BofI Holding Inc., parent of BofI Federal Bank, continues getting larger as it expands its repertoire of loan offerings.
ACCOUNTING: Forensic Accountants Pursue Financial Facts With Variety of Skills
Sifting through mountains of financial records to figure out the net worth of a person may not sound glamorous, but it’s the stuff that gets forensic accountants excited.
FINANCE: Hiring Is Across the Board, Salaries on the Rise
Always in fairly high demand, workers with accounting and finance experience are finding increased job opportunities as companies gradually expand operations, and competition for top talent ratchets up.
RETAIL: Appetite For Healthier Foods Spurs Growth of Chain
Sprouts Farmers Market LLC, the natural foods retailer whose origins go back to a fruit stand on El Cajon Boulevard in 1943, filed to go public earlier this month and raise about $300 million.
REAL ESTATE: Homes Above $1M Rising, But Still Below 2008 Median
San Diego’s median home prices continued climbing last month with the increases in the luxury category, above $1 million, rising faster than the rest of the market, say housing industry sources.
MANUFACTURING: Change Made Economic Sense
Fallbrook Technologies, the San Diego-based maker of gearless transmissions, is closing down its headquarters office and relocating to Texas.
LEADERSHIP: Analysts Take News in Stride, Shares Rise
Two San Diego public companies, Active Network and Encore Capital Group, replaced their chief executive officers, although one change occurred suddenly and without reason.
California Bank & Trust, San Diego’s largest locally based bank with about $11 billion in assets, reported a slightly better first quarter, netting $31.9 million, up from $29.7 million in net income in the same quarter a year earlier.
TRADE: Mexico is Top Trading Partner, Driven By Maquiladoras
The value of goods exported and imported through San Diego continues to grow, largely thanks to its biggest trading partner, Mexico, which makes up about 86 percent of the total trade, according to a recent report from a local think tank.
Sempra Energy, San Diego’s parent to San Diego Gas & Electric and other entities, reported first quarter net income of $178 million, down from $226 million in net income for the first quarter of 2012.