SD BUSINESS JOURNAL DAILY ENEWS
ResMed Revenue Surges 15 Percent in Q3
San Diego-based ResMed reported $591.6 million in third quarter revenue, a 15 percent year-over-year increase.
Seacoast Commerce Bank Earnings Nearly Double in Q1
It was Seacoast's first quarterly report since it fully integrated its systems with those of Capital Bank, the San Juan Capistrano-based institution Seacoast acquired Oct. 1.
Nominations Open for the SDBJ’s 40 Under 40 Awards
Up-and-coming leaders under the age of 40 will be honored at the paper's first 40 Under 40 reception and awards presentation.
Frozen Dessert Co. Artic Zero Makes International Debut
The company plans to start selling its low-calorie pints at stores in Canada this month.
Outpatient Sites Become A Central Part of Care
HEALTH: Revenue Needs, Market Trends Push Change
San Diego hospitals in the last few years boosted investment in modest freestanding centers for surgery, imaging and other services, vying for patients seeking convenience and lower costs.
SDBJ Insider: Leadership Search Leads to Merger For BBB Chapters
Faced with finding a new executive for the local chapter of the nonprofit Better Business Bureau, chair Jonathan Gallagher and the leadership did the sensible thing by recruiting the highest functioning BBB executive they could find, CEO Matthew Fehling of the award-winning Greater Arizona chapter. At some point, they fielded a call asking them to consider a merger, which seemed out of the question until a few of them made a visit to check out what Fehling had going in Phoenix. They were blown away.
EvoNexus Stakes Its Claim to a Piece of Startups
STARTUP: Incubator To Take 1% to 5% of Accepted Companies
EvoNexus, the startup incubator with offices in San Diego and Irvine, will require the next round of companies it admits to give up a stake in their business in exchange for EvoNexus’ services.
Developers Follow The Demographic With Senior Housing
San Diego County developers are leading a national trend to build housing for senior citizens who need some level of care.
Developer Plans Vibrant Mixed-Use Project for Del Mar
PROPERTY: Mixed-Use To be Transition Between Biz and Residential Areas
A vacant lot that was once a gas station, then a failed commercial development at the southern edge of Del Mar’s business district would become a mix of offices, retail shops, a possible restaurant and condominiums under a new proposal.
Acadia’s Stock Falls on FDA Reexamination
The U.S. Food and Drug Administration said it was reexamining San Diego-based Acadia Pharmaceuticals’ drug to treat hallucinations and delusions caused by Parkinson’s disease. The news was first reported by CNN on April 25.
Liberty Station Building Leased By Moniker Group
Corporate headquarters moving from dowtown
Qualcomm Q2 Revenue Beats Guidance
The company said its quarterly earnings incurred $310 million in charges related to its $1 billion cost-cutting plan announced in January.
JMI Equity Leads $55M Investment in Financial Services Platform for Students
Since its start in 1992, JMI has invested in more than 130 businesses.
Origin Code Academy Offers Beginners Free Online Training
The online learning program uses an interactive video format to teach programming concepts.
Casino Is Changing Management and Changing Its Name
GAMING: Jamul Casino Reported to Be In Default on Loan
Hollywood Casino Jamul-San Diego announced earlier this month that it was transitioning management from Penn National Gaming Inc. to Jamul Indian Village Development Corp. (JIVDC). The transition means the casino’s name will change to Jamul Casino.
Casinos Draw Players To the Other Tables
New Fresh, Flavorful and Foodie-Oriented Dining Options Play to Diverse Appetites
Many of the biggest San Diego County casinos are in various stages of large scale expansions and renovations. For some casinos, this means updated dining options that appeal to fast casual, gourmet, and chef-driven food trends.
Some High Hurdles Separate Jacobs From Qualcomm
ACQUISITION: Price, Regulators Part of Obstacles to Going Private
Since Paul Jacobs said his goodbyes to shareholders and the board of directors during Qualcomm Inc.’s annual shareholders meeting in March, the company’s former CEO and chairman of the board has been relatively quiet.
GA Lab Opens Doors to Companies Looking for a Little Analysis
TECH: Services Include Material Science and Failure Analysis
For the past 20 years, General Atomics’ Inertial Fusion Technology (IFT) Analytical Services Lab has been a well-kept secret in San Diego.
SD 500 Update: Dupper Founds PE Firm in Carlsbad; Gurtin Adds 3rd Office
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:
Fewer Deals Didn’t Stop the VC Cash From Flowing in Q1
Fewer San Diego companies received venture capital backing in the first quarter of the year but the total dollars raised were up compared to the same quarter the year prior.
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