Finance

MEDICAL

Quidel gains FDA approval for strep test

Quidel Corp. (Nasdaq: QDEL), a San Diego-based provider of rapid diagnostic testing solutions, reports it has received clearance from the Food and Drug Administration (FDA) to market its Lyra Direct Strep Assay.

GENERAL

Chamber poll says business optimism continues

Despite a slight dip last month, local businesses continue to have a relatively bright outlook about economic and business conditions, according to the latest monthly survey of members of the San Diego Regional Chamber of Commerce and East County Chamber of Commerce.

MEDICAL

Illumina posts strong quarter

Illumina Inc. (Nasdaq: ILMN) reports it was not only profitable, but had a strong first quarter of the year.

SD's Nervana Systems completes $600K seed round

AMN refinances outstanding credit facilities

Citigroup may sell 50 California branches

Dealstruck doubles footprint

GENERAL

On the Agenda: Expo, awards lunch, mixer and golf classic ahead this week

VC investment starts year strong, posting huge 1Q

Vital Therapies prices IPO

Other Finance Headlines:

Mortgage apps decline

McLEAN, Va. -- Mortgage applications in the U.S. fell for the fourth time in five weeks as fewer Americans made home purchases or refinanced their properties as borrowing costs rose.

WTI Crude’s Discount to Brent Widest in Five Weeks on Supplies

April 23 (Bloomberg) -- West Texas Intermediate crude declined, widening its discount against Brent to the most in five weeks on estimates that oil stockpiles increased last week in the U.S., the world’s largest user of the commodity.

U.S. Stock-Index Futures Decline Amid Results From AT&T, Amgen

April 23 (Bloomberg) -- U.S. stock futures declined, after the Standard & Poor’s 500 Index completed its longest winning streak since September, as investors weighed earnings from AT&T Inc. to Boeing Co.

March new-home sales in US slump to 8-month low

New-home sales in the U.S. took a plunge in March to the lowest level in eight months as buyers balked at record prices and higher mortgage rates that made properties less affordable.

Quidel gains FDA approval for strep test

Quidel Corp. (Nasdaq: QDEL), a San Diego-based provider of rapid diagnostic testing solutions, reports it has received clearance from the Food and Drug Administration (FDA) to market its Lyra Direct Strep Assay.

More Finance News

BUSINESS NEWS

In The News

Apr. 22, 2014, 5:00 p.m. -- In San Diego news, Alan Nevin gave the keynote address at the San Diego County Apartment Association’s annual Educational Conference and Expo on Tuesday, and the jury has begun deliberating in the trial over Graham Downes’ murder.

Finance Videos

George Chamberlin on the Markets

April 21, 2014 -- Executive Editor George Chamberlin recaps last week's financial events and looks at the week's upcoming announcements.

Special Reports

Human Resources - 2014

The latest news on health care reform, which has been a hot topic for human resources professionals and businesses.

Small Business

The Daily Transcript celebrates the entrepreneurial spirit with small business news and how-to articles, roundtables and more.

Boomer Generation

News, expert advice and crucial information for a San Diego generation in transition.
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Newsmaker Videos

Dr. Lynn Reaser, Point Loma Nazarene University

Dr. Lynn Reaser, Chief Economist of the Fermanian Business & Economic Institute at PLNU, discusses the Economic Outlook event, which was held Dec. 6.

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INSIDER TRADES

Last Updated 4/22/2014

ENCORE CAPITAL GROUP INC

Masih, Ashish, O, Sold
No. of Shares: 12,000
Date Filed: 04/14/2014

ENCORE CAPITAL GROUP INC

Masih, Ashish, O, Options Exercised
No. of Shares: 12,000
Date Filed: 04/14/2014

SENOMYX INC

Karanewsky, Donald S, O, Sold
No. of Shares: 20,000
Date Filed: 04/17/2014

SENOMYX INC

Karanewsky, Donald S, O, Options Exercised
No. of Shares: 20,000
Date Filed: 04/17/2014

VICAL INC

Ramos, Anthony Alan, O, Sold
No. of Shares: 428
Date Filed: 04/21/2014

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