San Diego Business Journal

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Investment Firm Plots Safe Course for High Wealth Investors

FINANCE: Firm Has Own Research Team ‘Rate’ Bonds

Within weeks of breaking away from Morgan Stanley and starting his own bond management firm in 2008, Bill Gurtin said the municipal bond market froze up, the result of the housing bubble bursting and bond insurance companies collapsing under the weight of countless mortgage defaults.

Pure Financial Advisors Opening Office in Woodland Hills

Pure Financial Advisors, a Mission Valley-based financial planning and asset management firm, said it is opening an office in Woodland Hills on Feb. 23.

Home Bank of California Reports 2014 Net Income of $2.76 Million

Home Bank of California, with a single office in Kearny Mesa, reported 2014 net income of $2.76 million, compared to $2.3 million for 2013.

Company Rebrands Itself as Eastridge Workforce Solutions

The Eastridge Group of Staffing Cos. rebranded itself to become Eastridge Workforce Solutions.

PriceSmart Inc. Board of Directors Declares Cash Dividends

PriceSmart Inc. said its board of directors declared cash dividends of 70 cents per share, with 35 cents being payable on Feb. 27 to stockholders of record as of Feb. 13. Another 35 cents will be payable on Aug. 31 to stockholders of record as of Aug. 14.

Shareholder’s Opposition Part of Rocky Road for Merger

The planned merger of Chula Vista’s Vibra Bank and Pacific Commerce Bank in Los Angeles may not go as smoothly as the banks’ top management would like.

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Puck Stops Here: San Diego Gets Hockey Team

SPORTs: Minor League Franchise Is Owned By The Anaheim Ducks

Hockey is coming back to San Diego this fall, and it can’t be too soon, judging from the response the team’s owners received since the deal was announced.

When it Comes to Tech Jobs, San Diego Outpaces Nation

ECONOMY: Despite Layoffs, Region Sees Continued Growth

San Diego managed to buck a national trend last year that saw the elimination of more than 100,000 high-tech jobs. Even though the region sustained several high-profile layoffs, it was able to create more jobs to make up for the cuts.

MaxLinear Acquiring Entropic Communications

ACQUISITION: Cash And Stock Deal Is Valued at $287 Million

Two San Diego public semiconductor companies are joining forces.

Fannie, Freddie Say No; Lenders Say Yes

BANKING: Unusual Income Streams Don’t Stop Mortgages

Borrowers who can’t meet stricter federal guidelines for “qualified mortgages” are now being courted by mortgage lenders willing to make the loans, but at a higher price.

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