SD FINANCE

Viasat Reports Net Loss and In-flight Wi-Fi Deal

Viasat reported a third-quarter net loss of $24.6 million on revenues of $381.8 million. It also inked a deal with United Airlines.

Co. Opens Location and Opens Its Heart With Donation

Arhaus LLC, a nationwide home furnishings company, donated $16,921 to Promises2Kids. Arhaus selected Promises2Kids as its charity of choice to receive 10 percent of sales during its recent grand opening event at Westfield UTC.

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Broadcom Pushes for Immediate Meeting; Qualcomm Says Merger Will Harm Business

With Qualcomm Inc. rejecting its latest bid, Broadcom urged Qualcomm late Feb. 8 to come to the negotiating table immediately, suggesting a weekend meeting in New York or a mutually convenient location.

Callaway Golf Reports Earnings for an Acquisitive 2017

Callaway Golf Co. closed out 2017 on a strong note, reporting net income of $40.8 million or 42 cents per share on net sales of $1.05 billion.

Altegris to Merge With Artivest, Creating $3 Billion Alternative Investment Platform

The combined firm will have 100 employees and service more than $3 billion in capital from offices in San Diego and New York.

Qualcomm Rejects Broadcom's New Bid

Qualcomm Inc.’s board rejected Broadcom Ltd.’s revised, $121 billion bid for the company, which Broadcom announced on Feb. 5.

Free Launch May End at EvoNexus

San Diego’s oldest startup incubator aims to help fledgling companies achieve sustainability. Now the nonprofit is taking steps to ensure its own long-term survival.

Key Leadership Changes Expected To Help Unlock Zesty.io’s Potential

Recently, Zesty's 33-year-old CEO stepped down to focus again on the technology underpinning the company's software, which is now being used by enterprise clients including Sony Electronics.

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Digital Marketing Agencies Combine to Offer Dental, Finance Expertise

Dental practice marketer Wonderist Agency has acquired Merger Labs, which works with PE and M&A pros.

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Broadcom Increases Bid for Qualcomm

Broadcom Ltd. increased its bid for Qualcomm Inc. to $82 per share, and has invited Qualcomm Executive Chairman Paul Jacobs to sit on the combined company’s board.

Bank Outgrows Name, Keeps Commitment to Communities

San Diego Private Bank, the locally based institution with branches in three counties, is renaming the company CalPrivate Bank.

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For Banks, Employees Tax Reform Pays

Local banks are taking a range of tacks when it comes to the consequences of the federal tax reform legislation signed into law in late 2017.

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Grant Helps Center for Children on Its Education Mission

Las Patronas, a La Jolla-based nonprofit, announced it awarded a $16,657 grant to the San Diego Center for Children Academy’s expansion project.

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Poway-Based Electrical Testing Equipment Co. Acquired by PE Firm

Vitrek CEO and cofounder Kevin Clark plans to retire after a transition period.

CUSTOM CONTENT: Increased Investments from China Create Unique Growth Opportunities for US Companies

Custom Content from the San Diego Business Journal

For companies in the United States, there’s never been a better time to attract investors from China and expand market share in Asia.

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