SD BUSINESS JOURNAL DAILY ENEWS
The San Diego Association of Governments has scheduled June public meetings to discuss the planned $1.7 billion extension of the San Diego trolley system to the University City community.
Sempra Energy, parent of San Diego Gas & Electric and other subsidiaries reduced its earnings per share guidance for 2013 to $4.30 to $4.60, down from the earlier guidance range of $4.30 to $4.80.
Cricket Communications, the main subsidiary of San Diego-based Leap Wireless International Inc., the flat rate cellphone carrier, said it’s challenging wireless giants Verizon and AT&T in its new ad campaign.
Arizona-based Taylor Morrison Home Corp. has purchased 32 single-family residential lots in Carlsbad’s La Costa Town Square development for $5 million.
Walmart Stores Inc. is scheduled to launch a hiring program focused on military veterans on May 27, in which it plans to hire more than 100,000 veterans nationwide over the next five years.
Colorado-based OtterBox announced it has acquired San Diego-based LifeProof. Financial terms of the deal were not disclosed.
Triton, the U.S. Navy variant of Northrop Grumman’s high-altitude unmanned spy aircraft, made a 90-minute maiden flight May 22 in Palmdale.
The San Diego Marriott La Jolla in University Towne Center has completed a $17 million renovation, including a redesign of it its lobby and guest rooms.
General Dynamics Nassco, the San Diego-based shipbuilder, said it delivered the USNS Montford Point, the first in a new class of ship called a Mobile Landing Platform to the U.S. Navy.
The National Geospatial-Intelligence Agency awarded BAE Systems the iSToRE XP contract to provide advanced data management capabilities in support of National System for Geospatial-Intelligence sites and users.
Dell has selected San Diego-based ScaleMatrix Inc. as one of three strategic partners to provide public cloud computing services in North America.
Encore Capital Group Inc., the San Diego collector of defaulted credit card and other types of debt, said it closed on a $100 million credit facility with Wells Fargo Bank to purchase tax lien certificates from cities in several states.
San Diego-based MOGL has added Hawaiian Airlines to its roster of companies participating in its tech-enabled loyalty platform that issues cash rewards to customers at restaurants.
Sorrento Therapeutics Inc. announced today that its research grant from the National Institute of Allergy and Infectious Diseases, a division of the National Institutes of Health, supporting the development of novel human antibody therapeutics to combat Staphylococcus aureus or Staph infections, including methicillin-resistant S. aureus (MRSA), was renewed for the second year of a two year Phase I grant award.
San Diego City Council has approved a master plan intended to guide future development along a 17.5-mile stretch of the San Diego River. Long-term plans call for a river-long park, stretching from the San Diego River headwaters in Julian, to the Pacific Ocean at Ocean Beach.
Robert Horsman, the former CEO and president of San Diego National Bank, was hired by Torrey Pines Bank as market executive for the San Diego region.
San Diego Web filtering software maker Websense Inc. signed a definitive agreement to be acquired by Vista Equity Partners, a national private equity firm based in Austin, Texas, for $25.75 per share in cash or an aggregate price of about $1 billion, the companies said.
Effector Therapeutics, a San Diego-based biopharmaceutical company, announced that the company has raised $45 million in a Series A financing round.
Maxwell Technologies, the San Diego maker energy storage devices used in hybrid buses and other applications, said it received another notice from the Nasdaq exchange that the company is not in compliance with listing requirements due to its not filing timely financial reports.
San Diego-based investment firm Pathfinder Partners LLC has purchased a 144-unit apartment community in Tempe, Ariz., for $16.4 million.