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An advocacy group went to court Nov. 14 to stop industry’s effort to put a measure on the local ballot.
Overland Storage, the San Diego provider of data storage services, reported fiscal 2014 first quarter revenue of $10.6 million, compared with $11.7 million for the like quarter of the prior fiscal year.
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.
Kratos Defense & Security Solutions Inc. recently said that it received a $5.8 million contract to deploy a specialized security and communication system at a hospital campus.
ViaSat Inc., the Carlsbad maker of satellite equipment and provider of Internet services, reported fiscal 2014 second quarter net income of $1.9 million, compared with a net loss of $7.9 million for the like quarter of last year.
General Dynamics Nassco announced Nov. 12 that it received a new contract to build a tanker for Seabulk Tankers Inc.
Linear LLC, a Carlsbad manufacturer of security devices for residential and commercial use, recently expanded into a second facility near McClellan-Palomar Airport, adding about 35,000 square feet to its existing plant.
Shares for San Diego biotech Organovo Inc. jumped as much as 17 percent in day trading after settling in at a 4 percent increase following the company’s release of its second quarter results.
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.
D&K Engineering Inc. reported revenue in the $80 million to $100 million range during the fiscal year that ended Sept. 30. That is up from $63.7 million in 2012 and $37.0 million in 2011.
Mad Catz Interactive Inc., a maker of video game accessories, saw its net loss for the second quarter of its fiscal 2014 increase tenfold to $4.5 million — up from $450,000 in the like quarter of fiscal 2013.
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.
Stock for Sequenom Inc. rose 24 percent after news that its quarterly earnings beat Wall Street projections.