Finance
Southland gas prices blew right past the $4 average in the last week, fueled by an earlier spike in wholesale prices, according to the Automobile Club of Southern California's Weekend Gas Watch.
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Ambit Biosciences Corp. Thursday announced the pricing of its initial public offering of 8,125,000 shares of its common stock at $8 per share.
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MEDICAL
Shares of Halozyme Therapeutics Inc. climbed Thursday after the company reported clinical trial data for an experimental cancer drug.
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Cubic Corp. (NYSE: CUB) announced Thursday the pricing of a previously announced secondary underwritten public offering of 2,315,000 million shares of its common stock at a price to the public of $45.75 per share.
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MEDICAL
Illumina Inc. (Nasdaq: ILMN) Thursday announced the full commercial availability of BaseSpace, the San Diego company’s genomics cloud computing and storage platform.
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Viasat Inc. announced it has executed a contract with Boeing to build ViaSat-2, which is based on its next generation, Ka-band satellite technology and architecture, and Mad Catz Interactive Inc. announced its CFO, Allyson Evans, has resigned from her position, according to company announcements, SEC filings and Bloomberg News.
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Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) said Wednesday it expects gross proceeds of $100 million after pricing a public stock offering.
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Cardium Therapeutics Inc. reported a net loss of $2.2 million, or 2 cents per share, for the quarter ended March 31, and Cohu Inc. announced its board of directors declared a quarterly cash dividend of 6 cents per share, payable Aug. 2 to shareholders of record on June 21, according to company announcements, SEC filings and Bloomberg News.
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InfoSonics Corp. (Nasdaq: IFON) Tuesday reported net sales for the first quarter of 2013 of $7.8 million, which represented a $4.5 million, or 37 percent, decline from $12.3 million for the first quarter of 2012.
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LIFESTYLE
International Stem Cell Corp. (OTC: ISCO), a Carlsbad-based biotechnology company developing novel stem cell-based therapies, announced Tuesday its revenue for the three months ending March 31 was $1.29 million, an increase of 19 percent compared to the first quarter of 2012.
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Economic Calendar | May 17

Major Economic Releases

Futures rebound ahead of Conference Board report

U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.

Oil gains to near $96 as investors eye US economy

The Conference Board's index attempts to gauge what's coming over the next several months -- investors will watch it for clues about the strength of the recovery in the world's largest economy.

Pump prices zoom above $4 average

Southland gas prices blew right past the $4 average in the last week, fueled by an earlier spike in wholesale prices, according to the Automobile Club of Southern California's Weekend Gas Watch.

Consumer Sentiment in U.S. Rose in May to Highest Since 2007

May 17 (Bloomberg) -- Consumer confidence rose in May to the highest level in almost six years as an advancing stock market and cheaper gas prices helped lift Americans’ outlook on the economy.

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Breaking News

Updated: 11:15PM

BUSINESS NEWS

In The News

May 17, 2013, 5:00 p.m. -- In local business news, LEAD San Diego presents its 11th annual Visionary Awards on Thursday, and George Chamberlin discusses share repurchases.

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Finance Videos

George Chamberlin on the Markets

May 13, 2013 -- Executive Editor George Chamberlin recaps last week's financial events and looks at the week's upcoming announcements.

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Special Reports

Defense - 2013

Learn about the current issues affecting the defense industry, both locally and nationally, in this spotlight.
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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.

Banking & Finance

Banking & Finance is a one-stop shop for The Daily Transcript's news on the local economy, market conditions, capital and funding issues, and investment concerns.
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Newsmaker Videos

In San Diego, business is personal, too

Business clients of North Island Credit Union discuss the personal side of business in both relationships and accounts.

And I Went With Him

Business clients of North Island Credit Union discuss what they want and appreciate in a banking relationship.

It's a small town

Business clients of North Island Credit Union discuss the importance of a financial institution that is relationship, rather than profit, centered.

Politics and San Diego’s Economic Future to be Highlighted

Sept. 24, 2012 -- Lynn Reaser, chief economist at the Fermanian Business & Economic Institute of Point Loma Nazarene University.

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Address, City, or Zip
U.S. MARKETS
Last Updated 5/17/2013 8:15 PM
DOW: 
15354.40 
+121.18
NYSE: 
9576.43 
+87.15
Nasdaq: 
3498.97 
+33.73
S&P 500: 
1666.12 
+15.65
Last Updated 5/17/2013
Best Performers
+0.33 
253.8%
+0.02 
200.0%
+0.05 
33.33%
+0.04 
25.00%
+0.04 
25.00%
Worst Performers
-0.01 
-50.00%
-0.10 
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-0.09 
-24.32%
-0.58 
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-0.08 
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Last Updated 5/17/2013
SANTARUS INC
Cosmo, Technologies Ltd, B, Sold
No. of Shares: 4,887,500
Date Filed: 05/15/2013

SANTARUS INC
Herman, Michael E, D, Sold
No. of Shares: 25,000
Date Filed: 05/14/2013

KRATOS DEFENSE & SECURITY
Demarco, Eric M, CEO, Purchased
No. of Shares: 28,647
Date Filed: 05/14/2013

DIGIRAD CORP
Eberwein, Jeffrey E, D, Purchased
No. of Shares: 30,000
Date Filed: 05/07/2013

DIGIRAD CORP
Gillman, Charles M, D, Purchased
No. of Shares: 30,000
Date Filed: 05/07/2013


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