Inc., a local public biotech that was recently acquired by Austin-based Savara Inc., will be moving its stock from the New York Stock Exchange to Nasdaq as part of the merger.

By Brittany Meiling April 10, 2017 4:04 p.m. share »

Feeding San Diego Names Vince Hall Its New CEO

Feeding San Diego announced April 7 that it has named Vince Hall as its CEO.

By Brad Graves April 10, 2017 4:01 p.m. share »
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Little Italy Office Tower Owner Obtains $33 Million in Refinancing

Property owner Gemini Rosemont LLC has obtained $33 million in refinancing for a downtown San Diego office tower that it purchased last year, according to A10 Capital, which financed the loan.

By Lou Hirsh April 6, 2017 4:08 p.m. share »

Sommetrics Completes $12.3M Series B-1 Financing Round

Sommetrics, a medical product company in San Diego, has closed a $12.3 million stock financing round to help bring the company’s products to market.

By Brittany Meiling April 6, 2017 4:07 p.m. share »