Finance

Sempra unit acquires Pemex pipeline stake for $1.3B

A Mexican subsidiary of Sempra Energy has agreed to pay Pemex oil company $1.3 billion and assume $170 million in debt to acquire its 50 percent stake in their gas pipeline joint venture.

ParkerVision loses appeal in Qualcomm case

ParkerVision Inc. plunged after it lost a U.S. appeals court bid to revive at $173 million patent-infringement verdict against Qualcomm Inc. over wireless-network technology.

Suneva Medical raises $35.4 million

San Diego-based Suneva Medical Inc., a developer of facial skin products, announced the closing of a $15 million equity investment by Almirall Inc., an affiliate of Almirall, S.A., a global pharmaceutical company primarily focused within the therapeutic area of medical dermatology.

Atlas General enters strategic partnership with Vanbridge Holdings

Daily Digest

Petco said to be interviewing banks for IPO this year

Torrey Pines Bank adds to executive team

Daily Digest

Union Bank names mortgage consultant

Daily Digest

Other Finance Headlines:

Why are so many millennials still in the basement?

How much do millennials love their parents? Do snake people enjoy basements?

On the Agenda: Help for veterans, employers, marketers

Business and professional groups have planned a range of activities this week.

ParkerVision loses appeal in Qualcomm case

ParkerVision Inc. plunged after it lost a U.S. appeals court bid to revive at $173 million patent-infringement verdict against Qualcomm Inc. over wireless-network technology.

Sempra unit acquires Pemex pipeline stake for $1.3B

A Mexican subsidiary of Sempra Energy has agreed to pay Pemex oil company $1.3 billion and assume $170 million in debt to acquire its 50 percent stake in their gas pipeline joint venture.

San Diego Stock Exchange

The San Diego Stock Exchange Index closed higher Friday at 207.27, up .89 percent from Thursday. Advancing issues beat decliners, 63-27, and 84 issues were unchanged.

More Finance News

Weekly Update

George Chamberlin on the Markets

July 27, 2015 -- Executive Editor George Chamberlin recaps last week's financial events and looks at the week's upcoming announcements.

Finance Videos

Interview with Shelley Lyford, Paul Downey

July 16, 2015 -- George Chamberlin speaks with Shelley Lyford, CEO of West Health, and Paul Downey, president and CEO of Serving Seniors, about participating in the Conference on Aging in Washington, D.C., and the various issues addressed.

Finance Businesses

Newsmaker Videos

Interview with Wells Fargo's Celia Lanning

July 1, 2015 -- George Chamberlin speaks with Celia Lanning, region president for Wells Fargo, about how Wells Fargo helps communities through charitable efforts, small business lending, and how customer service is still key to Well Fargo's success.

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INSIDER TRADES

Last Updated 7/31/2015

GEN-PROBE INC

Gilhuly, Edward A, D, Sold
No. of Shares: 253,400
Date Filed: 07/23/2015

ILLUMINA INC

Walt, David R, D, Sold
No. of Shares: 10,000
Date Filed: 07/28/2015

ILLUMINA INC

Dadswell, Charles E, GC, Sold
No. of Shares: 167
Date Filed: 07/27/2015

Around Town

Calexico

Calexico

Calexico is one of California’s best kept secrets. A delightful blend of American and Mexican cultures, Calexico’s small-town lifestyle, combined with its convenient proximity to the metropolitan areas of Mexicali and San Diego, make it a great place to live.