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.
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.
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.
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.
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.
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.