Stories for July 2012

Tuesday, July 31

Cubic Receives $9M Contract Extension From LA Metro

Cubic Transportation Systems, a business segment of San Diego’s Cubic Corp., said it received a $9 million extension on an existing contract it has with the Los Angeles County Metropolitan Transportation Agency for a smart card fare collection system, branded as TAP.

Websense Net Income Increases

Websense Inc., the San Diego maker of web security software, reported second quarter net income of $7.9 million, compared with net income of $4.4 million in the like quarter of 2011.

OneRecovery Chooses New Name to Reflect Widening Focus

OneRecovery Inc. in Solana Beach is changing its name to OneHealth Solutions Inc. to more accurately reflect its focus on helping people improve their health and well-being beyond addiction recovery.

Coronado First Bank Generates Profit After Merger

Coronado First Bank, purchased by Embarcadero Bank last year which adopted the acquired bank’s name, said its unaudited, second quarter net income was $329,000; and net profit for the first half was $573,000.

Port Seeks Proposals for $500,000 in Environmental Projects

The Port of San Diego is requesting proposals for up to $500,000 in environmental projects expected to benefit San Diego Bay and surrounding tidelands.

ConVis Honored by Four National Industry Magazines

San Diego Convention & Visitors Bureau, also known as ConVis, recently racked up awards from four national magazines serving the convention and meetings services industry.

Monday, July 30

Planners Give the Green Light to Fat City Hotel Project

The San Diego Planning Commission has denied an appeal filed by a hotel workers union, clearing the way for construction to begin next year on a dual-hotel downtown project at the former Fat City/ China Camp restaurant site.

Balfour Beatty Gets $35.5 Million Order for Pendleton Hangar Project

The San Diego office of Balfour Beatty Construction has received a task order of approximately $35.5 million, to replace an existing double hangar at Marine Corps Air Station Camp Pendleton near Oceanside.

California Economic Activity Index Shows Some Gains

California’s economy is showing some momentum this year after flat-lining through most of 2011 according to an economic index prepared by Comerica Bank.

United Technologies Completes Goodrich Corp. Acquisition

United Technologies Corp., a Connecticut-based defense contractor, completed its acquisition of Goodrich Corp., the parent firm of Goodrich Aerostructures based in Chula Vista.

Envision Solar Signs International Development Deals

Envision Solar International Inc. — whose flagship product, the Solar Tree, generates energy and provides shade in parking lots at the UC San Diego, Kyocera Communications and locations nationwide — has signed new business development deals in the United Arab Emirates, Qatar and Spain.

Excel Trust Expands Credit Facility to $250 Million

Retail-focused real estate investment firm Excel Trust Inc. has announced an amendment to an existing unsecured credit facility, raising the dollar amount and lowering the interest rate as it looks to expand its portfolio.

Cohu Reports Net Loss of $2.1M for 2nd Quarter

Cohu Inc., the Poway maker of semiconductor testing equipment, reported a second quarter net loss of $2.1 million on $59.4 in revenue, compared with a net profit of $5.1 million on $80.9 million revenue in the like quarter of 2011.

Firm’s Software Brings Together Resources for Patients’ Recovery

MEDICINE: Clinical Trials Are Under Way to Test Effectiveness, Cost Savings

When Naser Partovi’s wife, Ioana, was diagnosed with breast cancer in January 2008, he took time off from running a wireless company in San Diego called Sky MobileMedia and took on the role of caregiver.

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IT Improvements Contribute to Quality Care at Center

TECHNOLOGY: Firm Tailors System to Needs Of Doctors and Patients

Locally based centrexIT keeps the San Diego Cardiac Center running in top condition with periodic updates and recent upgrades to its information technology systems.

App Puts Doctor’s Orders on Your Phone

MEDICINE: Prescription Reminders Delivered Discreetly

More than three million hospitalizations and 125,000 deaths annually in the U.S. can be attributed to patients not taking their medications as prescribed, costing an estimated $290 billion in avoidable medical spending, according to a research brief by the New England Healthcare Institute.

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Bidders Show Interest Is High in Multifamily

REAL ESTATE: Buyers Keep Looking for Deals; Property Sells for $91M

Tight supply and continued low interest rates, combined with ample capital seeking alternatives to a rocky stock market, have kept San Diego County apartment buildings popular with investors so far in 2012.

USFL Returns With A New Game Plan

SPORTS: It Is Not Looking To Compete With the NFL

In a nation that’s gone absolutely bonkers over professional football, the idea of launching a spring league isn’t so far-fetched.

Deposit Slips

BANKING: S.D.’s Bank Accounts Look Lean in Comparison

The population of San Diego County is second largest in the state, but when measuring bank deposits it comes in a distant fifth place among the other large counties in California.

Business Needs to Nurture Its Next Workforce

What is the one crucial factor that can make or break a local business community?

Trade Pact Could Deliver Jobs and Growth

Earlier this month, some of America’s most important Pacific trading partners converged in San Diego for further discussions to negotiate expanded trade in the Pacific region.

San Diego Steps Up to Support Hospital and Children

Rady Children’s Hospital-San Diego announced that “The Campaign for Rady Children’s,” to raise $220 million to care for the sick and injured children of San Diego, reached its goal six months early with a total of $221,308,322 contributed

The Best Buildings Deliver ‘Class-A’ Returns for Their Owners

REAL ESTATE: The Properties Benefit from Location, Even Neighbors

Which of the dozens of gleaming Class A office properties in San Diego County generate the best returns for the owners?

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Executive Profile: Scott Kaats

Scott Kaats is CEO of Bycor General Contractors Inc.

Outlying Areas Have Built It; Now, Will the Tenants Come?

STRUCTURES: Otay Mesa Draws Industrial Business; North County Offers Deals

San Diego County’s industrial property story has long been a tale of haves and have-nots.

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Yesteryears’ Losses Look Good Today in Terms of Taxes

Startup banks usually lose money but the upside is down the road, those losses reduce future tax bites.

From Alumni Post, He Can Get The Red and Black Some Green

McKenna Long & Aldridge LLP partner William (Bill) T. Earley has been elected president of the San Diego State University Alumni Association.

Hotel Tower Part of Casino Expansion Being Considered

GAMING: Steakhouse, Nightclub, More Slots Part of Harrah’s Vision

The Rincon San Luiseño Band of Mission Indians is weighing whether to build a second, 21-story hotel tower and whether to expand the gaming floor of its Harrah’s brand casino, located on its reservation northeast of Escondido.

Test Tailors Therapies to Individual Pancreatic Cancer Patients

HEALTH CARE: The Urine-Based Test May Detect Other Cancers

San Diego-based TrovaGene Inc. aims to be the first company to introduce a urine-based test that will determine whether a specific therapy is effectively reducing a patient’s pancreatic cancer.

Kinder, Gentler Tanning Bed Delivers ‘Customized Rays’

TECHNOLOGY: System Adjusts Intensity Based On User’s Melanin Levels

For those who extol the virtues of moderation even when it comes to getting a tan there’s a system new to the United States and made available locally by iTAN Sun Spray Spa that virtually eliminates overexposure to ultraviolet rays.

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Local Teen’s Feel for Music Earns Recognition

A future startup in the making? The judges at the recent Google Science Fair in Silicon Valley declared Jonah Kohn, a student at the San Diego Jewish Academy, the winner in the 13-to-14-year-old age group for his entry, a project in which he converted sound waves into tactile vibrations, thereby, potentially providing a better experience of music to the hearing impaired.

Verenium Moves to New Office Space Near UC San Diego

Biotech: Company Downsizes Due to Sale of Business Unit

Verenium Corp., an industrial biotech company that develops environmentally friendly high-performance enzymes, recently celebrated the grand opening of its new office and laboratory building in Torrey Pines.

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Chiropractic Franchise Makes Some ‘Market Adjustments’

HEALTH CARE: Outlets Tap Successful Model of Regular, Walk-In Visits

Maintaining a healthy spine can be as routine as a visit to a gym now that The Joint Corp. is introducing its chiropractic franchises to San Diego.

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Technology Creates 3-D Maps of Heart’s Electrical Activity

HEALTH CARE: They Allow More Precise Treatment of ‘Hotspots’

Topera Medical Inc.’s RhythmView technology, which is a GPS of the heart’s electrical activity, is steadily gaining attention among U.S. physicians who diagnose and treat atrial fibrillation, the most common disorder of heart rhythm.

Venture Capital Is Still Flowing In 2nd Quarter

FINANCE: Region Is on Pace for Best Showing in 3 Years

Venture investment into San Diego continued an upward trend in the second quarter, with the latest numbers appearing to be on track to exceed the total invested for all of 2011, according to the latest MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association.

Firm Finds Success Attending to Need for Student Housing

REAL ESTATE: Pierce Looks for Right Schools; Sector Safer in Downturns

Studying real estate and finance during his undergrad and grad-student days at San Diego State University, Frederick W. Pierce learned some valuable lessons about higher education’s business impact beyond the campus.

Power Analytics Participates in SunShot Program

Local software company Power Analytics is participating in the U.S. Department of Energy’s SunShot Initiative, a collaborative effort to make solar energy costs competitive with other forms of energy by the end of the decade.

Friday, July 27

Firm and Journal to Collaborate on Monthly Small Business Survey

San Diego-based Vistage International, a peer advisory organization for senior-level executives, announced its launch of a monthly survey of small business CEOs that will be published by the Wall Street Journal.

1st Auto Transport Acquired by DealerTrack

DealerTrack, a Lake Success, N.Y. software firm, said it acquired San Diego-based 1st Auto Transport Directory Inc., an online vehicle transportation network for $74 million in cash.

Callaway Golf Declares Quarterly Stock Dividends

Callaway Golf Co. has declared a regular quarterly cash dividend of 1 cent per share on its common stock. The Carlsbad-based sporting goods maker said in a statement that the dividend is payable on Sept. 17 to shareholders of record at the close of business on Aug. 20.

Revenue, Operating Funds Rise at Realty Income Corp.

Realty Income Corp. of Escondido saw second-quarter revenue rise 13.8 percent and funds from operations increase 7.1 percent from the like period a year ago.

Joint Funding Will Provide $40M for CoDa Therapeutics

San Diego-based CoDa Therapeutics Inc. will receive $40 million from a group of investors led by Domain Associates LLC, with offices in San Diego and Princeton, N.J., and Rusnano, based in Russia.

Thursday, July 26

San Diego Airport Re-Opening Parking Lot Near Terminal 2

San Diego International Airport is re-opening the short-term parking lot in front of Terminal 2, which had been relocated for 15 months as part of the airport’s $1 billion Green Build expansion project.

City Employees Win Bid to Run Miramar Landfill

San Diego city employees at the Miramar Landfill were the latest to retain their work following the announcement by Mayor Jerry Sanders that the group’s proposal in a managed competition with outside vendors saves the city the most money.

Cymer Reports 2nd Quarter Results

Cymer Inc., the San Diego maker of lasers used by manufacturers of semiconductors, reported second quarter net income of $9.6 million, compared with net income of $27.7 million for the like quarter of 2011.

Impairment Charge Affects Illumina’s 2nd Quarter Profits

Illumina Inc. recently reported that revenue and GAAP net income were lower in the second quarter 2012 when compared to the like quarter of the previous year, primarily because of an impairment charge of $21.4 million on the value of an early-stage technology it acquired in a 2010 purchase.

Wednesday, July 25

Smithson Named President of CleanTech San Diego

Holly Smithson is taking charge of CleanTech San Diego as president and chief operating officer through unanimous appointment by the organization’s Executive Committee of the board of directors.

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Trust Buys Golden Hill Building to House San Diego Reader

Holman Family Trust has purchased the Art Union Building in San Diego’s Golden Hill area, where it plans to house its business, the San Diego Reader.

Reno Contracting to Work With County on Sustainable Practices, Cost Savings

San Diego County selected Reno Contracting, based in San Diego, to lower energy and operational costs and reduce greenhouse gas emissions and water consumption by the county’s over 1,100 facilities, which range from offices to jails, according to the general contracting company announcement.

Fleet Monitoring Companies Resolve Patent Litigation

DriveCam Inc. and SmartDrive Systems, two San Diego companies providing video recording systems to vehicle fleets, agreed to resolve all outstanding patent litigation and trade secret claims between the companies concerning their respective products, the companies said earlier this month.

Zeeto Media’s Popularity, Staff Increase

Zeeto Media, a San Diego premium content publisher, said it’s grown from four to more than 33 employees over the past year.

Qualcomm Reaches Agreements on Wireless Charging Technology Development for Cars

Qualcomm Inc. said it struck agreements with two European companies to further the development and testing of its wireless vehicle charging technology.

Tuesday, July 24

Local Builders Get $18.3M Contract for Readiness Center

A joint venture that includes Escondido-based Silva General Construction Inc. and the San Diego office of Balfour Beatty Construction has received a contract for more than $18.3 million to build a military training center in Los Alamitos.

Life Technologies Throws Its Biotech Hat Into the $10M X Prize Ring

Life Technologies Corp., with headquarters in Carlsbad, will compete in the global competition for the $10 million Archon Genomics X PRIZE, to be awarded to the first entrant that rapidly and accurately sequences the entire DNA codes of 100 people at a cost of $1,000 or less.

Neology Adds 2 More Patents to California Lawsuit

Radio-frequency identification technology specialist Neology Inc. said that it has added two patents to its most recent lawsuit against Illinois-based Federal Signal Corp. and related companies. The original lawsuit was filed in May 2012 in the Central District of California of the U.S. District Court.

Two Land Buys Are Part of Efforts to Protect the Environment

Two recent land purchases in San Diego’s back country aim to preserve the natural habitat of rare plants and animals.

Monday, July 23

Jobless Rate Rises to 9.2 Percent

San Diego’s unemployment rate increased in June to 9.2 percent, up from 8.8 percent in May, according to the state Employment Development Department’s latest report.

Commission Votes Down Santee Power Plant; Backers Vow Appeal

The San Diego Planning Commission voted to deny the rezoning of an open space area proposed for a peaker power plant next to Mission Trails Regional Park and the city of Santee.

Obalon Gets $16.5M in Venture Capital

Carlsbad-based Obalon Therapeutics Inc. closed a $16.5 million series C private equity financing led by InterWest Partners of Menlo Park.

Verenium Moves to New Space Near UC San Diego

Verenium Corp., an industrial biotech company that develops environmentally friendly high-performance enzymes, recently celebrated the grand opening of its new office and laboratory building in Torrey Pines.

Making Diversity a Top Priority

WORKFORCE: Women Look to Take Leadership Roles on Company Boards

Karin Eastham wants to bring something to company boardrooms: conflict.

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New Tool Tackles Alzheimer’s Diagnoses

MEDICINE: Local Center Is One of First to Use Procedure

Imaging Healthcare Specialists is leading the way locally and is among the first nationally to offer a brain imaging system to detect Alzheimer’s disease in patients.

New Tool Tackles Alzheimer’s Diagnoses

MEDICINE: Local Center Is One of First to Use Procedure

Imaging Healthcare Specialists is leading the way locally and is among the first nationally to offer a brain imaging system to detect Alzheimer’s disease in patients.

There Is No Storybook Ending For Your Baby Can Read

Carlsbad-based Your Baby Can, which sold Your Baby Can Read kits to “teach” infants as young as 3 months old to read, has apparently read the handwriting on the wall — and shuttered its doors.

Hospitals Have Finger on Pulse of Technology

MEDICINE: ‘Most Wired’ Designation Recognizes Three Local Institutions

Sharp HealthCare, Rady Children’s Hospital-San Diego and UC San Diego Health System are making strides to improve quality of patient care on an unexpected level — through their information technology systems.

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Flight to Value Lands on Class B’s Doorstep

PROPERTY: Class A Deals Hard to Find as Companies Expand

Experts say Class B office properties, usually older buildings not located in the most prime locations, are steadily moving to center stage when it comes to new leasing in San Diego County’s high-demand submarkets.

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Mayor Goes on Offensive Against Sequestration

The prospect of federal spending cuts is triggering alarm at home and around the country.

Firm Aims to Put Cancer Cells on Path of Self Destruction

BIOTECH: First-In-Class Drug Said to Take Out Target in Safe Manner

San Diego-based Cylene Pharmaceuticals soon will begin the first clinical trials of a first-of-a-kind drug.

EarthRisk’s Forecasts Take Literal Look at Business Climate

TECHNOLOGY: Firms Gauge Upcoming Demand From Weather

Business is heating up for EarthRisk Technologies Inc.

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Venture Capitalist’s Quest Keeps Him Invested in Southland

INVESTING: Moore Finds Worthy Gambles In San Diego County

Though he’s on a quest, venture capitalist Terry Moore’s no Don Quixote tilting at windmills.

Competition Still Keen In Obesity Drug Market

BIOTECH: Orexigen Sees The Need For More Weight-Loss Options

Although Arena Pharmaceuticals Inc., was first to the FDA finish line with its weight-loss drug Belviq, another San Diego company Orexigen Therapeutics Inc. is not slowing its pace in developing its obesity drug, Contrave, said Michael Narachi, president and CEO of the La Jolla-based biotech.

Retail Outlets Are Still Placing Their Bets on San Diego

Retail sales nationally have recently flattened out, but that hasn’t stopped a steady parade of U.S. and global retailers announcing or opening new San Diego County stores over the past year.

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Companies Find Diverse Boards Makes Dollars and Sense

WORKFORCE: Valuable Input Is Brought to the Decision-Making Process

Women are more than half of the U.S. population and control two-thirds of U.S. consumer purchasing power.

Executive Profile: Marilyn O’Neill

Marilyn O’Neill is the founder and CEO of Nautilus Environmental, a feisty little company of scientists applying toxicology, biology, and ecology to understand, to navigate and to solve complex environmental issues.

BevMo! Plans Store at Santee Retail Center

Santee City Council has approved a permit allowing Beverages & More Inc. to open a new location of its BevMo! retail store chain, planned for a space at 9755 Mission Gorge Road.

Regional Report

News and notes from communities around San Diego County

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Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

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Donation Brings Healing Resources to Cancer Patients

The Douglas E. and Nancy J. Barnhart Charitable Foundation contributed $1 million to Sharp Chula Vista Medical Center for The Douglas & Nancy Barnhart Cancer Center at the Chula Vista location. Douglas Barnhart’s construction portfolio includes projects such as Petco Park, San Diego International Airport and Chargers Training Stadium.

Racing Season Starts, Spending Takes Off

SPORTS BIZ: Del Mar Melds Sport of Kings, Facebook Era

The Del Mar Racetrack turned 75 this year, but has a decidedly youth-oriented approach to promoting and planning the annual horse races that have become a high-profile industry event and regional economic generator.

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ViaSat Gets National Exposure in Australia

INTERNET: $240M Deal May Open Doors Elsewhere

ViaSat Inc. has signed a multimillion-dollar electronics deal that will help the Australian government deliver broadband Internet, by way of satellite, to people in that country’s most remote regions.

Buy Brings More Diagnostics to Life

BIOTECH: With Navigenics, Firm Gains Specialized Lab

Carlsbad-based Life Technologies Corp. has taken the first step toward expanding its molecular diagnostics business by acquiring Navigenics Inc., a San Francisco-based company that provides genetic testing and analysis services.

We Brake for Life

VEHICLE: New Brakes Go The Distance In a Green Way

Douglas Wall can talk business. Nathan Meckel can talk technology. But for now, they are talking about car chases.

Friday, July 20

Qualcomm Stock Rises 4 Percent After Earnings Report

Shares of Qualcomm Inc., traded under QCOM on Nasdaq, were up more than 4 percent to $58.54 on July 19, following the company’s release of its third quarter results which included both higher revenue and net profit than a year earlier.

UCSD Health Clinic Gets New Landlord at Hillcrest

Coast Income Properties Inc. of San Diego has purchased a Hillcrest medical office building known as Lewis Medical for $9.7 million.

Power Analytics Exhibits Software at Capitol

Power Analytics, a Rancho Bernardo-based software company, is participating in a program and technology exposition at the state’s capitol as part of Navy Week festivities.

LA Fitness Pumping $5M Into Local Club Renovations

LA Fitness plans to invest more than $5 million to remodel 10 of its sports clubs in San Diego County this summer and fall.

County Treasurer Seeks Owners of Unclaimed Cash

San Diego County Treasurer-Tax Collector Dan McAllister says he has nearly 800 unclaimed cash accounts amounting to almost $200,000 that he’s trying to return to the rightful owners.

Thursday, July 19

Hyatt Place Hotel Opens in Vista

Rim Hospitality of Newport Beach has opened a new Hyatt Place hotel in Vista. It is the third Hyatt Place property in the hotel management company’s national portfolio of more than 90 hotels in 19 states, the firm said in a statement.

Gathering Looks for Essence of Good Marketing

The essential element of a can’t-miss marketing campaign is … what? The San Diego Business Journal’s inaugural Marketing Professionals Awards will take a dive into that issue, and other topics pertinent to the field.

Wednesday, July 18

Biotech Tool Gets Rave Review; BioNano Genomics Raises $10M

The utility of San Diego-based BioNano Genomics Inc.’s Irys platform for structural variation analysis and de novo assembly of next generation DNA sequencing data has been demonstrated by researchers at UC San Francisco’s Institute for Human Genetics and Cardiovascular Research Institute, according to a paper published recently in Nature Biotechnology.

Westin San Diego Part of $495M Portfolio Deal

DiamondRock Hospitality Co. of Bethesda, Md. has agreed to buy a portfolio of four hotels for approximately $495 million, including Westin San Diego.

Qualcomm’s Bill Davidson Headlines Marketing Professionals Event

Qualcomm Inc. executive Bill Davidson will be keynote speaker for the San Diego Business Journal’s inaugural Marketing Professionals Awards, set for the evening of July 26 at the Paradise Point Resort & Spa.

BioSurplus Grows in Boston

Investments are enabling San Diego-based BioSurplus Inc., a provider of used lab instruments and equipment management services, to rapidly expand at its recently opened Boston office.

Tuesday, July 17

Trigild CEO Appointed Liquidating Trustee of $1.6B Portfolio

Trigild Inc. CEO William Hoffman has been appointed liquidating trustee for a $1.6 billion real estate portfolio, stemming from a bankruptcy filing by two Los Angeles companies that own the investments.

Tealium Receives $10.5M in Series B Funding

High tech startup Tealium Inc. said it received $10.5 million in series B venture capital from Boston-based Battery Ventures. The investment follows a $1.1 million series A contribution in January.

Irvine Co. Buys Mission Valley Office Tower for $52M

The Irvine Co. of Newport Beach has purchased the 13-story Centerside I office building in Mission Valley for $52 million, according to CoStar Group.

ViaSat Signs Deal to Provide Satellite Broadband Access in Australia

ViaSat Inc. has received a deal valued at more than $240 million that will help deliver broadband access to people in the most remote regions of Australia, including outback areas and distant territories such as Christmas Island and Norfolk Island

Harper Gets $37.8M Contract for Army Facility

Harper Construction Co. Inc. of San Diego has been awarded a contract of more than $37.8 million, for construction of a tactical equipment maintenance facility at Fort Sill in Oklahoma.

Monday, July 16

TearLab Raises $7.9M in Stock Offering

San Diego-based TearLab Corp. is selling 2.5 million shares of its common stock at a price of $3.17 per share, for gross proceeds of about $7.9 million, in an underwritten registered financing.

Duty Free Store Set for Arrival at San Diego Airport

San Diego International Airport officials have approved plans for a new duty-free store, to be built in Terminal 2.

General Atomics ASI Awarded $411M Drone Contract

The U.S. Army has awarded General Atomics Aeronautical Systems Inc. of Poway a $411 million contract for unmanned aircraft.

Medical Structures to Rise in Ramona and Poway

Pacific Medical Buildings of San Diego is putting up two major projects for Palomar Health.

East County Firm Has Global Outlook

East County Firm Has Global Outlook HEALTH CARE: Scantibodies Grew From North Park Garage

Scantibodies Laboratory Inc. has come a long way from its startup roots in the garage of Tom and Cheryl Cantor’s North Park home in 1976.

Water Rate Increases May Dry Up Profits

WATER: Some Firms, Agriculture Can’t Pass Along Additional Costs

CP Kelco is one of the region’s water-use-intensive businesses that will feel more than a pinch from the San Diego County Water Authority board of directors’ recent decision to raise water rates by almost 10 percent.

Home Health Care Industry May Be Solution to Soaring Costs

MEDICiNE: Cost of 4 Hospital Hours Same As 60 Hours Home Care

Four San Diegans who cashed in their 401(k) plans to invest in a once failing business are seeing a dramatic turnaround.

8minutenergy Signs Pact With SDG&E

8minutenergy Renewables, a Sacramento-based independent solar photovoltaic developer with an office in San Diego, has agreed to supply San Diego Gas & Electric Co.’s power network with 200 megawatts of clean, renewable utility-scale solar PV power from its solar project in Imperial Valley.

Companies Look to Curb Energy Appetites of Devices

TECHNOLOGY: Systems Designed to Know When To Reduce Battery Drain

Why can’t the battery last longer? Local venture capitalist Rick Cooper says that’s among the top three concerns coming out of consumers’ mouths when they discuss their smartphones or tablet computers in focus groups.

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Local Firm Acquires Apartments in Denver, Long Beach

Pathfinder Partners LLC of San Diego, which invests nationally in distressed real estate assets, recently closed two apartment transactions in Denver and Long Beach for a total of approximately $15 million.

Newcomers to the List – Six Debuting in the Top 10

San Diego Business Journal 100 Fastest Growing Private Companies

858graphics Airsupply Tools Inc. Code Micro Inc.

A Competitive Race Is on to Find a Longer-Lasting Battery

WIRELESS: Huge Markets Draw Firms To Difficult Challenge

The trick of extending battery life on smartphones and tablets is “a big problem and a big opportunity,” said Rick Cooper, a San Diego-based venture capitalist and treasurer for the Tech Coast Angels.

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Comic-Con’s Action Stars

EVENT: Workers, Companies Fill Demanding Roles at Event

San Diego Pretzel Co. owner Harris Golden says his company’s 15-year association with Comic-Con International is “almost as good as being a superhero.”

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Bridgepoint May Find Itself at a Crossroads

EDUCATION: College’s Accreditation Is Pivotal Issue

Bridgepoint Education, one of San Diego’s fastest-growing companies that now has about 5,000 employees here, could move a substantial part of its local operations outside the state to retain its current accreditation.

Project Pulls Trigger on Starting Gun for Growth

BUILDING: Lemon Grove’s Citronica Seen as Key Catalyst

Hitzke Development Corp. of San Marcos is in the midst of Citronica, a two-phase, $35 million mixed-use development deemed a crucial piece of a multipart strategy to revive the commercial hub of Lemon Grove.

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Executive profile: Min-Liang Tan

Min-Liang Tan is the founder and CEO of Razer, an interactive global gaming company with headquarters in Carlsbad and offices in San Francisco, Austin, Texas; Germany, Singapore, China and Korea.

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Possible Gillespie Field Redevelopment Takes Its First Steps

AIRPORT: Aerotropolis Concept Provides the Vision for Planning

For people like developer and hotelier Willis “Bill” Allen, who operates Allen Airways Flying Museum at Gillespie Field in El Cajon, the future is unfolding very slowly for a portion of the county-run airport that was once Cajon Speedway.

Congratulations to This Year’s 100 Fastest Growing Private Companies

San Diego Business Journal 100 Fastest Growing Private Companies

858graphics Advanced Chemical Transport Airsupply Tools Inc. Alpha Mechanical Inc. Auto Claims Direct

Creative Couture Made This Fete Stand Out in the Crowd

The San Diego Symphony Tux ’n Tennies Summer Bash 2012 was held at the Embarcadero Marina Park South.

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The Roberts Court Makes a Big Decision … No, Not That One

The most interesting thing about last month’s United States Supreme Court rulings was not that ObamaCare was upheld, but the establishment of the “John Roberts” Court, according to Erwin Chemerinsky, dean of the UC Irvine School of Law.

Canadian Regulators OK Optimer Drug

Optimer Pharmaceuticals Inc.’s twice-daily antibiotic tablet Dificid has been approved by Health Canada for the treatment of Clostridium difficile infection in adults 18 years of age and older.

Gaining Traction – A Number of Companies Have Made the Top 100 At Least Three Years in a Row

3 Years on The List AutoClaims Direct Inc. ChiroTouch

Firm’s Antibodies Go To Work for Wellness

BIOTECH: Investors Back This Innovative Platform

AnaptysBio Inc., based in Sorrento Mesa, is in an unusual position for a biotech company.

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Jet Lands a Starring Role At Open House

Lots of business news in North County. California Pacific Airlines’ recent open house drew a couple hundred curious civic and political leaders, not to mention business folk to McClellan-Palomar Airport.

Manufacturing Still Important for the Region

ECONOMY: Costs and Regulations Some of Challenges for Sector

They still make things in San Diego, just not bombers, rockets and hunting knives.

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Otay Mesa Industrial Market Is Drawing Tenants, Interest

REAL ESTATE: Border Location Has Land; Other Areas Improving

Among other signs of warming in San Diego County’s industrial real estate climate, Colliers International broker Linda Greenberg notes that the vacancy rate in the long-cold Otay Mesa submarket recently fell below 20 percent for the first time since 2007.

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Crowd Funding Sites May Put Power Of the People Behind Business Ideas

FINANCE: Appeals for Funds Made Directly To Individual Investors

Rod Turner was looking for a new venture to invest in. He passed on a few ideas before choosing one he says is certain to be the proverbial “next big thing”: crowd funding.

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Online v. Traditional Law: New Options Raise Questions

LAW: Experience Does Count When Navigating Legal Complexities

How good is that online document you just drafted for your new small business? Will it protect your business, your employees and, more importantly, you personally?

AmericanWest Closes Deal for SBB at $14.50 per Share

Shareholders of Security Business Bancorp, the parent firm to Security Business Bank of San Diego, got $14.50 per share, a slight increase above the $14.32 price that Spokane, Wash.- based AmericanWest Bank estimated when its acquisition was announced in March.

Kaiser Permanente Spreads Out in Suburban North County

San Marcos Building Almost Finished While Second Breaks Ground

Two new buildings in the works in San Marcos and Carmel Valley have Kaiser Permanente gearing up for expansion in the North County.

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Friday, July 13

Callaway Golf Plans to Cut Workforce by 12 Percent

Callaway Golf Co. plans to cut 12 percent of its global workforce, amounting to approximately 250 positions, as the Carlsbad-based company looks to trim about $52 million in annual operating costs.

Grocery Outlet Arrives in East Village

“Extreme value” food store Grocery Outlet is open in the East Village.

Thursday, July 12

Entropic Acquires Technology From PLX

Entropic Communications, a San Diego maker of hardware and software used in home entertainment systems, said it acquired the broadcast satellite intellectual property and technology from Sunnyvale-based PLX Technology Inc. for up to $8 million and a one-time licensing fee of $4 million.

Council Backs Plan to Redirect Balboa Park Traffic

San Diego moved a step closer to clearing cars from the heart of historic Balboa Park, after City Council recently approved a $45 million project to transform Plaza de Panama into a pedestrian friendly plaza.

SpectraScience Headed to Europe

SpectraScience Inc., a San Diego-based medical device company, said it expects second quarter revenue of about $310,000, and operating expenses in the quarter to be consistent with recent prior quarters.

Wednesday, July 11

Net Income Improves for WD-40

WD-40 Co. reported third quarter net income of $9.1 million, up 13 percent from the like quarter of 2011.

Solar Producer Signs Pact to Supply SDG&E

8minutenergy Renewables, a Sacramento-based independent solar photovoltaic developer with an office in San Diego, has agreed to supply San Diego Gas & Electric Co.’s power network with 200 megawatts of clean, renewable utility-scale solar PV power from its solar project in Imperial Valley.

New Retailer Arrives, Two Expand at Fashion Valley

Women’s fashion retailer Loft is joining the roster of stores at Fashion Valley, and two others have announced expansions at the Mission Valley mall.

New Carrier’s First Plane Arrives in Carlsbad

The first plane of new local carrier California Pacific Airlines arrived recently at McClellan-Palomar Airport in Carlsbad.

Medical Groups Draw Praise

Scripps Health is getting top rankings in a survey of patients that rated Scripps Coastal Medical Group and Scripps Clinic Medical Group No. 1 and No. 2, respectively, in San Diego County for the quality of primary care services.

Tuesday, July 10

Genius Brands Signs Nokia Deal

Genius Brands International, the San Diego-based developer and marketer of Baby Genius products for young children, said it entered into a partnership with Nokia Corp. that will put the company’s applications on Lumia smartphones running on Microsoft’s Windows platform.

Ashford Denied Accreditation; Bridgepoint to Appeal

Ashford University, the Iowa college operated by San Diego-based Bridgepoint Education Inc., said its application for accreditation by the Western Association of Schools and Colleges was denied.

OncoSec Poised for Midstage Clinical Trials

OncoSec Medical Inc., a San Diego-based company developing therapies to treat solid tumors, has received the OK for a Phase II clinical trial.

To Santee, With Salsa: Chipotle Opens 20th Local Location

Denver-based restaurant chain Chipotle Mexican Grill has opened a new location at 9828 Mission Gorge Road in Santee.

Monday, July 9

REIT Sells Notes on UTC Office Tower for $85.8M

KBS Real Estate Investment Trust II, a unit of KBS Capital Markets Group of Newport Beach, has sold notes collateralized by the Northern Trust Building at University Towne Center, for approximately $85.8 million to an undisclosed buyer, according to CoStar Group.

Qualcomm Declares Dividend

Qualcomm Inc. announced a quarterly cash dividend of 25 cents per share payable Sept. 26 to stockholders of record at the close of business on Sept. 7.

Workforce Partnership Names CEO

The San Diego Workforce Partnership, the regional job training agency, named Peter Callstrom as its new president and chief executive officer.

Local Firm Gets Refinancing for Student Housing Complex

San Diego-based Pierce Education Properties LP, which owns and develops student housing properties nationwide, has obtained $23 million in refinancing for Crimson Park, a 268-unit, 792-bed community serving the University of Oklahoma in Norman, Okla.

Groups Join Forces to Forge Clean-Tech Firms of Future

GREEN: EvoNexus, CleanTech San Diego Will Work Together

A recently formed alliance between CleanTech San Diego and CommNexus San Diego’s incubator, EvoNexus, could be helpful to more clean-technology companies like ecoATM, which previously went through the incubator.

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No Dark Clouds Over ServiceNow’s IPO

STOCKS: Investors Profit as Market Welcomes IT Company

The top executives of ServiceNow Inc. were exuberant when they rang the bell at the New York Stock Exchange for the company’s initial public offering, yet early investors, especially JMI Equity, were likely cheering louder.

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Kratos Defense Closes Purchase Of Sacramento Aircraft Producer

TECHNOLOGY: Its Natural User Interfaces Are Blazing New Trails

Kratos Defense & Security Solutions Inc. said recently that it closed its purchase of drone aircraft maker Composite Engineering Inc., sewing up the $155 million deal nearly two months after it was first announced.

Comic Book Characters Set to Invade Downtown

EVENT: Holy Geekdom, Batman! Comic-Con Is Coming

“I like to say Comic-Con is like a river,” says David Glanzer, marketing director for Comic-Con International, the mega pop-culture confab that annually brings 130,000 people to San Diego Convention Center.

Making the Case

TECHNOLOGY: LifeProof Negotiates a Competitive Market

LifeProof has built a burgeoning business on the strength of a slim, protective iPhone case. What does it do for an encore?

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Distressed Properties Draw Cash Players

REAL ESTATE: Investors See Maple Street Beating Wall Street

Organized investor groups targeting distressed properties are more active this year and continue to have a big impact on the housing market, say several buying groups and housing experts.

Medical Buildings Sell for $24.6M

Centre Medical Plaza, a 74,898-square-foot medical office park in Chula Vista, has been sold for $24.6 million, according to a statement from brokerage firm Marcus & Millichap Real Estate Investment Services.

Convenience Key for Small-Format Grocers

RETAIL: Trader Joe’s Finds Mission Valley Spot for Location

Grocery business growth in San Diego County has lately come in small packages.

Hospital Preps for Power Plant

The Grossmont Healthcare District board of directors recently approved the financing and purchase of state-of-the-art cogeneration energy equipment for Grossmont Hospital in La Mesa.

Firm Translates Data Into Easily Accessed Experiences

TECHNOLOGY: Its Natural User Interfaces Are Blazing New Trails

Accessing industrial-strength software applications requires more than a soft touch these days. It also requires a kind word — and a simple gesture or two of appreciation.

Tealium’s Tag Management Tool Puts Marketers in Control

TECHNOLOGY: One Master Tag Takes Over The Online Monitoring

Tealium Inc., named one of the “coolest companies” of 2012 by the San Diego Venture Group, is rapidly building its customer base. With the addition of 29 new clients during the first quarter of this year, the technology company counts over 85 users of its two-year-old product, Tealium IQ.

Incremental Innovation Key to Practice Growth

LAW: Skill as Digital Networker Essential to Success for All Lawyers

As the economy continues to take its toll on attorneys practicing in the largest firms to attorneys practicing on their own, Ari Kaplan has some advice. Look for incremental innovation.

With a Quick Scan, Eye Could Be Window To Diabetes Diagnoses

MEDICINE: Method Would Use a Scan for Early Disease Detection

Freedom Meditech is taking some of the blood work out of diagnosing diabetes by developing a noninvasive method of detecting the chronic disease through an eye scan.

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Qualcomm to Make Internal Changes

Qualcomm Inc. is changing its corporate structure to better manage its patent portfolio contained in a division called Qualcomm Technology Licensing, the company said recently.

VC Firm Uses Predictive Analytics to Get the Edge

INVESTING: System Is Built Upon Analysis Of 20-Years of Deals

Venture capitalists invest in 10 or more startups hoping one will make it big enough to cover the disappointments of those that don’t while still providing enough for a generous return to the limited partners.

Bristol-Myers Buys Amylin in Deal Worth $7B

MEDICINE: AstraZeneca Will Enter Partnership to Develop Amylin’s Drugs

Bristol-Myers Squibb of New York City agreed to buy locally based Amylin Pharmaceuticals Inc. for $5.3 billion in a deal that will give the global biopharmaceutical company access to a portfolio of diabetes therapies.

Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

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Walter Zable Was Also a Force on The Football Field

Walter Zable, the 97-year-old businessman who founded and ran Kearny Mesa-based Cubic Corp. for many decades, died June 24.

Tri-City’s Heart Care Program Wins Praise

Tri-City Medical Center’s heart care efforts are paying off with recognition from the American Heart Association and Becker’s Hospital Review.

Retailers Look for Ways to Keep Traffic, Transactions in the Stores

Marketing: Fighting ‘Showrooming’ Takes A Variety of Tactics

Retail experts have recently debated the extent of a problem that has come to be known in the industry as “showrooming.”

Executive Profile: Bill Thaxton

Bill Thaxton is a senior vice president with Flocke & Avoyer Commercial Real Estate, and has specialized in leasing and selling shopping centers in San Diego for 32 years.

Sold on the Changes

MARKETING: Retailers See Need and Necessity Of Having Multiple Online Channels

San Diego Hardware has now been in business for 120 years, and operators of the Kearny Mesa retailing stalwart point to a key decision made in the late 1990s that helped ensure its longevity into yet another new century.

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Regional Report

News and notes from communities around San Diego County

Rodeno Resigns as Managing Director of AmericanWest Bank

Paul Rodeno, who founded Security Business Bank of San Diego in 2002 and arranged its sale to AmericanWest Bank in a deal that closed July 2, is resigning from his new post as managing director.

Funds Go to Groups with Commitment to Healthy Community

Alliance Healthcare Foundation has pledged $1 million in unrestricted funds to 16 organizations through its Mission Support Grants program.

Multifamily Market Strong; Local Office Sector Sees Some Gains

San Diego’s office property market is showing moderate signs of improvement so far in 2012, signaled by a small decline in overall vacancy, positive net absorption and stabilized rents.

Friday, July 6

Covario Sees Asia-Focused Business Growing

Covario Inc., a San Diego search engine marketing business, says it’s on pace for another record year with online search advertising spending by marketers to Asia increasing 41 percent in the second quarter, compared with the same period last year.

Carlsbad Construction Firm Gets $49.6M Navy Contract

RQ Construction LLC of Carlsbad has received a task order of more than $49.6 million to build a rotary aircraft depot maintenance facility for the U.S. Navy.

Canadian Regulators OK Optimer Drug

Optimer Pharmaceuticals Inc.’s twice-daily antibiotic tablet Dificid has been approved by Health Canada for the treatment of Clostridium difficile infection in adults 18 years of age and older.

AmericanWest Bank Closes Security Business Bank Acquisition

AmericanWest Bank completed the acquisition of Security Business Bank of San Diego in a deal that was first announced in March, the Spokane-based bank said.

A&D to Renovate Camp Pendleton Bachelor Quarters

The U.S. Navy has awarded a task order of just over $9 million to A&D General Contracting Inc. of Santee, for renovation of a bachelor enlisted quarters building at Marine Corps Base Camp Pendleton.

Thursday, July 5

ImageWare Augments Patent Portfolio

ImageWare Systems Inc., a maker of identity management software, said recently that it acquired four U.S. patents related to wireless technology from an unidentified private company.

Hospital Preps for New Power Plant

The Grossmont Healthcare District board of directors recently approved the financing and purchase of state-of-the-art cogeneration energy equipment for Grossmont Hospital in La Mesa.

Trade Group Tunes Up for Music Products Conference

Organizers with the Carlsbad-based National Association of Music Merchants expect 74 first-time exhibitors to be among the 370 companies showing new products at the trade group’s annual summer trade show in Nashville, Tenn., set for July 12-14.

Survey Shows Executive Optimism Waning Somewhat

Vistage International, the San Diego-based executive peer coaching organization, said CEOs are less optimistic about their company’s future prospects because of renewed concerns about the national economy, causing a drop in a confidence index in the second quarter.

Chula Vista Medical Plaza Sold for $24.6M

Centre Medical Plaza, a 74,898-square-foot medical office park in Chula Vista, has been sold for $24.6 million, according to a statement from brokerage firm Marcus & Millichap Real Estate Investment Services.

Tuesday, July 3

Mor Furniture for Less Debuts Stores in Palm Springs Area

San Diego-based Mor Furniture for Less has opened two new stores in the Palm Springs area. A company statement said the opening June 21 in Cathedral City followed the retailer’s May debut in nearby Rancho Mirage.

Northwestern Mutual to Add Staff

Northwestern Mutual Life Insurance Co. will add 50 financial representatives and 75 interns this year at its San Diego offices as part of a nationwide effort by the company to recruit more than 5,000 financial professionals in 2012, the company said recently.

Work Continues on North Embarcadero Project

Contractor USS Cal Builders has begun repaving the northern end of the North Embarcadero project area, as work continues on the $28.6 million first-phase renovation of the downtown San Diego waterfront district.

Monday, July 2

ServiceNow Stock Rises on First Day of Trading

ServiceNow Inc., the San Diego provider of cloud-based technology services, popped by about 37 percent on its initial public offering with the stock closing at $24.60 on its first day of trading June 29.

Earl Industries Division to Become Part of Nassco

General Dynamics agreed to buy the Ship Repair and Coatings division of Earl Industries, a ship repair facility that supports the U.S. Navy in Virginia and Florida, for an undisclosed price, the company said June 29.

Local Construction Contracts Up 17 Percent This Year

San Diego County contracts for future construction were up 17 percent from a year ago in the first five months of 2012, according to data reported June 29 by McGraw-Hill Construction.

Supervisors Approve Airport Taxiway Reconstruction

The San Diego County Board of Supervisors has unanimously approved a $3.58 million taxiway reconstruction project at McClellan-Palomar Airport in Carlsbad.

Executive Profile: Ric Militi

InnoVision was created to fill an open position that presented itself in the market.

State Commission Approves SDG&E Substation Project

San Diego Gas & Electric Co. obtained approval from the state Public Utilities Commission to construct an East County substation project, involving two electric substations in Jacumba and Boulevard connected by a 14-mile, 138-kilovolt transmission line, the company said recently.

SmartDrive Picks Up $47 Million in New Venture Funding

TECHNOLOGY: Fuel Savings, Safer Driving Are Goals of Monitoring

Steven Mitgang wants to put more customers behind the steering wheel.

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Firm Helps Businesses Navigate Complexity of Insurance

INSURANCE: Services, Big Market Work for Barney & Barney

The Supreme Court’s ruling to uphold the individual mandate and the legality of the federal health care law won’t change the fact that many companies still need help figuring the best health insurance plans for employees, a fact helping to drive the business of brokers such as San Diego’s Barney & Barney.

First PacTrust Sees the Light at End of Acquisition Tunnel

First PacTrust Bancorp Inc., holding company for PacTrust Bank, now based in Irvine after relocating from Chula Vista in March, said it should close on the acquisition of Beach Business Bank of Manhattan Beach July 2.

Content Strategists Take Medium and Messages to the Next Level

TECHNOLOGY: Firms Get Help in Creating an Effective Online Presence

Caritta Lee says her job is part treasure hunter, part artist and part scientist. Actually, she is none of the above.

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Founder’s Death Is the End of an Era for Cubic

TECHNOLOGY: At 97, Zable Was the Nation’s Oldest CEO

Walter J. Zable, the founder of Cubic Corp. who died June 23 of natural causes at the age of 97, is gone but his company lives on.

X-Swab Seeks Place On Most Wanted List

TECHNOLOGY: Tool’s Use By FBI Boosts Firm’s Image

Crime fighting has a new ally in the form of an engineered material swab called the X-Swab.

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Regional Report

News and notes from communities around San Diego County

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Work For Everyone

EMPLOYMENT: Nonprofit Taps Talents of Disabled Workers

Kelly Abbott has found an able and engaged software tester in Gilbert.

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Small Businesses Guided To Government Opportunities

ECONOMY: Tips on Contracting and Loans Part of Outreach Effort

Government representatives recently came to the UC San Diego campus as part of an outreach program to inform more than 100 business attendees about federal contracting opportunities

Company Culture Key to Unlocking Potential

I’ve always loved great success stories about pursuing the American dream.

Trigild Makes a Move to Bigger Quarters

REAL ESTATE: Firm Finds A Boom in the Property Bust

Loan distress plays a relatively limited role in San Diego County’s commercial real estate market, but there’s enough of it still happening nationally to keep firms such as Trigild busy and growing for the foreseeable future.

FDA Approves Arena’s New Weight-Loss Drug

MEDICINE: It Is First Approval of Weight-Loss Drug in 13 Years

Arena Pharmaceuticals Inc. has scored the first Food and Drug Administration approval of a weight-loss drug in 13 years. For Arena, the FDA decision, announced recently, is another landmark because lorcaserin is the first drug that the company, founded in 1997, submitted to the federal agency for marketing approval.

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Preparing the Next Generation of Tech Workers

Forbes magazine recently published reports stating high-tech college degrees are among the most valuable, and the magazine ranks San Diego as the third best city in the nation for tech jobs.

Region on Losing End of SAIC’s Transfer of Jobs

WORKFORCE: Firm Moving Some Positions to Headquarters

SAIC Inc., the high-technology defense contractor that moved its headquarters from San Diego to McLean, Va., in 2009, is moving the remaining 450 corporate staff jobs to its new home outside of Washington, D.C., and two other sites in Florida and Tennessee, the company said.

Technology Integration Group Expands With Oregon Buy

Technology Integration Group announced that it has completed the acquisition of Internet protocol communications systems integrator Obsidian Technologies.

It’s not Just Google Anymore; Social Media Action Matters

Social Media: Deciding What to Measure Drives Media Strategy

The CEO of a San Diego company recently told the marketing staff to minimize the time and resources invested in Facebook and other social media to concentrate on improving the Google search ranking of the organization’s website.

Agencies Compete to Connect Customers to Companies

ADVERTISING: Ad Firms Get Creative to Do the Job In New Media Environment

San Diego’s climate and attitude is as far removed from New York City as one can get, but not so when it comes to the quality and creative breadth of the local advertising community represented on the 2012 San Diego Business Journal Advertising Agencies list.

Cooley’s Cross Knocks Government Case Out of the Park

Professional baseball pitcher Roger Clemens is free, at least in part due to good legal work done in San Diego.

Gala Contributes to Center’s Mission to Safeguard Kids

The San Diego Center for Children’s 125th Anniversary Gala celebration was held at the US Grant hotel.

Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

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Cold Temperatures May Be Tool To Freeze Disease in Its Tracks

MEDICINE: Firm Also Sees Aesthetic Uses for Cryoablation Treatments

During 35 years in the health care industry, Bill Nydam has learned enough about cryoablation to take the existing technology and together with CryoMedix LLC co-founders Peter Littrup and Alex Babkin expand its use to a number of multibillion-dollar markets.

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San Diego Startup’s Ear Buds Win Big By Just Showing Up

The 2012 Summer Olympics get underway in London on July 27, and San Diego-based startup Zipbuds will be represented on the court, so to speak.

Hotel’s Summer Debut Comes as Tide Turns for the Industry

HOSPITALITY: Sector Sees Group, Business and Leisure Travelers Return

Early bookings gave operators of the new $80 million Hilton Carlsbad Oceanfront Resort & Spa reason to believe they’ve picked the right time to open the first major resort to debut in the western U.S. in more than a year.

Padres Sale Said to Be Imminent

Several media outlets reported the imminent sale of the San Diego Padres to a group headed by Peter O’Malley, the former owner of the Los Angeles Dodgers, and members of his family, as well as local golf star Phil Mickelson.