SD FINANCE

Home of The Month: A Spanish Treasure

Only the terracotta-tiled roofline of a Spanish Colonial estate near the heart of downtown Rancho Santa Fe is visible from the street.

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Climate Curriculum Emphasizes Environment, Engagement

The San Dieguito River Valley Conservancy was awarded $7,500 from San Diego Gas & Electric to support SDRVC’s climate-science curriculum, “Microclimates on a Macro Scale,” which is a part of the conservancy’s Watershed Explorers Program.

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Viasat Grows Revenue, Says More Expansion to Come

Viasat Inc. recorded a higher net loss — and higher revenues — in its latest quarter.

NuVasive and Siemens Form Partnership

NuVasive Inc. said Aug. 9 that it has formed a strategic partnership with Germany-based Siemens Healthineers.

Startup S.D. Looks for Impact From New Leader

Ocean Beach resident Jarrod Russell, 35, has had an eclectic career.

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Cubic’s Quarterly Sales Reach $296.2M

Cubic Corp. reported net income of $6.3 million on net sales of $296.2 million for its third quarter, which ended June 30.

Sempra Subsidiary Agrees to $119.5M Legal Settlement

Sempra Energy subsidiary SoCalGas announced on Aug. 8 that it will settle certain legal claims against it stemming from the leak at the Aliso Canyon natural gas storage facility.

Both Sellers and Buyers Seeing Opportunity in Hot M&A Market

FINANCE: Conditions Seen As Continuing Through 2019

A University City-based investment bank that advises companies on mergers and acquisitions has beefed up its roster in expectation of a surge of M&A activity.

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S.D. Bankers Help Umpqua Bank Make the Connections For Banking Relationship Success

Joe Quinn, chief financial officer of defense contractor Epsilon Systems Solutions, needed to close a deal before year’s end.

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Inseego Receives $19.7M Private Placement

Inseego Corp. said Aug. 6 that it received a private placement of $19.7 million from an affiliate of Tavistock Group as well as North Sound Partners.

Samumed, San Diego Biotech Developing Regenerative Drugs, Announces $438M Financing Round

Company is developing treatments for a broad range of diseases, including a variety of cancers and Alzheimer’s.

With Impairment Charges, Sempra Swings to 2nd Quarter Loss

Sempra Energy reported a net loss of $561 million, or $2.11 per share, on revenue of $2.56 billion in its second quarter.

Emerald Textiles Acquired

Encore Textile Services has acquired Emerald Textiles, a San Diego-based health care linen service provider.

Bank of Southern California Completes Americas United Acquisition

Acquisition increases Bank of Southern California assets to about $720 million.

BofI Federal Bank Agrees to Acquire $3B in Deposits from Nationwide Bank

Deal, anticipated to close in fourth quarter, would increase BofI deposits by more than one-third.