SD BUSINESS JOURNAL DAILY ENEWS
San Diego-based Garden Fresh Restaurant Corp., which operates more than 100 Souplantation and Sweet Tomatoes restaurants in 11 states, is selling the company's assets to affiliates of New York-based private investment firm Cerberus Capital Management L.P. and its partners.
Shares of San Diego-based WD-40 Co. fell more than 10 percent Tuesday after the company’s first-quarter earnings, released Monday, fell short of expectations.
Bridgepoint Education Inc. has appointed a new senior vice president, Tom McCarty, to serve as chief marketing officer.
A plan by the Teamsters union to conduct a one-day labor strike Jan. 10 by clerical workers across the University of California system has been met with recrimination by UC San Diego Health, which said it plans to keep its facilities open during what it called a potentially illegal job action.
San Diego-based Mirati Therapeutics Inc. said Jan. 6 that it priced its initial public offering at $5.60 per share, raising up to $65 million before underwriting and related expenses. The offering is expected to close Jan. 11.
The scientists and attorneys at Qualcomm Inc. have been busy.
A local economic index jumped in November by its biggest margin in more than half a year, owing to improvement in the areas of consumer confidence, residential permitting activity and initial claims for unemployment.
Sharp Chula Vista Medical Center’s chief medical officer has been appointed to a board that helps a number of state and regional groups improve industry performance and foster innovation.
Illumina Inc. kicked off the J.P. Morgan Healthcare Conference with a bang Monday morning when the company announced a partnership with IBM Watson that could revolutionize cancer care.
Following a major clinical trial flop, San Diego’s public biotech Mast Therapeutics Inc. will merge with Austin, Texas-based Savara Inc.
Illumina Inc.’s much-touted cancer test venture, GRAIL, is spinning out from its San Diego-based parent and raising $1 billion to develop its technology.
A recent securities filing shows Cohu Inc. is keeping its options open, and might want to raise more funds to finance future business opportunities.
Versant Ventures, a global health care investment firm, announced it has appointed Clare Ozawa to lead investments in San Diego and in the Bay Area in preparation for the launch of its new $400 million fund.
Legoland California Resort has scheduled a Jan. 18 groundbreaking for its planned new castle-themed hotel, which will be the second on-site hotel at the Carlsbad park.
Just before two public hearings on the matter, San Diego Gas & Electric Co. made its case to local news media Jan. 6 why it wants ratepayers to pay 90 percent of the remaining $421 million in unrecovered costs from three devastating 2007 wildfires CalFire officials have blamed on the utility’s power lines.
Some of the business events scheduled in the county for the week of January 9, 2017, and beyond.
The San Diego Business Journal’s annual Book of Lists party is on and you are invited.
San Diego sister broker-dealers CUSO Financial Services LP and Sorrento Pacific Financial LLC have launched a new mobile application for use by the companies’ investment clients.
Maria P. Kunac, the former CEO of San Diego Private Bank, has been tapped by Silvergate Bank to run its biggest lending unit.
San Diego digital health company AristaMD has received a $500,000 investment from the Philadelphia College of Osteopathic Medicine’s Primary Care Innovation Fund.