SD BUSINESS JOURNAL DAILY ENEWS
Qualcomm Inc. reported net income of $1.96 billion on revenue of $6.37 billion in the company’s second quarter — short of the $6.48 billion predicted by analysts in a Reuters poll.
Moller Otay Lakes Investment LLC, a Delaware limited liability company, has purchased 867 acres of residential land near Jamul for approximately $21 million, according to real estate services provider Land Advisors Organization, which represented the seller.
Earnings for ResMed Inc. continue to rise, with a net income of $90 million for the quarter ended March 31 as compared with $84.9 from the previous year.
Comerica Bank’s California Economic Activity Index declined in February, dropping 1.1 percent to 109.
San Diego-based Bumble Bee Seafoods LLC has completed the relocation of its corporate headquarters to the historic Showley Bros. Candy Factory building in East Village, near Petco Park.
San Diego-based GroundMetrics Inc. — which offers technology services to the oil and gas industry — said that it raised $2.73 million in its series B funding round.
Forbes magazine has ranked San Diego as the nation’s 10th best city for the Millennial generation, naming Little Italy as the city’s top neighborhood for residents between the ages of 25 and 34.
Intelicare Direct is the new name for Desert Call Connection, the Kearny Mesa-based business announced recently.
The San Diego office of architectural firm Miller Hull Partnership will relocate to a planned new mixed-use office and residential development in East Village, after being chosen by developers to design IDEA1, slated for the downtown area known as the I.D.E.A. District.
The U.S. Navy has tapped Rear Adm. David H. Lewis to be the next commander of Spawar.
Revenue for Illumina Inc. surged in the first quarter of 2014, thanks to the “astonishing demand” for a slew of newly released gene sequencing products, said CEO Jay Flatley.
San Diego-based Trigild and Blu Hotel Investors of Santa Barbara have completed a $16.5 million acquisition of a 100-room Holiday Inn Express & Suites in Santa Cruz.
AT&T Inc. said it is considering putting high-speed Internet connectivity in San Diego and 20 other metro areas in the United States.
Petco, the San Diego based pet foods retailer, said it named Brad Weston president of its Unleashed by Petco division.
The San Diego Tech Coast Angels is looking for a few good investors.
The U.S. Navy recently offered contractors details on what it would like to see in its first production aircraft carrier-based drone.
San Diego-based MG Properties Group has purchased four California apartment properties totaling 770 units, for a total of more than $80 million.
“Making It in America” is the title of a three and half-day conference aimed at making connections for local innovators with business representatives from China, the Philippines, Thailand and Vietnam.
The San Diego Business Journal will soon be closing nominations for its inaugural Best of the Bar 2014 supplement. Nominations must be received by Friday, May 2.
The Active Network handled the ticket lottery for the White House Easter Egg Roll.