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News

GREEN

EDF Renewable Energy to sell solar projects to Dominion

San Diego-based EDF Renewable Energy on Monday announced that Dominion (NYSE: D) will acquire two solar projects for a total of 57 megawatt peak (MWp): Cottonwood Solar (32.6 MWp) and Catalina Solar 2 (24.3 MWp).

Daily Digest

Qualcomm Inc. CEO Steve Mollenkopf exercised options on 23,125 shares at $40.42 per share and sold 23,125 shares at $75.56 per share on Thursday, and company reported it acquired Euvision Technologies, an image recognition company, and Youngevity International Inc.: reported its wholly owned subsidiary CLR Roasters completed its $4.35 million Secured Convertible Notes and Warrants financing for a total aggregate principal amount of $4.75 million, according to company announcements, SEC filings and Bloomberg News.

GENERAL

On the Agenda: Groups to discuss action sports, family law, startups

Business and professional groups this week will take on topics ranging from action sports to industry associations to health care.

Daily Digest

TECHNOLOGY

Qualcomm sees growth in China even amid antitrust probe

Other Finance Headlines:

San Diego Stock Exchange

The San Diego Stock Exchange Index closed lower Monday at 162.25, down 1.64 percent from Friday. Declining issues beat advancers 79 to 24, and 89 issues were unchanged. Receptos Inc. (Nasdaq: RCPT) was the top dollar gainer, up $2.88 to $62.55. Zoned Properties Inc. (OTC: ZDPY) was the top dollar loser, down $8.00 to $15.00. For the complete, updated San Diego Stock Exchange Index visit sddt.com/stocks.

U.S. Stock-Index Futures Little Changed Before Fed Decision

Sept. 15 (Bloomberg) -- U.S. stock-index futures were little changed, after equities posted a weekly decline, as investors awaited today’s reports on industrial activity to help gauge the timing of any Federal Reserve rate increase.

Once-troubled reverse mortgage poised for rebound

Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions.

Nasdaq falls to 1-month low; Tesla skids

Internet stocks and small-cap shares tumbled, sending the Nasdaq Composite Index near a one-month low, as investors sold some of the bull market’s best performing shares.

Chinese Gripe at Being Left Out of Alibaba’s E-Commerce IPO

Sept. 15 (Bloomberg) -- Zhou Nushi, a retired factory worker in Shanghai, would like to buy shares of Alibaba Group Holding Inc. as the Chinese e-commerce company prepares to go public in what may be the biggest initial share sale ever.

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