SD BUSINESS JOURNAL DAILY ENEWS
Locally Based Retailer Charlotte Russe Debuts New Store in Alpine
Women’s clothing and accessories retailer Charlotte Russe Inc., which is based in San Diego, recently opened a new store at Viejas Outlets in Alpine, its 11th in San Diego County.
Slacker Radio Adds 6 Million New Listeners Following Company Relaunch
Slacker, the San Diego-based online music provider, said since the relaunch of the company’s digital service in February it’s added six million new listeners, including more than half using mobile devices.
Halozyme Therapeutics Reports Revenue of $11.8M for Quarter Ended March 31
San Diego’s Halozyme Therapeutics Inc. reported revenue of $11.8 million for the quarter of 2013 ending March 31, up from $7.4 million from the same period in 2012.
Ralphs Opens Newest Local Supermarket in Point Loma
Ralphs Grocery Co. has opened the 23rd San Diego County location of its Ralphs supermarket in Point Loma.
Kratos Defense & Security Solutions Reports Net Loss of $10.3M for Q1
San Diego-based Kratos Defense & Security Solutions Inc. reported a net loss of $10.3 million on revenue of $252.8 million during the quarter ended March 31.
Business Events Calendar
Business events in and around San Diego County for the week of May 13 - May 19.
Lumena Pharmaceuticals Secures $23M in Series A Financing
Lumena Pharmaceuticals Inc., a San Diego-based manufacturer of liver disease drugs, has secured $23 million in Series A financing.
Summa Education Opens Second Office in Rancho Bernardo
Summa Education, an SAT test preparation business based in Carmel Valley, recently opened a second office in Rancho Bernardo to handle its expanded business.
Sur La Table Signs Lease for Third Local Store
Culinary supplies retailer Sur La Table Inc. has signed a lease to open a 6,720-square-foot store in La Jolla, which will be its third location in San Diego County.
E-Learning Mind Acquired by Capas Inc.
San Diego based E-Learning Mind said it was acquired by Capas Inc., a Detroit-based private equity investment firm.
Isis Pharmaceuticals Earns $3.5M in Milestone Payments
Isis Pharmaceuticals Inc. has earned $3.5 million in milestone payments from Weston, Mass.-based drugmaker Biogen Idec Inc.
Carlsbad to Seek Proposals for Development Near Golf Course
The city of Carlsbad will seek requests for proposals to develop portions of The Crossings at Carlsbad adjacent to the city-owned golf course.
LRAD Reports Second Quarter Sales of $3.2M
Rancho Bernardo-based LRAD Corp. reported a net loss of $459,000, or 1 cent per share, on revenue of $3.2 million during its recently ended second quarter.
Pacifica Host Hotels Renovating La Valencia in La Jolla
San Diego-based Pacifica Host Hotels is in the midst of a renovation of the historic La Valencia Hotel in La Jolla, which will include the addition of new suites and a signature spa in the final phase.
Novatel Wireless Reports Net Loss of $9.1M for Q1
Novatel Wireless Inc., the San Diego maker of wireless solutions for carriers, distributors and retailers, reported first quarter net loss of $9.1 million on revenue of $85.9 million.
Janssen Pharmaceuticals Inc. Enters Collaboration Deal with Scripps Research Institute
Janssen Pharmaceuticals Inc. has entered a five-year research collaboration deal with La Jolla’s Scripps Research Institute to study infectious disease, particularly influenza.
OliverMcMillan Begins Work on Downtown Apartments
San Diego-based developer OliverMcMillan and its investment partner, Capri Capital Partners of Chicago, recently began construction on The Lofts, a 208-unit apartment building in downtown San Diego.
Darren Pudgil Accepts New Job at San Diego Tourism Authority
Darren Pudgil, who has been the spokesman for such politicians as former San Diego Mayor Jerry Sanders, former Congressman Brian Bilbray, and the chief of staff to County Supervisor Ron Roberts, is the new vice president of communications and public affairs for the San Diego Tourism Authority.
Arena Pharmaceuticals to Receive $65M in Milestone Payments from Eisai Inc.
San Diego’s Arena Pharmaceuticals Inc. will receive $65 million in milestone payments from Japanese pharma company Eisai Inc. after receiving U.S. Drug Enforcement Administration approval of its weight loss drug, Belviq. This approval will allow the drug to be sold on the U.S. market.
Epsilon Gets $21.6M Navy Contract
The U.S. Department of Defense reported that it awarded San Diego-based Epsilon Systems Solutions a $21.6 million contract for technical services.
