SD BUSINESS JOURNAL DAILY ENEWS
A locally based trust bought the 11-unit Gardena Gardens Apartments in Encinitas for $3 million.
Leap Wireless International Inc., the San Diego-based flat-rate cellphone service doing business as Cricket, reported a $640.8 million net loss for 2013 in what is expected to be its last annual securities filing before it completes its sale to AT&T Inc. later this month.
A history-themed venue featuring a 22,000-square-foot replica of a Colonial-era Boston tavern has opened in Carlsbad.
DJO Global Inc. has appointed Brady Shirley, an executive in the orthopedics industry, as president of its DJO Surgical brand.
Intrexon Corp. has completed its acquisition of San Diego-based Medistem Inc., the acquiring company announced.
Novatel Wireless Inc., the San Diego-based maker of wireless modems and software, reported a 2013 fourth quarter net loss of $21.3 million, compared with a net loss of $14.9 million in the like quarter of 2012.
San Diego’s unemployment rate increased to 7 percent in January from December’s rate of 6.5 percent, as the region’s net job loss during the month was 16,400, according to the latest report from the state’s Employment Development Department.
Some of the business events happening the week of March 10, 2014.
Funding for the second phase of the San Ysidro port of entry expansion project was included in the fiscal 2015 federal budget proposed by President Obama.
Encore Capital Group Inc. priced $140 million — the aggregate principal amount — of convertible senior notes due in 2021.
San Diego-based Emotient Inc., a maker of facial expression recognition software, has closed a $6 million Series B round of funding, led by Silicon Valley venture firm Handbag LLC.
Qualcomm Inc. said on March 6 that it will provide proximity beacons to 20 Major League Baseball parks for the 2014 season.
Tandem Diabetes Care Inc. reported sales of $29 million for the year ended Dec. 31, 2013, compared with $2.5 million for 2012.
Scripps Health broke ground on its new, $175 million medical office building at Scripps Memorial Hospital La Jolla – part of a $2 billion renovation plan for the campus.
Infosonics Corp., the San Diego distributor of cellphones and wireless devices mainly in South America, reported record fourth quarter sales, units shipped, and broke through for a small net profit.
The San Diego office of commercial real estate services company HFF Inc. has secured $23.5 million in refinancing for two apartment communities totaling 141 units in National City.
As baby boomers start retiring in waves and millennials step in to fill the void, business owners might be puzzling over management succession. Some take a very formal approach to the problem; others approach it casually.
Massachusetts-based Dunkin’ Brands Group Inc. plans a March 10 opening for its combination Dunkin’ Donuts/ Baskin-Robbins restaurant, at downtown’s Embassy Suites San Diego Bay hotel.
Balboa Park Celebration Inc., the nonprofit organization formed to put on a year-long series of events to commemorate the 1915 Panama California Exposition, voted to disband and cede all its authority to the city of San Diego.
Genetic testing company Sequenom Inc. is shaking up its leadership with a number of internal promotions.