SD BUSINESS JOURNAL DAILY ENEWS
San Diego-based BioMed Realty Trust Inc. posted total revenue of approximately $158 million for its second quarter ending June 30, down from $171.2 million for the same period of 2014.
Some of the business events planned in the county for the week of Aug. 3, 2015, and beyond.
Investor Paul Wagner of Carlsbad has acquired a Vista industrial building for $3.15 million, according to brokerage company Lee & Associates and public data.
San Diego’s downtown project oversight agency has approved plans by Richman Group of California Development Co. for a $100 million mixed-use, high-rise residential project in East Village.
Medical device firm ResMed is set to expand in China and says it remains on track to meet its 2020 goals after a lift in its fourth-quarter revenues, according to recent financial statements.
San Diego-based Suneva Medical Inc., a developer of facial skin products, announced the closing of a $15 million equity investment by Almirall Inc., an affiliate of Almirall S.A., a global pharmaceutical company primarily focused within the therapeutic area of medical dermatology.
Shareholders of San Diego-based Excel Trust Inc. have formally approved the previously announced acquisition of the company by Blackstone Group, in a deal valued at approximately $2 billion.
Maxwell Technologies Inc., a maker of energy storage devices called ultracapacitors, said on July 30 that it was in the process of restructuring, reducing head count and consolidating U.S. manufacturing operations, all in order to reach profitability.
San Diego-based Realty Income Corp. saw revenue rise 11.1 percent from a year ago in its second quarter ending June 30, reaching $253.9 million.
Veteran banker Marla Black has been named president and chief executive officer of Junior Achievement of San Diego County.
BofI Holding Inc., the parent company of San Diego-based BofI Federal Bank, reported fourth-quarter net income of $24.4 million on Thursday, a 52 percent increase over the year before and the 14th consecutive quarter of record earnings.
Senomyx Inc., a biotechnology company that makes flavor enhancers, reported a net loss of $2.7 million for the second quarter of 2015, up slightly from the $2.6 million net loss from the same period last year.
Commercial property owner and developer The Irvine Co. has completed a $150 million renovation of its 1,410-unit apartment community in Mission Valley, now known as The Village Mission Valley.
CrediautoUSA Financial Co. LLC announced the completion of a capital facility which provides up to $75 million to facilitate the acquisition by Crediauto of nonprime automobile financing contracts.
URS Federal Services Inc. of Germantown, Md. will manage hazardous materials for the Defense Logistics Agency for one more year at the U.S. Navy aircraft repair depot at Naval Air Station North Island, the Pentagon announced on July 24.
American Assets Trust Inc. reported revenue up 7.3 percent from a year ago for its second quarter ending June 30, reaching $66.7 million.
Taiwanese sporting goods manufacturer Quan Shen will build a $25 million manufacturing facility in Tijuana next year to make golf club heads, creating 800 jobs.
Foreign exchange rates continue to dampen Callaway Golf Co.’s game, but the company is seeing more quarterly profit than last year.
Startup companies that hope to enter the EvoNexus incubators in San Diego and Irvine should warm up their computers and get ready to pitch.
Comerica Bank’s California Economic Activity Index grew in May, increasing 0.8 of a percentage point to a level of 120.5.