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On its first day of trading on the Nasdaq, shares for Tandem Diabetes Care Inc. soared 28 percent — or $4.26 — closing day trading at $19.26.
SR Commercial of Solana Beach has acquired two local office and industrial properties, for a total of $8.5 million.
San Diego-based Celladon Corp. has chosen to postpone its $75 million initial public offering, citing poor market conditions, according to equity research firm Renaissance Capital.
San Diego-based Sorrento Therapeutics announced it is acquiring Concortis BioSystems, a San Diego biotech, in a deal worth about $12 million.
San Diego-based Tandem Diabetes Care Inc. has upped the ante of its previously announced initial public offering, increasing the targeted goal from $100 million to $120 million.
San Diego-based developer OliverMcMillan plans to break ground Nov. 20 on a 388-unit, mixed-use condominium tower in Honolulu.
The median price for houses sold in San Diego County in October was $412,750, down 2 percent from September’s median, but up 17.9 percent from October 2012, according to the latest Dataquick market report.
Real estate services provider Trigild has named Judy Hoffman as president of the San Diego-based company.
Shares for San Diego’s Arena Pharmaceuticals Inc. continue to rise following its Nov. 7 announcement that it will expand its partnership with Japanese drugmaker Eisai Co. to market the anti-obesity medication Belviq.
Local franchisee Paul Martinez recently opened his second East County Baskin-Robbins ice cream location, with a third planned as a part of a new store development agreement announced by Massachusetts-based Baskin-Robbins.
Shares for San Diego’s Arena Pharmaceuticals Inc. rose 17 percent following news that it will expand its partnership with Japanese drugmaker Eisai Co. to market its weight loss pill Belviq.
The median price for a single family house sold in October in San Diego County was $475,000, a 2 percent drop from September, but 19 percent above the median price for October 2012, according to the latest report from the Greater San Diego Association of Realtors.
Stock for Sequenom Inc. rose 24 percent after news that its quarterly earnings beat Wall Street projections.
FINANCE: Lending Instruments on Upswing Bringing Needed Business
Home loans for people who don’t meet the stringent underwriting requirements to be prime borrowers can still find financing, although it’ll cost more, housing industry sources said. And they appear to be doing so at an increasing pace.
Silvergate Bank, the area’s fourth-largest commercial lender, reported reduced third-quarter profit of $1.37 million, down about $1 million from the like quarter of last year.